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Showing 791 - 800 of 1787 results for "strength."

Financial services industry unites for marriage equality

LAURA MILLAN  |  FRIDAY, 7 AUG 2015
Australia's financial services businesses have put rivalries aside and got ahead of politics in a country-wide campaign to support marriage equality. A total of 562 organisations, among which are Australia's top financial services businesses, have signed ...

Long term super fund returns approach record levels

STAFF WRITER  |  FRIDAY, 7 AUG 2015
SelectingSuper has released its final MySuper performance index for 2014/15 confirming that while fund returns dipped below double digit to 9.5% due the 4% fall in equity markets in June, three and five year returns are approaching record high levels. ...

Legg Mason and RARE ink $200m deal

DARREN SNYDER  |  THURSDAY, 30 JUL 2015
Treasury Group and Northern Lights has sold a majority interest in RARE infrastructure to asset manager Legg Mason for $200 million. The sale is expected to generate upfront cash proceeds of $112 million, and after tax proceeds will be used to repay ...

Capital Group elects new chair

MARK SMITH  |  WEDNESDAY, 29 JUL 2015
Capital Group has elected its new chair following the passing of Jim Rothenberg. Current chair of the company's management committee, Tim Armour, was selected by the investment manager's board of directors. Armour, who is also chair of the group's capital ...

A$ down but would it stay down?

BENJAMIN ONG  |  MONDAY, 20 JUL 2015
Here we go, here we go, here we go... The dollar-A is back in the news again. For it's fallen below US74Ac at the close of trading last week and early morning exchanging shows the dollar-A is currently holding that level at US US73.71Ac Can't help but ...

Mercer appoints new custodian

ALEX BURKE  |  MONDAY, 13 JUL 2015
Mercer has appointed Northern Trust Company (NTC) as custodian for its $25 billion in investment and superannuation assets. NTC was selected "following an extensive and competitive tender process," according to Mercer's statement. "NTC was appointed ...

Banks need to increase capital ratios: APRA

DARREN SNYDER  |  MONDAY, 13 JUL 2015
The Australian Prudential Regulation Authority (APRA) believes the country's major banks will need to increase capital adequacy ratios by at least 200 basis points to be comfortably positioned in the top quartile of international peers. In response ...

Market to open lower

AAP  |  FRIDAY, 10 JUL 2015
The Australian market looks set to open lower, after Wall Street rose following strong gains in Asian and European equity markets. At 0808 AEST on Friday, the September share price index futures contract was down 21 points at 5,387. In local economic ...

AustralianSuper posts double digit returns

DARREN SNYDER  |  TUESDAY, 7 JUL 2015
AustralianSuper's balanced investment option recorded its third year of double digit returns during 2014-15, reflecting the benefits of an increased focus on active and internal management of assets. After taxes and fees the AustralianSuper balanced ...

LGS and Intrust Super appoint J.P. Morgan as custodian

DARREN SNYDER  |  WEDNESDAY, 1 JUL 2015
A rapidly evolving investment climate has formed a major part in both Local Government Super (LGS) and Intrust Super reappointing J.P. Morgan to provide custodial services. LGS chief executive, Peter Lambert, said LGS was seeking a custody partner that ...