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| | | Whew! Finally a bit of good news. Or rather investors chose to see the good rather than the bad. US equities closed last night's trading up more than 1 per cent, reversing early losses brought on by reports that initial jobless benefit claims jumped ... |
| | | | The Australian share market has received positive leads overnight, with the major Wall Street indices all up, precious metals and oil higher, although copper was lower. At 0821 AEDT on the Sydney Futures Exchange, the March SPI futures index was 56 ... |
| | | | ... it is an appropriate time for the board to advise the market of our intention to commence the transition of leadership to focus on the next phase of the group's development," he said. "I am very proud of what the group has achieved since 2003. Our achievements ... |
| | | | ... superannuation industry also needs to guard against the GFC forcing us to look only at the short term. This means we need to focus on the impact of long term contribution rates and inefficiencies in the system, especially transactional inefficiencies ... |
| | | | The $2.4 billion LUCRF Super has slashed its fees for all its pension members from 0.9 per cent to as low as 0.2 per cent. According to a statement by the industry fund, the move comes amid plans to align LUCRF Pensions fees with its superannuation ... |
| | | | Colonial First State is making ESG research one of its top priorities this year. CFS, which is one of the supporters of VicSuper and HESTA's new ESG Research Australia initiative, said it had been actively supporting these issues for a number of years ... |
| | | | ... the statement is available on stakeholder websites. Pauline Vamos, ASFA chief executive, said the group first wanted to focus on those that inform the public. The group plans to send the communiquA(C) to investors but has not determined how or in which ... |
| | | | ... market has been slower to re-price its real estate assets," the report said. The group said that for core investors, the focus for opportunistic buying should be Australia and Japan because both are mature markets where banks, with their more stringent ... |
| | | | Multi-manager outfit Ashton Advisors is using its partnership with top performing US-based fund manager Paulson & Co. to thrive and milk opportunities in the wake of the GFC. Ashton, which counts Paulson as one of its managers within its multi-manager ... |
| | | | ... Guardians. Despite the overall losses, the fund remains staunch in its long term view on investments and will continue to focus on assessing performance over rolling five year periods. David Neal, chief investment officer, said at an industry briefing ... |
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