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| | | ... stomach-churning time for many companies, Australian Unity not least one of them. But unlike many of its peers, which dived into the red this year, the group managed to keep their toes on the level, with after-tax profits at $32.3 million for the year ... |
| | | | ... tight. The benchmark Dow Jones Industrials Average was down more than 200 points in early trading, but ended up just into the red. The Dow fell 19.59 points, or 0.18 per cent, to 10,831.07, while the broader S&P500 slipped 5.3 points, or 0.45 per cent ... |
| | | | ... local equities over the next three months. Casting their eye on the local economy, investor sentiment seems to remain in the red - with an average rating of 2.3 in the 5-point CoreData index. "It [is] the second lowest rating since 2005, and does not ... |
| | | | Zurich Investments Equity Income Fund attained the highest Standard & Poor's rating of 'five stars'. The fund was previously rated 'four stars'. Christian Baylis, Standard & Poor's analyst, said the rating reflected the firm's belief that the investment ... |
| | | | The Australian stock market had moved into the red by noon, dragged lower by the big miners and most of the major banks, while the local market digested news of the agreement reached in the US on the Wall Street bailout. At 1217 AEST, the benchmark ... |
| | | | Perpetual has bought self-managed super fund administration provider smartsuper for $16 million after a year of negotiations - making the firm an early mover in a sector with little 'fund manager' penetration to date. Perpetual group executive - structured ... |
| | | | Four funds have been struck off Standard & Poor's "On Hold" list after reassuring the ratings house they are fully capable of executing their mandates despite ASIC's shorting ban. S&P removed its "On Hold" ratings for the Advance Global Alpha Fund ... |
| | | | ... the firm's office there early next year. Prior to joining The Cambridge Strategy, Edstein was a senior portfolio manager for Red Centre Capital, an Asian Macro Fund. From 1995 to 2005, she worked for HSBC in Hong Kong in various roles including senior ... |
| | | | In reviewing the appropriate pension payment level, the government must decide if the fundamental purpose of the age pension is to reduce poverty or to replace income, argues the Institute of Actuaries (IA) in a new discussion paper. The paper, New ... |
| | | | Messaging platform giant SWIFT has inked a deal with some of the largest insurers and reinsurers in the world that will enable insurers, brokers and reinsurers move from paper-based admin processing to an automated format using a standardised industry ... |
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