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Showing 9131 - 9140 of 15804 results for "TER"

Super returns dip to 9.0 pct

STAFF WRITER  |  TUESDAY, 4 NOV 2014
The SelectingSuper MySuper (ie Workplace) rolling 12 month performance index fell sharply during September to return 9.0% compared to 11.1% at end July and 10.6% at end June. Three year super fund average annual returns are, however, higher at 11.7% ...

100% steady on the RBA

BENJAMIN ONG  |  TUESDAY, 4 NOV 2014
It's that time of the year again folks, the first Tuesday of November, when the "Race that Stops the Nation' - the Melbourne Cup - meets with the Reserve Bank of Australia's (RBA) monetary policy decision. I have lived in Australia (and Melbourne, at ...

Cbus employees accused of perjury

JAMES FERNYHOUGH  |  MONDAY, 3 NOV 2014
Two Cbus employees have been accused of perjury and the fund's culture has been strongly criticised in a submission by the council assisting the Royal Commission into Trade Union Governance and Corruption. In his submission, council assisting Jeremy ...

The Infrastructure Fund reaches into Europe

MARK SMITH  |  MONDAY, 3 NOV 2014
The Infrastructure Fund (TIF) has taken a 7.5% stake in UK rail freight leasing company Porterbrook Rail Finance. The move is part of the broader investment strategy for TIF, overseen by trustee The Private Capital Group Pty Ltd (TPCG), to create a ...

Westpac director resigns from board

MARK SMITH  |  MONDAY, 3 NOV 2014
Westpac director Ann Pickard will retire from the board after the bank's annual general meeting on 12 December, chairman Lindsay Maxsted announced in a statement. Pickard has been a member of the Westpac Board since December 2011. During her time as ...

Infra posts 18 pct returns

ALEX DUNNIN  |  MONDAY, 3 NOV 2014
Unlisted infrastructure returned 18% post fees in the 12 months to end September, outperforming all other asset classes except for global equities and so demonstrated its countercyclical credentials. The results are contained in a new index released ...

Market Wrap AM

AAP  |  MONDAY, 3 NOV 2014
The Australian market looks set to open slightly higher after Wall Street gained more than one per cent following the Bank of Japan's surprise stimulus announcement ignited a rally on global stock exchanges. At 0818 AEST on Monday, the December share ...

Mercer unveils longevity insurance product

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
Mercer has unveiled its much-anticipated longevity insurance solution, which it has called a 'world-first' and a 'retirement game changer'. Dubbed 'Mercer Lifetime Plus', the product behaves like a lifetime annuity, creating a 'pool of lives' and paying ...

QEnd is here

BENJAMIN ONG  |  THURSDAY, 30 OCT 2014
QE is dead! Long live QE! Well that went well, didn't it Virginia? The death of QE3 caused little stir in the financial markets - the S&P 500 index lost a teenie-weenie 0.1%; yields on 10-year US Treasuries increased by a small 0.02 percentage point ...

Surge in Australian-educated FM professionals heading OS

ALEX DUNNIN  |  WEDNESDAY, 29 OCT 2014
An international study of Australians working in global asset management who were educated at Australian universities has found that more than half are now working for asset management firms outside Australia. The most represented universities among ...