Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 8431 - 8440 of 10709 results for "May 2012"

Push for redemption freeze lifts: PASL

COMPANY RELEASE  |  WEDNESDAY, 15 JUL 2009
Super fund trustees should not be afraid to challenge redemption freezes and question the validity of the Responsible Entity model if it's in their members' interests, said Professional Associations Superannuation Fund (PASL). PASL made the comments ...

Positive surprise beats Meredith's surprise

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2009
And it's off...and they're running. The second quarter US earnings reporting season is off...and so far, company results are running ahead of expectations. Wall Street continued to travel night while we were sleeping. The S&P 500 closed 0.5 per cent ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 15 JUL 2009
The Australian sharemarket is expected to open higher following another day of gains on Wall Street after a stronger than expected profit result from finance giant Goldman Sachs. At 0730 AEST on the Sydney Futures Exchange, the September share price ...

UniSuper activates fair value clause

RUTH LIEW  |  TUESDAY, 14 JUL 2009
The $21 billion UniSuper has initiated a clause that allows trustees to reduce defined benefit members' benefits - if necessary - following the GFC to provide fair value payments. UniSuper announced online on 7 July that it had decided to initiate "Clause ...

The times they are a'changin

BENJAMIN ONG  |  MONDAY, 13 JUL 2009
"It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness; it was the epoch of belief, it was the epoch of incredulity; it was the season of Light, it was the season of Darkness; it was the spring ...

Market Wrap - Morning

AAP  |  MONDAY, 13 JUL 2009
The Australian sharemarket is likely to open relatively flat following small falls in overseas markets and largely unchanged commodities prices. At 0720 AEST on the Sydney Futures Exchange, the September share price index contract was three points higher ...

Austock closes high yield fund

PRESS RELEASE  |  FRIDAY, 10 JUL 2009
Austock Asset Management has been forced to close the High Yield fund after a flurry of redemption requests from investors. The firm told Standard & Poor's it was closing the fund after a recent rise in redemption requests had increased the fund's exposure ...

Market Wrap - Midday

AAP  |  FRIDAY, 10 JUL 2009
The Australian sharemarket is likely to open higher following mild gains on Wall Street overnight and higher commodity prices. At 0710 AEST on the Sydney Futures Exchange, the September share price index contract was 13 points higher at 3,748. In economic ...

Investors shift more money outside super

RUTH LIEW  |  WEDNESDAY, 8 JUL 2009
The increasing number of government reviews and recent Federal Budget changes to super have prompted clients to boost investments outside of super to fund their retirement, said Centric Wealth advisers. According to Anne-Marie Esler, technical services ...

Platypus calls for time out

RUTH LIEW  |  WEDNESDAY, 8 JUL 2009
Platypus Capital Management is closing shop and liquidating two of its flagship products because the firm "is not at a viable size in the industry as it currently exists". According to an email by Chris Talbot, one of the partners of Platypus, the boutique ...