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Showing 9231 - 9240 of 14214 results for "Interest"

Shareholder backlash hits Macquarie MGU

MELANIE TIMBRELL | TUESDAY, 5 JUN 2012

... expense of the fund's long-term stockholders. MGU's management and its Board will continue to manage the fund in the interest of all stockholders," said a statement issued by Macquarie. "MGU notes that, since the Global Financial Crisis, the Fund's discount ...

Market Wrap

AAP | TUESDAY, 5 JUN 2012

... opened slightly higher, with most sectors posting gains as investors await the Reserve Bank of Australia's (RBA) latest interest rate decision. At 1010 AEST on Tuesday, the benchmark S&P/ASX200 index was up 49.3 points, or 1.24 per cent, at 4,034.3 ...

Still a guessing game

BENJAMIN ONG | TUESDAY, 5 JUN 2012

... have two choices to make. Unlike the RBA which today will be in the spotlight. It's got to decide on three options. Cut interest rates by 50 basis points. The non-mining economy certainly needs it and the current turmoil in the financial markets dictates ...

Market Wrap - Morning

AAP | TUESDAY, 5 JUN 2012

... 4,017. In economic news on Tuesday, the Reserve Bank of Australia holds its monthly board meeting and makes its official interest rate decision. Also, the Australian Bureau of Statistics (ABS) releases the balance of payments and international investment ...

SuperStream levy unclear

MELANIE TIMBRELL | MONDAY, 4 JUN 2012

The Financial Services Council has raised concerns on the expenditure of monies levied on the industry to pay for SuperStream and the manner in which they are to be raised. Speaking at public hearings of the Parliamentary Joint Committee Inquiry into ...

Bennelong names new CFO

LINDA HAUSKEN | MONDAY, 4 JUN 2012

Bennelong Funds Management has appointed Jeff Phillips as its new chief financial officer, commencing 12 June. Phillips will assume responsibility for the finance, reporting, compliance and product management functions throughout Bennelong and its suite ...

AXA IM launches corporate bond strategies

BEN COLLINS | MONDAY, 4 JUN 2012

... more attractive risk/return profile than that offered by passive index tracking strategies. "We have seen significant interest from institutional investors and their consultants, who want a more intelligent and pragmatic approach to capture the market ...

APRA: Third line of defence in Trio-style fraud

BEN COLLINS | FRIDAY, 1 JUN 2012

... trustee governance. "There will be a new obligation that trustees must act in the members' best interests when conflicts of interest arise and there will be enhanced governance measures."

Advice frameworks need an overhaul

MELANIE TIMBRELL | FRIDAY, 1 JUN 2012

... change the way advice is given and then make sure there are appropriate tools to service that." "All the issues about best interest then begin to come into play."

Market Wrap

AAP | FRIDAY, 1 JUN 2012

... the top 50 stocks have been hit a lot harder than the top 200 stocks," he said. "That's a sign of short-term trading interest - (traders) positioning themselves in the highly liquid stocks." Weaker materials stocks also dragged the market lower ahead ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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