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| | | ... around $115 million to design and build the Mains Road Kessels Roads intersection updgrade in Brisbane. At 1205 AEST the major banks were also weaker, with ANZ the weakest performer, losing 53 cents to $19.39. Commonwealth Bank fell 97 cents to $46.55 ... |
| | | | ... take of a CEO from a large company has almost doubled over the decade," said Ann Byrne, chief executive, ACSI. "This is of major concern as paying CEOs cash bonuses and high cash salaries protects them from the volatility experienced by shareholders." ... |
| | | | Australian investors will have access to Janus Capital International's Asia equity strategy, now available for institutional investors outside the US, which promises long-term growth of capital from 80% emerging market allocation. The strategy, launched ... |
| | | | ... On October 1, Invesco will rename its Wholesale Asian Share Fund as the Wholesale Asian Consumer Demand Fund to reflect major changes to the portfolio's makeup. Invesco Asia has been running a consumer demand fund out of Hong Kong for over three years ... |
| | | | IOOF will simplify its multi-manager offering by combining its two product suites and closing a number of funds at the end of the month. The diversified financial services group will embed its United Sector Leaders Funds within the IOOF MultiMix suite ... |
| | | | ... negative, based on the airline group's new international strategy, which includes the launch a new premium carrier in Asia. The major banks were higher, with ANZ gaining 21 cents to $20.50 and Commonwealth Bank up 34 cents at $48.56. National Australia ... |
| | | | ... competitor that has anything like that." Williams said Mercer would target all planners from boutique firms to private and major bank-aligned advisers, with clients ranging from the mass affluent to high net wealth. This is going head to head with asset ... |
| | | | ... the open was utilities stocks, down one per cent according to IRESS data, while energy stocks had slipped 0.98 per cent. Major energy producers were down more than one per cent - Oil Search was off 10 cents at $6.32, Woodside was 62 cents lower at $34.70 ... |
| | | | BT, a major platform provider for Count Financial, today said it is confident its product business will stand on its merits and will not be harmed even though a key rival is buying its major client. Count Financial runs $6.2 billion across its preferred ... |
| | | | ... trustees and 'mum and dad' investors, concluding the approach is widespread across the industry. "Fixing this issue requires a major shift in mindset and, especially, the fortitude to foster and measure long-termism," said Arnold. "It is getting more ... |
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