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Showing 6211 - 6220 of 6252 results for "December 29"

ASIC permanently bans Victorian financial adviser

The Australian Securities and Investments Commission (ASIC) announced today that it had accepted an enforceable undertaking from Robert Street, a financial adviser from Victoria, that he be permanently excluded from the financial services industry. ...

Westfield America earnings on track: Lowy

The chairman of Westfield America Trust, Frank Lowy, today announced at a members meeting that the company expects distribution per unit growth for 2003 to be in line with market consensus forecasts of approximately $0.16 per unit, which represents ...

Retirement income funds suffer 13% sales slowdown: IFSA

Total retirement income funds under management increased by 2.3% over the December quarter to $45.7 billion but total sales were down by over 13% for the quarter to $2.4 billion, the Investment and Financial Services Association Limited (IFSA) said ...

Property lures investors

The property sector continues to surge ahead in popularity, whilst interest in new share investment has fallen to a record low. In its latest ING Melbourne Institute Savings and Investment quarterly report, as many as 32.6 per cent of investors indicated ...

Ethical managers struggling to attract funds: report

Less than one fifth of ethical/SRI managers are growing their funds under management (FUM, suggesting that the sector is coming under increasing pressure to remain relevant, according to research by Rainmaker Information. Although the total value of ...

Lend Lease US Office Trust profits rise to $55.78 million

The US Lend Lease US Office Trust recorded a profit of US$33.2 million ($55.78 million) for the year ended December 31 2002, it announced today. The figure represents a $6.22 million increase from 2001. "Despite ongoing weakness in the US economy and ...

Macquarie seals $542 million deal for 28% of Aeroporti di Roma

Macquarie Airports (Map) today announced that it has officially sealed the $542 million acquisition of a 28% stake in Aeroporti di Roma, raising the collective interest of Macquarie's managed infrastructure funds in the project to 44.7%, at a total ...

Centro announces strong retail sales for February

Centro Properties Group today announced that its owned property portfolio returned 5.1% in February, in line with results from its overall managed portfolio. Centro's shopping centres have continued during February to generate strong retail sales growth ...

Centro announces $1.32 billion move for AMP Shopping Centre Trust

Paul Cully Listed property trust Centro today acquired 19.9% of units in AMP Shopping Centre Trust (ART) and promptly followed up the acquisition with an off-market bid to take the remaining units, valuing ART at approximately $1.32 billion. "We believe ...

Credit Suisse asset allocation outlook downgraded

Credit Suisse asset allocation outlook downgraded: Morningstar John Fernando Morningstar has downgraded Credit Suisse Asset Management's ('CSAM') allocation from 'very positive' to 'neutral' following the forthcoming retirement of Lindsay Gibson as ...