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Showing 9501 - 9510 of 11521 results for "DIV"

NAB merges three wealth units

MICHELLE BALTAZAR  |  THURSDAY, 12 MAR 2009
National Australia Bank is combining MLC, nab private wealth and nabInvest under one roof, appointing MLC chief executive Steve Tucker as the new head. In a strategy update to investors today, the bank has announced a restructure of its three previously ...

Market Wrap - Midday

AAP  |  THURSDAY, 12 MAR 2009
The Australian stock market was flat at noon after a morning of fluctuation. At 1200 AEDT, the benchmark S&P/ASX200 index was up 1.8 points, or 0.06 per cent, at 3,246.2 while the broader All Ordinaries index had added 0.4 point, or 0.01 per cent, to ...

iShares adds three

RUTH LIEW  |  THURSDAY, 12 MAR 2009
Barclays Global Investors has introduced three new exchange traded funds (ETFs) covering telco, health and consumer brands to give investors the chance to tap "defensive" investment sectors. According to BGI-owned iShares, the new ETFs lets Australians ...

Savings paradox

BENJAMIN ONG  |  THURSDAY, 12 MAR 2009
Yesterday's strong rally on Wall Street was followed by a flat performance overnight. Is Wall Street catching its breath before taking another jump? Or is it taking a deep breath for diving? Such is the uncertainty created by the current global economic ...

WHK and Macquarie form partnership

RUTH LIEW  |  WEDNESDAY, 11 MAR 2009
WHK Group and Macquarie Private Wealth have entered a strategic partnership - paving the way for Macquarie to become a holder of the planning group within the next five years. According to a joint press statement, the deal will see Macquarie commit ...

GESB seeks more unlisted exposure

RUTH LIEW  |  TUESDAY, 10 MAR 2009
West Australian-based Government Employees Superannuation Fund (GESB) is considering increasing its current asset allocation of 5 per cent into unlisted assets after it was hard hit by the downfall of equities markets. GESB, which had $8.4 billion in ...

KBC blocks water fund

MICHAEL HOBBS  |  MONDAY, 9 MAR 2009
KBC Asset Management's Global Water fund is closed to new money in Australia. Simon Padley, KBC Asset Management head of distribution, said the fund is not accepting new money because the Belgian based asset manager is reviewing some of the group's ...

Planners tune in to ETFs

RUTH LIEW  |  MONDAY, 9 MAR 2009
Over the next decade, exchange traded funds (ETFs) could put management fees of many Aussie fund managers under pressure - marking ETFs as the next boom market for fee-for-service planners. Bruce Baker, director of Queensland-based Puzzle Financial ...

HSBC Premier business up 76 pc

COMPANY RELEASE  |  FRIDAY, 6 MAR 2009
HSBC Australia's personal financial services business grew its local customer base by more than 76 per cent in the past 12 months, but pre-tax profits were down compared to the previous year. The local arm saw pre-tax year-on-year profit up 42 per cent ...

Market Wrap - Midday

AAP  |  FRIDAY, 6 MAR 2009
The Australian share market was trading about 1.5 per cent lower at a five-and-a-half-year low after sharp plunge on Wall Street took US stocks to levels last seen in 1997. At 1200 AEDT, the benchmark S&P/ASX200 index was down 52 points, or 1.63 per ...