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Showing 761 - 770 of 1129 results for "Gross"

Market Wrap - Morning

AAP  |  MONDAY, 28 JUN 2010
... desk to be signed. On the economic front, the Commerce Department revised lower its estimate of first-quarter growth in gross domestic product, a broad measure of the country's output, to 2.7 per cent. The third and final estimate was the second downward ...

AXA sells UK life and savings business

MICHAEL HOBBS  |  FRIDAY, 25 JUN 2010
... has a pro forma market consistent embedded value (MCEV) of $5.9 billion and approximately $91 billion of financial assets. Gross value of new business is $63 million. The deal is part of Resolution's UK Life Project and provides the firm with greater ...

Allegro unveils second PE fund

COMPANY RELEASE  |  TUESDAY, 22 JUN 2010
... to replace the previous fund manager, ABN AMRO Capital Australia. Since Allegro's appointment, the fund has generated a gross internal rate of return of over 50 per cent per annum, through volatile economic conditions. Allegro Fund II will invest in ...

Lessons from US pension funds in crisis

MICHELLE BALTAZAR  |  MONDAY, 21 JUN 2010
... states' publicly traded debt of US$0.94 trillion," noted the report. Relative to the state's total annual tax revenues and Gross State Product, Ohio tops the list of pension funds with a high risk of going bust. That is, thee state would need to devote ...

Northern Trust wins $1.8bn custody mandate

COMPANY RELEASE  |  TUESDAY, 15 JUN 2010
... reinsurance business in the US through Lloyd's syndicates and Beazley Insurance Company. Last year, the insurance firm underwrote gross insurance premiums of $1.8 billion. Richard Kelley, financial controller at Beazley, said the firm appointed Northern ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 2 JUN 2010
... Bill Chatterton, said the market saw a turnaround at about 1130 AEST, when the Australian Bureau of Statistics released gross domestic product (GDP) figures for the March quarter. GDP rose by a seasonally adjusted 0.5 per cent in the March quarter, compared ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 2 JUN 2010
... points. In economic news on Wednesday, the Australian Bureau of Statistics releases national accounts figures, including gross domestic product for the March quarter. In equities news, Rusina Mining NL holds a shareholder meeting on its proposed merger ...

On caution's side

BENJAMIN ONG  |  TUESDAY, 1 JUN 2010
... May alone. Not because economic fundamentals in Australia are shoddy: The unemployment rate was at 5.4 per cent in April, gross company operating profits increased by 3.9 per cent in the first quarter - the biggest in one and a half years; and, business ...

Fund fees not coming down: Cooper

MICHELLE BALTAZAR  |  THURSDAY, 27 MAY 2010
... and Financial Services Association (IFSA) proposed that retail super funds revert back to reporting performance figures gross of any ongoing and advice fees. IFSA argued the change will allow consumers to better compare retail and industry funds.

TOWER inforce premiums rise 33pc

MICHAEL HOBBS  |  THURSDAY, 27 MAY 2010
... the firm has also developed a member online service platform for the super fund. The mandate contributed $45 million of gross premium revenues for the five months to March this year. The firm said introducing a default income protection would increase ...