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Showing 7091 - 7100 of 7103 results for "June 2011"

Significant increases in agricultural output in 2002: ABS

The Australian Bureau of Statistics (ABS) today released figures showing a record 14% increase to $39 billion in the estimated gross value of agricultural commodities from June 2001 to June 2002. The figure for the corresponding period in 2000-01 was ...

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 ...

ASIC appoints McLaughlins to manage $37 million property schemes

John Fernando McLaughlins Financial Services (McLaughlins) has been appointed by the Federal Court in Melbourne as the temporary responsible entity for 15 managed investment schemes worth approximately $37 million, following an application by the Australian ...

Indexed funds dumped as investors seek to beat benchmark: survey

Paul Cully Falling equity markets have taken their toll on indexed funds, with total funds under management (FUM) dropping by 12 per cent during the December quarter, according to Rainmaker Information's latest survey of Australian investment market. ...

Morningstar puts Maple-Brown Abbott on notice

Paul Cully Morningstar today reaffirmed its five star rating for Maple-Brown Abbott's (MBA) Australian equities management, but warned that it would be closely monitoring the manager for any deterioration in performance in the wake of Robert Maple-Brown's ...

RBA keeps interest rate steady at 4.75%

John Fernando The Reserve Bank of Australia (RBA) has decided to hold the interest rates steady at 4.75% following its monthly board meeting yesterday, causing the dollar to hit three-year highs against the US dollar. The currency move is related to ...

ASIC extends transitional relief period for closed funds to 2010

John Fernando The Australian Securities and Investments Commission (ASIC) today announced that it would extend the period of transitional relief, which would negate costs, burdens and investor protections related to transitional and registration requirements ...

Deakin targets May launch for corporate super product

Paul Cully Deakin Financial Services is targeting a May launch for its entry into the corporate superannuation market, general manager of technical services Dan Parry said today. Parry said that the group was currently negotiating terms with a superannuation ...

Costello cautions supers against overseas equity investments

John Fernando Federal Treasurer Peter Costello today said that he believed that it was "unwise" for superannuation funds to be investing large sums in overseas stocks, citing dramatic losses in global equity prices over the past few years. Speaking ...