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Showing 81 - 90 of 100+ results for John McDuling

APRA puts spotlight on super

JOHN MCDULING  |  THURSDAY, 4 NOV 2010
APRA's latest annual report sheds light on some of the challenges facing the superannuation industry, including liquidity management and the valuation of unlisted assets. The regulator said liquidity management remains a lingering problem for many super ...

Workers to wear SG rise: Shorten

JOHN MCDULING  |  THURSDAY, 4 NOV 2010
Superannuation minister Bill Shorten has put himself and the government on a collision course with the union movement following repeated statements that the SG increase will not be funded by employers but by employees. Speaking yesterday at the OECD/IOPS ...

Macquarie head of listed property departs

JOHN MCDULING  |  WEDNESDAY, 3 NOV 2010
David Kivell, Macquarie's head of listed property, is leaving the company, Financial Standard can reveal. Sources told Financial Standard that Kivil is set to retire at the end of the year. It is understood that Macquarie will not seek a replacement ...

Westfield announces restructuring, to launch new A-REIT

JOHN MCDULING  |  WEDNESDAY, 3 NOV 2010
Westfield announced plans this morning to spin a significant proportion of its local assets into the new Westfield Retail Trust, which it expects will be one of the three largest real estate investment trusts (REIT) in the Australian market. The new ...

Westpac shines with $6.5bn full year profit

JOHN MCDULING  |  WEDNESDAY, 3 NOV 2010
Westpac has outshone its big four banking rivals, announcing full year net profits of $6.5 billion this morning, up a staggering 84 per cent on last year's result, with BT Financial Group one of its best performing business units. Westpac's cash earnings ...

AIA raises US$20.5bn in IPO

JOHN MCDULING  |  TUESDAY, 2 NOV 2010
AIA's long awaited IPO was a resounding success last week, with US$20.5 billion raised in the share sale to retail and insititutional investors, making it the third largest IPO in history, and the largest ever for the Hong Kong market. Investors scrambled ...

Unitholders approve Challenger mortgage fund restructure

JOHN MCDULING  |  TUESDAY, 2 NOV 2010
The Challenger Howard Mortgage Fund's 80,000 unitholders have overwhelmingly supported proposals to restructure the fund, the company said in a statement today. Challenger said that 94 per cent of retail investors and 100 per cent of wholesale investors ...

Future Fund adjusts long term asset allocation strategy

JOHN MCDULING  |  MONDAY, 1 NOV 2010
The Future Fund's annual report released last Friday shed some light on how the fund uses its voting rights and why it has made changes to its its asset allocation strategy. In its annual report, the fund disclosed that since September '09, it had been ...

More defensive products hit marketplace

JOHN MCDULING  |  MONDAY, 1 NOV 2010
The launch of defensive, income-generating strategies continues to gather steam as product manufacturers look to tap into the sentiment of risk-averse investors. Russell Investments has unveiled two income-based multi-manager funds in response to increasing ...

Macquarie beats expectations with interim results

JOHN MCDULING  |  FRIDAY, 29 OCT 2010
Macquarie Group posted half year net profits of $403 million this morning, a fall of 16 per cent on the prior half and 29 per cent on the prior year, but stronger than its previously issued guidance and market expectations. Macquarie Funds Group, the ...