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Showing 9311 - 9320 of 11521 results for "DIV"

Challenger returns to core

MICHAEL HOBBS  |  MONDAY, 24 AUG 2009
Challenger Financial Services has posted full year net profit after tax (NPAT) of $219 million, up 1 per cent versus last year on funds under management (FUM) down 27 per cent to $16 billion. The group said at the results presentation this morning that ...

Future Fund offloads Telstra shares

COMPANY RELEASE  |  FRIDAY, 21 AUG 2009
The $58 billion Future Fund has sold 684.4 million Telstra shares or 34 per cent of its Telstra holdings to institutional investors. The Future Fund sold the shares at a price of $3.47 (gross proceeds $2.37 billion) through an underwritten sale to the ...

Macquarie buys Delaware Investments

RUTH LIEW  |  THURSDAY, 20 AUG 2009
Macquarie Group has entered into an agreement to buy Delaware Investments for $516 million - a move that deepens Macquarie's footprint in North America and adds a further $150 billion into its assets under management. Philadelphia-based Delaware currently ...

Perpetual poised to gain market share

MICHELLE BALTAZAR  |  WEDNESDAY, 19 AUG 2009
Perpetual outlines its strategies designed to make its products and services more appealing to investors as sentiment towards equities turn more positive and the "dash to cash" comes to an end. Speaking at the company's full year results presentation ...

Van Eyk resigns as executive chair

MICHAEL HOBBS  |  WEDNESDAY, 19 AUG 2009
Stephen van Eyk, founding director of the company named after him, van Eyk Research, has resigned as executive chair. A statement from the firm said van Eyk resigned for personal reasons. He remains a significant shareholder in the company and will ...

HSBC wins AMP Capital mandate

COMPANY RELEASE  |  WEDNESDAY, 19 AUG 2009
HSBC-owned quant manager Sinopia has won a mandate to provide global passive inflation-linked bonds to AMP Capital's Future Directions Diversified Funds. As the specialist quantitative asset management arm of HSBC Global Asset Management, Sinopia manages ...

Market Wrap - Midday

AAP  |  TUESDAY, 18 AUG 2009
The Australian sharemarket was in the red at noon with the mining sector weighing on the local bourse and following a weak lead from Wall Street. At 1200 AEST, the benchmark S&P/ASX200 was down 7.4 points, or 0.17 per cent, at 4381, while the broader ...

Challenger to ramp up life and funds mgmt after mortgage sale

MICHELLE BALTAZAR  |  TUESDAY, 18 AUG 2009
Challenger Financial Services said it intends to focus its resources on its life and funds management businesses following the sale of its mortgage management division to NAB for $385 million. This morning NAB and Challenger confirmed newspaper reports ...

BlackRock tops diversified funds review

COMPANY RELEASE  |  TUESDAY, 18 AUG 2009
BlackRock Investment Management is the only fund manager to receive a 'highly recommended' rating from Lonsec in its diversified funds sector review. Deanne Fuller, investment analyst at Lonsec, said the fund manager's rating was upgraded from last ...

Market Wrap - Morning

AAP  |  TUESDAY, 18 AUG 2009
The Australian sharemarket is expected to open lower after Wall Street fell more than two per cent overnight. At 0711 AEST on the Sydney Futures Exchange, the September share price index contract was 45 points lower at 4317. In economic news on Tuesday ...