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| | | The Australian share market was marginally higher at noon, led by BHP Billiton and Fortescue Metals, as investors question whether equities will rise at the pace of recent months. At 1200 AEST, the benchmark S&P/ASX200 was up nine points, or 0.23 per ... |
| | | | Treasury Asia Asset Management (TAAM), RARE Infrastructure and Orion Asset Management have received inflows in the past month after a seven-month dry spell, suggesting some instos are dripfeeding capital back into boutiques. "Clients were frozen for ... |
| | | | Platinum International fund, the largest global equities fund in Australia with more than $7.6 billion in FUM, ranks as one of the top three performers in global equities in the year to April, but Platinum chief investment officer Kerr Neilson, still ... |
| | | | Maritime Super may be able to save more than $1 million in administrative costs as a result of the merger in March, according to initial estimates. Peter Robertson, chief executive at Maritime Super, said the merger between the Stevedoring Employees ... |
| | | | ... institutional investors continue to back the $1.3 billion Treasury Asia Asset Management's investment strategies with mandate top-ups since June last year. TAAM chief investment officer Peter Sartori said institutional investors are increasingly recognising ... |
| | | | ... improve its products by bringing Credit Suisse's top down approach into the funds. Meanwhile, several new appointment line-ups following today's announcement have been revealed. Six fixed income professionals, including portfolio managers Victor Rodriguez ... |
| | | | In a forerunner to what might happen in next month's Federal Budget, the UK government has slashed retirement savings tax rebates for people earning more than A$300,000. The reforms are part of a widely criticised budget that takes the UK deficit to ... |
| | | | ... directed towards high income earners. Government going cold on the idea to boost age pensions, or to at least limit the top ups, reinforce the importance of superannuation as the preferred retirement savings vehicle despite the buffetting super has received ... |
| | | | ... bank stocks including JPMorgan Chase, Bank of America and Wells Fargo. Poor results from other companies however, such as UPS and steelmaker Nucor, signaled trouble. Economic data was downbeat, too. Sales of existing homes fell three per cent in March ... |
| | | | Advice businesses shifting from commissions to fee-for-service experience revenue drops but not as substantial as expected. Updated research from Elixir Consulting has found that businesses that charge a set dollar fee for their ongoing advice did not ... |
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