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| | | ... that enthusiasm must be carefully channelled," he said, "Half of a stock's return has consistently been attributable to company-specific factors rather than sector, or country." But all is not lost for the top down approach championed by the likes of ... |
| | | | ... manager with a lifeline. ASIC cancelled Opus Capital's Australian financial services license (AFSL) in August after the company "failed to rectify an ongoing breach of the net tangible assets (NTA) condition of its licence to the Commission's satisfaction" ... |
| | | | ... unexpected outflows relating to funds acquired in its merger last year with BGI. Despite the merger related outflows, the company's AUM rose by more than US$260 billion to finish the quarter just below US$3.5 trillion. Cash management AUM increased for ... |
| | | | ASX-listed company Snowball Group has raised $18 million through the placement of new ordinary shares at 38c per share in two tranches along with the launching of a share purchase plan. The share placement was over-subscribed and involved both new and ... |
| | | | ... "highlight" throughout morning trade. Wesfarmers on Thursday reported first quarter sales up 4.3 per cent, in what the company described as a generally pleasing result. At 1205 AEDT, Wesfarmers was up 94 cents, or 2.85 per cent, at $33.87. "So that's ... |
| | | | ... Street, one of the true global investment management giants, reported third quarter results overnight, with the Boston-based company growing profits compared to both the previous quarter and last year. Assets under management rose to US$1.9 trillion ... |
| | | | ... sales of $343 million for September quarter, up 23 per cent sequentially and up 40 per cent on the preceding year. The company's total assets under management rose 7 per cent on the quarter to $25.5 billion, of which nearly half now sits in the company's ... |
| | | | ... equities fund manager's major concern. The country is at a developing stage and has looser regulations with regards to company reporting than in the developed nations, and it remains a big challenge for fund managers to ensure company information they ... |
| | | | ... prominently in JP Morgan's results overnight, the first of the major US investment houses to report third quarter earnings. The company's asset management division recorded net income of US$420 million, about 10 percent of the group's total, and a near ... |
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