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Showing 6541 - 6550 of 9741 results for "Major"

Bank profits exceed 25 per cent

ALISON BEVEGE  |  WEDNESDAY, 18 MAY 2011
... rate rises rather than risking a rise in default levels by passing them on. Morningstar said net interest margins for the major banks averaged 2.26 per cent in the first half of this year. Morningstar issued an accumulate recommendation on each of the ...

Investor revolt threatens 30 fund managers

ALISON BEVEGE  |  WEDNESDAY, 18 MAY 2011
An action group of disgruntled investors are trying to remove the 30-member management team of Wellington Premium Income Fund. The unit-holder action group says it represents 27 per cent of the investors in PIF and has taken steps to convene a meeting ...

CFS builds in corporate super

ELISE BURGESS  |  TUESDAY, 17 MAY 2011
... employer super issues by releasing retained benefits functionality for FirstChoice Employer Super (FCES). Staff turnover is a major hurdle for many employer super funds, according to research by the Australian Human Resources Institute (AHRI), which ...

Seeing evil, hearing evil

BENJAMIN ONG  |  TUESDAY, 17 MAY 2011
... recession. I think it'll cause more than that. Think GFC several times over. But if this scare really, truly is among the major factors that spooked financial markets last night, tell me why US bond yields continue to head south? If the prospect of a ...

Market Wrap

AAP  |  MONDAY, 16 MAY 2011
... as investors snapped up quality stocks. "We're seeing the stockmarket lower on a lead from the US overnight. There are no major movers, everything's off around one per cent." But he said the decline was likely to reverse later in the day. "I think we'll ...

van Eyk drops AXA Bernstein for Sigma

ELISE BURGESS  |  MONDAY, 16 MAY 2011
... portfolio," said Lemon. Sigma, which has a team of six portfolio managers, said the appointment represents Sigma's first major wholesale mandate since forming in August 2009. As it stands now, Fidelity's asset allocation has been cut down from 27.5 per ...

Property managers stifled by lenders

MATT WOODINGTON  |  MONDAY, 16 MAY 2011
Property fund managers remain concerned by the lack of access to financing from major lenders, with no notable improvement in the last year, according to the Australian Direct Property Investment Association (ADPIA). An ADPIA survey of fund managers ...

Market Wrap

AAP  |  FRIDAY, 13 MAY 2011
... four cents to $14.24, Oil Search had fallen six cents to $6.86 and Origin Energy was up three cents to $16.05. Among the major miners, BHP Billiton was five cents weaker to $44.08 and Rio Tinto has found seven cents to $79.86. Airline Qantas gained two ...

Market Wrap - Morning

AAP  |  THURSDAY, 12 MAY 2011
... government bond prices rose as traders moved money into safer assets. The dollar rose 0.8 per cent against a group of other major currencies. The euro dropped 1.5 per cent against the dollar. Energy stocks fell three per cent, the most of any of the ...

Budget 2011: Advisers granted budget wish

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
... withdraw the excess funds to avoid penalty tax rates. The concession is only valid for first-time offenders. This was a major desire for financial advisers who bore the brunt of many complaints after a dramatic increase in the numbers of people breaching ...