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Showing 9961 - 9970 of 10710 results for "May 2012"

Daily economic update: Consumer confidence rebounds

The Westpac/Melbourne Institute index of consumer sentiment has rebounded sharply, rising by 9 per cent in November. This partially recoupes the 1.6 per cent and 13.4 per cent fall registered in October and September. Stable domestic interest rates ...

Alleron wins big mandate from UFM

Boutique Australian equity specialist Alleron Investment Management has won a big mandate from multi-manager United Funds Management (UFM). Barry Littler, Alleron chief executive officer, said when announcing mandate that the win recognises their high ...

Yes you can predict top performing funds, almost

Research just released by Rainmaker and SelectingSuper reveals that choosing super funds based upon long term returns may not be as heretical as it seems. In their latest Benchmarking report they report that provided you focus on long term return rankings ...

Survey reveals ICs matching the benchmark

The September quarter results for the Counterpoint/Rainmaker implemented consulting (IC) survey reveal ICs are yet to show any noticeable outperformance over single-managers. Counterpoint's John Parrish said the survey results underpin the idea that ...

Virgin in bed with big Macq

Virgin Money Australia inches closer to its goal of becoming a top player in retail financial services after Macquarie Bank bought a 10 percent stake in the business and offered to bankroll new Virgin Money products. Macquarie Bank has said that it ...

Mercer to screen managers against ESG

Mercer Investment Consulting (Mercer IC) has started reviewing fund managers regarding how actively they exercise 'active ownership' principles such as exercising proxy voting and participating in constructive shareholder engagement. Mercer IC has taken ...

Interest rates stay steady

The Reserve Bank of Australia (RBA) kept interest rates steady following its 1 November Board meeting. The central bank does not issue an accompanying statement when it leaves monetary policy unchanged. The official cash rate has remained at 5.5 per ...

APRA doubles enforcements since 2004

APRA's 2005 annual report confirms the regulator is more aggressive than ever after doubling its enforcement activity during the last year. The report details that the 559 enforcements against superannuation funds is up from just 227 in the previous ...

AGL restructures to ride the infrastructure wave

The Australian Gas Light Company (AGL) is riding the wave of demand for income generating infrastructure investments by announcing an overhaul of how it bundles its infrastructure operations. The announcement come on the back of a flurry of interest ...

Industry funds hit back at FPA ad campaign

Industry Funds have been stung by claims they don't offer advice and have come out fighting against the new Financial Planning Association (FPA) advertising campaign. A statement released by Garry Weaven, Executive Chair of Industry Funds Services says ...