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Showing 9791 - 9800 of 11521 results for "DIV"

LGSS buys Batemans Bay shops

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
The NSW Local Government Super Scheme (LGSS) purchased two Batemans Bay based shopping centres worth more than $90 million. Peter Lambert, LGSS chief executive, said the super fund bought the adjacent shopping centres from Stockland for less than the ...

Westpac restructures fin services and tech

MICHELLE BALTAZAR  |  THURSDAY, 17 JUL 2008
Westpac is combining the front-end of its Business Financial Services and Consumer Financial Services divisions and is replacing its existing Business Technology Solutions and Services (BTSS) arm with two new business units. The move to restructure ...

Astarra opens to retail investors

MICHAEL HOBBS  |  THURSDAY, 17 JUL 2008
Astarra Funds Management's balanced, conservative and growth multi manager funds are now available to retail investors for the first time in more than a decade. All three diversified funds have all been ranked in the top quartile over one, three, five ...

Treasury's FUM hit by value managers

MICHAEL HOBBS  |  THURSDAY, 17 JUL 2008
Treasury Group's total funds under management at the end of June dropped more than 13 per cent to $12.4 billion as a result of two value managers suffering significant outflows. Investors Mutual' (IML) funds under management fell more than $1.8 billion ...

IFSA slams proposed default fund

ALEX DUNNIN AND RUTH LIEW  |  WEDNESDAY, 16 JUL 2008
IFSA has shot down a proposal by an APRA principal researcher for the government to set up a single-option indexed national default super fund to receive SG contributions. Richard Gilbert, chief executive of IFSA, is skeptical of research highlighting ...

CFS GAM rides $1bn infra wave

MICHAEL HOBBS  |  WEDNESDAY, 16 JUL 2008
Colonial First State Global Asset Management (CFS GAM) remains bullish on domestic and international unlisted infrastructure assets after attracting approximately $1 billion in new infrastructure mandates in nine months. Although the firm would not ...

OFG banks on bonds and property

RUTH LIEW  |  TUESDAY, 15 JUL 2008
Over Fifty Group (OFG) may be expecting an average loss of $3.66 million this year, but the fund manager is reviving its focus on its Friendly Society and Property Funds Management businesses to steer the firm to calmer waters. In an Australian Securities ...

Bennelong hires BNP as custodian

MICHAEL HOBBS  |  TUESDAY, 15 JUL 2008
Bennelong Funds Management appointed BNP Paribas Securities Services as its master custodian. The firm chose BNP Paribas based on its partnership approach and client service model following a review of a number of other custodians. "Throughout our due ...

Market Wrap - Midday

AAP  |  TUESDAY, 15 JUL 2008
The Australian stock market was over one per cent lower at noon, led by the big banks, after US stocks slipped on lingering concerns about the health of the financial system. Energy stocks and some of the gold miners were bright spots on the market ...

Market Jitters Redux

BENJAMIN ONG  |  TUESDAY, 15 JUL 2008
Market Movers Overnight 15 July "Just when you thought it was safe to get back into the water." This was the movie JAWS 2's tagline back in 1978 and it aptly applies to the global financial markets current predicament. It may not have been a complete ...