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Showing 8571 - 8580 of 10582 results for "BEI"

Future Fund books 4.2pc loss

FUTURE FUND UPDATE  |  FRIDAY, 4 SEP 2009
The Future Fund rode the latest quarter market recovery when it gained 5.1 per cent in the three months to June, but posted a 4.2 per cent loss for the financial year (ex Telstra). The fund's Telstra shares of around two billion gained 4.9 per cent ...

Cavendish launches adviser portal

COMPANY RELEASE  |  FRIDAY, 4 SEP 2009
Self managed super fund (SMSF) service provider, Cavendish Superannuation has released an online portal for advisers that provides fund information, pension statements, trust deeds and amendments. Peter Cocks, national relationships manager at Cavendish ...

How to survive the next market outlier

MICHELLE BALTAZAR  |  THURSDAY, 3 SEP 2009
After the GFC challenged the prevailing wisdom on how low markets can go, AXA's chief investment officer Mark Dutton tells investors how to protect their savings from another market armaggedon. When it comes to investing, Dutton said there are two golden ...

Integrity wins $190m United mandate

RUTH LIEW  |  WEDNESDAY, 2 SEP 2009
United Funds Management has awarded Integrity Investment Management with a $190 million Australian equities mandate following the termination of its deal with MIR. Australian Wealth Management-owned UFM, which had $6.1 billion in funds under management ...

Veritate $1m payment not linked to Sunsuper investment

MICHELLE BALTAZAR, ALEX DUNNIN  |  MONDAY, 31 AUG 2009
An investigation by forensic accountants at Deloitte has found the $1 million payment to Veritate Pty Ltd was not linked to Sunsuper's $100 million investment into the Trinity Property Trust. Following release of the report, Trinity has apologised to ...

Trust in escrow

MICHELLE BALTAZAR  |  MONDAY, 31 AUG 2009
Local instos are busily combing the market for bargain investments following the GFC - but with the threat of counterparty risk looming larger today than in any other point of the current economic cycle, many are snubbing standard contracts in favour ...

Market Wrap - Midday

AAP  |  MONDAY, 31 AUG 2009
The Australian share market was relatively flat at noon as losses in the major miners and other large stocks such as Telstra offset gains in the financial sector. At 1200 AEST, the benchmark S&P/ASX200 was up 4.3 points, or 0.1 per cent, at 4493.9 ...

Macquarie enters China JV

RUTH LIEW  |  FRIDAY, 28 AUG 2009
Macquarie Group has established a trust company joint venture in mainland China - the second JV in less than a week following its recent deal with Middle Eastern investment bank, Gulf Finance House. The Chinese JV, which will be called Sino-Australian ...

Treasury profits down 57pc but positive outlook

MICHAEL HOBBS  |  FRIDAY, 28 AUG 2009
Treasury Group's normalised profit for the past financial year fell by 57 per cent to $7.5 million as funds under management dropped more than 12 per cent to $10 billion. The group's net profit after tax (NPAT) was $4.9 million, a 71 per cent fall during ...

SWFs no longer at arm's length

MICHELLE BALTAZAR  |  THURSDAY, 27 AUG 2009
Sovereign wealth funds will gradually switch from being passive investors to active shareholders, predicts Andrew Rozanov, head of Sovereign Advisory at State Street Global Markets. This year Rozanov co-authored a comprehensive State Street report looking ...