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| | | ... claims will encourage foreign companies to set up headquarters in Australia. The reforms affect the Controlled Foreign Company and Foreign Accumulation Fund rules. Industry commentators have noted that while making Australia more attractive as a global ... |
| | | | ... Second largest was Norway's Government Pension Fund - Global, with US$530.6 billion followed by China's SAFE Investment Company with US$347.1 billion. Globally, sovereign wealth funds have grown their assets under management by 11 per cent to nearly ... |
| | | | ... Management's global listed infrastructure securities fund has secured new $100 million mandates each from a financial services company and a life insurance company. The fund already had $525 million of FUM, around $400 million of which is classed as ... |
| | | | ... Uranium-exposed stocks have plunged again after recovering on Wednesday, with Paladin Energy the worst-performing ASX 100 company, losing 8.38 per cent, or 31 cents, to $3.39. Energy Resources down 68 cents or 8.72 per cent, at $7.12 and Extract Resources ... |
| | | | ... if not all, financial advisory groups already do this. REST currently offers financial advice through financial advice company Money Solutions. Meanwhile, the Financial Planning Association (FPA) said it supports any actions by the government and ASIC ... |
| | | | ... Gavin, senior consultant and head of property research at Frontier and Stephen Hiscock, managing director, SG Hiscock & Company, agreed that while REITs were a 'legitimate investment' once again, the gearing must be appropriate. "In unlisted we tend ... |
| | | | ... Superannuation Fund, said its catastrophe bond exposures are not considered likely to be triggered by the earthquake, and the company would remain invested in catastrophe bonds. "As you'd expect all of our investments are under regular review as a matter ... |
| | | | Trustee services provider Trust Company has acquired the New Zealand-based Guardian Trust Company, a move that adds a hefty $48 billion-plus to its total asset base. John Atkin, chief executive of The Trust Company, said he was very happy with the purchase ... |
| | | | ... and tsunami in Japan are leading to a broad sell-off in the stock market. On Wall Street overnight, nine out of the 10 company groups that make up the Standard and Poor's 500 index fell on Monday. Utilities companies lost 1.4 per cent, the most of any ... |
| | | | ... 'an additional recurring revenue arm to the business'. Countplus, owned by ASX-listed Count Financial, is the holding company of 18 established accounting and financial services businesses across Australia, a number of which have made similar 'tuck in' ... |
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