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Showing 741 - 750 of 1129 results for "Gross"

Westpac shines with $6.5bn full year profit

JOHN MCDULING  |  WEDNESDAY, 3 NOV 2010
... platforms growing by 8.2 per cent. Insurance cross selling was also strong with a 25 per cent increase in home and contents gross written premiums. In a statement to the ASX, Kelly said that funding costs are expected to remain high. Meanwhile, in a ...

Super funds call for new fee paradigm

JOHN MCDULING  |  THURSDAY, 14 OCT 2010
... Financial Services Council (formerly IFSA) has suspended a policy recommendation requiring retail super funds report returns gross of admin fees or ongoing advice fees/commissions. At present, APRA rules calculate super fund returns net of these fees ...

ASIC tightens noose on managed inv schemes

JOHN MCDULING  |  FRIDAY, 8 OCT 2010
... had proposed that responsible entities (REs) set aside up to $5 million in net tangible assets, or 10 per cent of average gross revenues, to ensure operating costs can be met throughout the life of a scheme, and, in the event of a failure of a responsible ...

Market Wrap - Midday

AAP  |  FRIDAY, 1 OCT 2010
... dipped overnight as investors weighed up further sovereign debt concerns in Europe against better than expected jobs and gross domestic product data from the United States. At 1200 AEST, the benchmark S&P/ASX200 index had climbed 13 points, or 0.28 per ...

The good smoke

BENJAMIN ONG  |  THURSDAY, 30 SEP 2010
... about 60 per cent of the nation's economy, that results in a 0.5 to 1.4 percentage point increase to annualised growth in gross domestic product." And smoking not only boosts economic growth, it'll also bump up the government's coffers. Japan's Finance ...

SSgA ETF targets high yields

RUTH LIEW  |  THURSDAY, 23 SEP 2010
State Street Global Advisors has launched an Australian ETF aimed at investors looking for high yield. SSgA has introduced the SPDR MSCI Australia Select High Dividend Yield ETF, which seeks to provide investors with high and sustainable dividends. ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 1 SEP 2010
... market analyst David Taylor said domestic investors were buoyed by stronger than expected economic growth data. National gross domestic product (GDP) expanded at 1.2 per cent in the June quarter for an annual rate of 3.3 per cent, the Australian Bureau ...

Food security back on the radar

ELISE BURGESS  |  WEDNESDAY, 25 AUG 2010
The news of BHP's recent bid for Potash Corp has brought the issue of investing in food security to the forefront, with CFSGAM, H3 Global and WLM Financial hot on the sector's trail. BHP made a $39 billion hostile bid for Potash Corp, a bid Potash later ...

Challenger back in the black, annuity sales trebles

JOHN MCDULING  |  MONDAY, 23 AUG 2010
... strong profit recovery during the year, buoyed by a record performance from its annuities business and a 22 per cent rise in gross assets under management to almost $24 billion. The group reported results this morning with net profits after tax for the ...

Legg Mason Permal Global Absolute Trust earns high rating

ELISE BURGESS  |  FRIDAY, 20 AUG 2010
... markets and alternative strategies with a focus on global macro investing. According to Legg Mason, the fund aims to produce a gross return of 8 - 10 per cent annualised over a market cycle of three to five years, with a target volatility ranking of ...