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Showing 8761 - 8770 of 20558 results for "BEN"

ZIRP to bring back "animal spirits"?

BENJAMIN ONG  |  FRIDAY, 26 FEB 2016
Actual total private new capital expenditures may have surprised on the upside, rising by 0.8% in the three months ended December 2015 when they were expected to drop by 3.0% but... they're still not a pretty set of numbers. Uglier still, according ...

Monash launches absolute return LIC

ALEX BURKE  |  THURSDAY, 25 FEB 2016
Monash Investors has launched an Australian equities absolute return listed invested company. In response to demand from retail investors, The Monash Absolute Investment Company will have a similar portfolio to Monash's long short Monash Absolute Investment ...

Challenger unveils new technical services scholarship

MARK SMITH  |  THURSDAY, 25 FEB 2016
Challenger has revealed details of its new scholarship program to support the company's commitment to continuing education for financial services and advice professionals. The scholarship program offers two comprehensive courses: Aged Care Planning ...

Australian wages grow slowest on record but real is better

BENJAMIN ONG  |  THURSDAY, 25 FEB 2016
The Australian Bureau of Statistics' (ABS) latest update on wages may have disappointed expectations but also confirmed what workers have been experiencing all along. The Wage Price Index - total hourly rates of pay excluding bonuses - grew by 2.2% ...

Unconstrained bond funds disappoint in 2015

MARK SMITH  |  WEDNESDAY, 24 FEB 2016
Many unconstrained bond funds failed to meet their benchmarks in 2015, according to research by Lonsec, reflecting a broader struggle for returns as volatility and bearish sentiment seized markets in the second half of the year. Unconstrained funds ...

Australian Unity sees steady profit growth

ALEX BURKE  |  WEDNESDAY, 24 FEB 2016
Australian Unity has reported an 18.2% rise in net profit to $14.2 million in its interim 2016 financial results. This result stems from growth in all underlying Australian Unity businesses, with the fastest-growing channel being Australian Unity Personal ...

IOOF boosts interim profit

ALEX BURKE  |  WEDNESDAY, 24 FEB 2016
IOOF has announced its interim results for 2016, demonstrating an underlying net profit boost of 18% to $95.4 million. IOOF's statement cited some of the drivers of this as being the successful integration of Shadforth, which resulted in $11 million ...

PIMCO appoints new MD

ALEX BURKE  |  WEDNESDAY, 24 FEB 2016
PIMCO has appointed a managing director and head of client analytics. Jamil Baz joins PIMCO from Man GLG Partners, where he was a senior managing director and chief investment strategist. He previously worked at PIMCO in 2007 as a portfolio manager. ...

Consumer (un)confidence

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2016
"Consumers' short-term outlook grew more pessimistic, with consumers expressing greater apprehension about business conditions, their personal financial situation, and to a lesser degree, labor market prospects. Continued turmoil in the financial markets ...

Super hits $2 trillion

MARK SMITH  |  TUESDAY, 23 FEB 2016
The latest quarterly statistics from the Australian Prudential Regulation Authority (APRA) show that super assets increased 6.1% to $2.0 trillion in the 12 months to 31 December. Of this number, $1.26 trillion are APRA-regulated fund assets with the ...