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Showing 8821 - 8830 of 15804 results for "TER"

Macquarie profit beats forecast

MARK SMITH  |  FRIDAY, 8 MAY 2015
Macquarie Group has seen its net profit after tax rise 27% to $1.604 billion for the full year to 31 March and assets under management jump 14%, beating forecasts. Profit for the second half of the year was $926 million, up 37% on the first half. The ...

QIC extends partnership with Northern Trust

DARREN SNYDER  |  FRIDAY, 8 MAY 2015
Australian institutional fund manager QIC recently appointed Northern Trust to provide global custody, fund accounting, taxation and associated services for its range of Australian fund products. The appointment follows Northern Trust's commitment to ...

Banking and super groups back parliamentary recommendations

DARREN SNYDER  |  FRIDAY, 8 MAY 2015
Representative groups from the banking and superannuation sectors have generally backed recommendations on lifting professional, ethical and education standards in the financial services industry. Public responses to a Parliamentary Joint Committee ...

PROFILE: PGI chief executive Grant Forster

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
Principal Global Investors (PGI) chief executive Grant Forster's first job at a Woolworths supermarket was hard work. He remembers long eight-hour shifts packing fridges, stacking shelves and assisting customers. "It taught me it was an area I didn't ...

Market Wrap AM

AAP  |  FRIDAY, 8 MAY 2015
The Australian market looks set to open a touch lower, as gains on Wall Street offset losses in the local market on Thursday. At 0648 AEST on Friday, the June share price index futures contract was down two points at 5,615. US stocks have pushed higher ...

Terminally ill granted early access to super

LAURA MILLAN  |  THURSDAY, 7 MAY 2015
People suffering a terminal illness will be granted early access to their superannuation savings if they have less than two years to live. The government will amend the provision for early access to superannuation in such cases, following consultation ...

Don't overlook culture and discipline: MFS

MARK SMITH  |  THURSDAY, 7 MAY 2015
A strong corporate culture and the discipline to soft-close funds before they are hurt by their size are too often overlooked by fund managers, according to MFS Investment management global equity chief investment officer Kevin Beatty. The Boston-based ...

CML launches $25m corporate bond issue

LAURA MILLAN  |  THURSDAY, 7 MAY 2015
Finance and employment services company CML group has launched a $25 million unrated bond issue targeting private investors, self-managed super funds (SMSFs) and advisers. The corporate bond issue is arranged by FIIG Securities and has a minimum initial ...

ASIC cancels Sydney broker licence

ALEX BURKE  |  THURSDAY, 7 MAY 2015
ASIC has banned a Sydney broker for three years after it found she had been operating outside the bounds of her credit licence. Under the licence's terms, Siv Lim, working as an independent contractor for Audi Parramatta, was not permitted to assist ...

Bond bears out of hibernation

BENJAMIN ONG  |  THURSDAY, 7 MAY 2015
If even a dog can have his day, why not bears? Can't blame 'em Virginia, it's May after all - that month of the year when you, I and Irene are supposed to "sell and go away". But, but... but it may be more than the seasonality this May that's' taking ...