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Showing 6921 - 6930 of 14214 results for "Interest"

Pillar privatisation confirmed

MARK SMITH  |  THURSDAY, 10 DEC 2015
... Gladys Berejiklian said. The government will prepare for a competitive trade sale and expects to call for expressions of interest in 2016. "Ongoing public ownership of Pillar is not in the interests of NSW taxpayers or Pillar's clients in this competitive ...

Four steps up, four steps down

BENJAMIN ONG  |  THURSDAY, 10 DEC 2015
... to its official cash rate target over the past few years. Yesterday's decision by New Zealand's central bank's to cut interest rates - the fourth time this year - by 25 bps to 2.5% completes the final reversal of the four rate hikes it did in quick succession ...

SMSFs could own Kidman Station

LAURA MILLAN  |  WEDNESDAY, 9 DEC 2015
... Morrison's decision to block the sale of the land to a Chinese bidder. Morrison said that the sale was not "in the national interest." DomaCom and Burgin are proposing to match the Chinese offer with funds provided by SMSFs and other retail investors. ...

Bell AM appoints strategy and distribution head

MARK SMITH  |  WEDNESDAY, 9 DEC 2015
... assets under management. "Rob will add further strength and depth to the business at a time when there is significant interest and appetite for asset management firms with a proven global equities offering," said Bell. Bell Asset Management's core focus ...

IOOF $20bn custody review selects BNP

ALEX BURKE  |  TUESDAY, 8 DEC 2015
IOOF has selected BNP Paribas Securities Services after consolidating its custodians from three to one. BNP will now provide custody, master custody, middle-office and compliance services for IOOF; previously, these responsibilities were also distributed ...

Most global equities managers outperformed in 2015

LAURA MILLAN  |  TUESDAY, 8 DEC 2015
... managers generally outperforming their value style counterparts." Over the year, Zenith has seen "an increased level of interest from clients and investors who want to exclude tobacco related securities from their portfolio. We have also seen managers ...

Super fund appetite for property funding up

MARK SMITH  |  MONDAY, 7 DEC 2015
... which provides equity and debt financing to residential, commercial and retail property developers, has seen increasing interest from institutional investors. "Superannuation investors are becoming more active, from smaller industry funds right through ...

Over 30% SMSFs hold low balances: research

LAURA MILLAN  |  MONDAY, 7 DEC 2015
A total of 32% of self-managed super funds (SMSFs) surveyed in a recent study held less than the $200,000 soft benchmark recommended by ASIC. The latest Financial Services Council (FSC) and UBS SMSF report shows that 19% of the 601 funds surveyed hold ...

US Fed cleared for lift-off

BENJAMIN ONG  |  MONDAY, 7 DEC 2015
... coincidence would have it, 16 December marks the beginning and now the coming end of the US Federal Reserve's near zero interest rate policy - precisely seven years. Reports put the odds of a lift-off rising to 80%. But after the strong US jobs numbers ...

Zurich CEO steps down, hunt begins

ALEX BURKE  |  FRIDAY, 4 DEC 2015
Zurich's global chief executive has announced his departure after six years in the role. Martin Senn joined Zurich in 2006 from Swiss Life, becoming chief investment officer. During his tenure as chief executive, Zurich chairman Tom de Swaan said he ...