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| | | The financial services and insurance industries contribute more to percentage growth in the Australian economy than mining and natural resources, according to CommSec's Craig James. Sensing that delegates at the annual Association of Financial Advisers ... |
| | | | The exponential growth in self managed super funds is turning them into one of the most attractive sectors of the investment market, this time attracting the interest of mortgage brokers who are being told they should target the sector. Doug Lee, head ... |
| | | | Most China corporations expect one in three of all Chinese trades to be done in Renminbi by 2015, said a survey by HSBC. HSBC also found that 30% (of China businesses) plan to use RMB for investment-related purposes in the next 12 months. Half of all ... |
| | | | ANZ chief executive Mike Smith was upbeat about the bank's record $6 billion profit at yesterday's annual result announcement and said the company would target further growth in Asia with acquisitions likely to follow. Smith described the 6% rise in ... |
| | | | Vanguard has introduced a new low cost Exchange Traded Fund range with the launch of the Vanguard Australian Fixed Interest Index ETF. The new ETF is designed to offer investors' access to a diverse range of high credit quality Australian fixed income ... |
| | | | Australia and New Zealand Banking Group (ANZ) reported record full-year profits driven by growth in its Asian business. Today's announcement showed the bank's end-of-year profit has risen to $5.7 billion, up 6% on last year, but slightly lower than ... |
| | | | Australian stocks have opened 0.7 per cent lower, outperforming the sharp declines from offshore markets during the overnight session. At 1033 AEDT on Wednesday, the benchmark S&P/ASX200 index was down 31.5 points, or 0.69 per cent, at 4,511.6 points ... |
| | | | Consolidation within the superannuation industry hasn't diminished the demand for asset consultancy services, according to Mercer. Evolutions in the superannuation sector have meant that Mercer has diversified, and improved its capabilities, but it ... |
| | | | MLC has added three managers and introduced a new low-correlation strategy to its Horizon Series of portfolios and Long-Term Absolute Return Portfolio (MLC LTAR.) The strategy is a fund of hedge funds and will be managed by the firm's alternative strategies ... |
| | | | Believe me I tried... and I tried, and I tried. But I can't find no, no good news on cyberspace, on print or th airwaves this morning. The good news have all AWOL it seems. What I found instead was a listing of the bad and the ugly. Below are the Bloomberg ... |
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