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Showing 691 - 700 of 1566 results for "Offset"

Centrepoint's wealth business up 10pc

DARREN SNYDER  |  MONDAY, 24 AUG 2015
Centrepoint Alliance's wealth business recorded an underlying pre-tax profit of $7.1 million for the last financial year, up 10% on the year prior. Announcing its full-year results to the Australian Securities Exchange (ASX) on Friday, Centrepoint also ...

Below benchmark performance hurts Platinum

LAURA MILLAN  |  FRIDAY, 21 AUG 2015
... the currency weakens. He acknowledged that "we have seen reasonable flows from private investors though this was partly offset by some institutional accounts redeeming investments because of a desire to change their asset mix." Platinum's yearly report ...

Australians need another $130,000 for retirement: ASFA

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
The idea you will need $1 million in retirement appears to be further busted after the Association of Superannuation Funds of Australia (ASFA) released its latest retirement standard. However the updated ASFA figure suggests Australian's will need to ...

Difficult year for insurance income: CBA

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
... flat in the six months to 30 June 2015 but overall recorded a 3% decline. The second half result showed improved lapses, offset by weaker claims experience and a decline in new business. Narev said in terms of the decline in new business the bank was ...

Platinum launches Asia LIC

LAURA MILLAN  |  WEDNESDAY, 29 JUL 2015
... and gloom if you are invested in resources, but not if you are investing in quality companies." The sharp drop "can also offset an opportunity because of stocks not being priced correctly." The Platinum fund invests mainly in stable companies with a ...

RBNZ tries to turn the turn in NZ economy

BENJAMIN ONG  |  MONDAY, 27 JUL 2015
It was the best of times then... it became the worst of times. 'twas only three months ago, the New Zealand dollar climbed higher and higher against the Australian dollar and was widely expected to breached parity because "...the NZ dollar genuinely ...

Market lower at noon

AAP  |  FRIDAY, 24 JUL 2015
The share market has rebounded from its early losses as gains by retailers, health companies and financials offset weakness among miners. Lower commodity prices have caused a resources sector sell-off, with BHP Billiton down 69 cents at $25.58, Rio ...

Macquarie awarded $2bn in mandates

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
... Macquarie Asset Management (MAM) had $477.4 billion in assets under management at the end of the quarter, with positive flows offset by foreign exchange and market movements.

Market higher despite resources slump

AAP  |  TUESDAY, 21 JUL 2015
The share market is slightly stronger at noon, with gains in the financial and energy sectors managing to offset falls by the miners. BHP Billiton was down 44 cents at $26.55 and Rio Tinto was 92 cents weaker at $52.95, while gold miners were again ...

Market to open higher

AAP  |  TUESDAY, 21 JUL 2015
... slated to post full year results. In Australia, the market on Monday edged higher as gains in the financial sector helped to offset weakness among gold miners. The benchmark S&P/ASX200 index gained 16.8 points, or 0.3 per cent, to 5,686.9 points. The ...