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Showing 7541 - 7550 of 10707 results for "May 2012"

Time to call it quits - again

BENJAMIN ONG  |  MONDAY, 27 JUN 2011
Brace yourself people! We might be in for another rough one this week. Gauging from the S&P 500's 1.2 per cent fall on Friday last week, hang on to your hat Australia. This was reportedly triggered by massive falls in the share price of UniCredit -- ...

Big Benny and little Greece

BENJAMIN ONG  |  FRIDAY, 24 JUN 2011
Fresh events and reports released overnight really did not add to what we already know. We already know that Greece will be bailed out for a default because its exit from the Eurozone would trigger a game of "who's next?" Small and insignificant Greece ...

Perpetual transitions team around Sevior

ELISE BURGESS  |  THURSDAY, 23 JUN 2011
Soon-to-depart star fund manager, John Sevior, may not return to his original role but instead could explore new boutique fund options within the Perpetual organisation, upon his anticipated return from long service leave. Sevior, who manages 33% of ...

Super heavyweights join forces

ELISE BURGESS  |  WEDNESDAY, 22 JUN 2011
Superannuation associations are joining forces to send the Treasury a proposal to remove plans to introduce the proposed $500,000 balance threshold for individuals over age 50. Association of Superannuation Funds of Australia (ASFA), Self-managed Super ...

PIF Action Group lands Federal Court win

ELISE BURGESS  |  TUESDAY, 21 JUN 2011
The Federal Court has sided with the Premium Income Fund Action Group (PIFAG) against Brisbane-based Wellington Capital Limited, finding Wellington breached corporations law in its role as management and trustee for the Premium Income Fund. Yesterday ...

Korea and Taiwan may move to developed status

ALISON BEVEGE  |  TUESDAY, 21 JUN 2011
Fund managers may need to re-balance their investment weightings after tomorrow when global index provider MSCI announces whether it will upgrade South Korea and Taiwan from emerging market to developed market status. The move has been under discussion ...

Deposits may shield Aussie banks from Greek debt crisis fallout

ALISON BEVEGE  |  TUESDAY, 21 JUN 2011
The Greek debt crisis is increasing the cost of funding for Australia's Big Four banks, but credit market experts say rising deposit rates are counteracting the threat. As the sovereign debt crisis in Europe continues to drag on with a 12 billion Euro ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 JUN 2011
The Australian stock market has received a mostly positive lead from offshore trading, after Wall Street closed higher and gold, silver and oil prices settled firmer. But copper and prices finished lower. At 0800 AEST, the September share price index ...

Count says advisers worried about IOOF offer

ALISON BEVEGE  |  MONDAY, 20 JUN 2011
Independent financial advisers may have an issue with institutional ownership under the proposed IOOF takeover of DKN Financial Group, a major shareholder of the takeover target said today. Count Financial chief executive Andrew Gale said regulatory ...

The road to ruin

BENJAMIN ONG  |  MONDAY, 20 JUN 2011
In case you missed it, former US Federal Reserve Alan 'el maestro' Greenspan has just declared Greece dead - well, almost. No way out. In an interview with Bloomberg TV, Greenspan declared that the "chances of Greece not defaulting are very ...