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Showing 10731 - 10740 of 19601 results for "RIS"

Governor Glenn lets his jaw drop

BENJAMIN ONG  |  MONDAY, 7 JUL 2014
Reserve Bank of Australia (RBA) Governor Glenn Stevens was in Tasmania letting it all rip at the same time that most of us were co-celebrating Dow 17K with our American brethrens on 'Independence Day' eve. On 3 July, Governor Glenn spoke before 'The ...

CBA's Narev leaves key questions unanswered

LAURA MILLAN  |  FRIDAY, 4 JUL 2014
Commonwealth Bank (CBA) chief executive Ian Narev's main message during yesterday's address to the media was that the bank has switched to "a spirit of openness," but he left a number of key questions unanswered. "Over the past few weeks perhaps the ...

Adviser appetite for infrastructure investments increasing

MARK SMITH  |  FRIDAY, 4 JUL 2014
The attractive risk/return profile and high level of income on offer from infrastructure investments mean the asset class is well suited to retail investors, according to Goldman Sachs Asset Management head of Australian infrastructure Geoff Frankish. ...

YBR Smarter Money returns 5.0% over June quarter

HARRY PAGE  |  THURSDAY, 3 JUL 2014
Yellow Brick Road Holdings' "active cash" fund, YBR Smarter Money (Smarter Money) has returned 5% per annum after all fund fees over the June quarter. Smarter Money is an "active cash" or short-term fixed-interest fund that invests in Australian deposits ...

Government still mulling response on Senate report

LAURA MILLAN AND AAP  |  THURSDAY, 3 JUL 2014
The government will monitor the implementation of Commonwealth Bank's (CBA) Open Advice Review program announced today while it works on its response to the Senate Economics Committee report. Finance Minister Mathias Cormann said that it was "appropriate ...

ASFA calls for lifetime contribution caps

MARK SMITH  |  THURSDAY, 3 JUL 2014
The Association of Superannuation Funds of Australia (ASFA) has called for lifetime cap to non-concessional superannuation contributions for those with balances over $2.5 million. The recommendation is published in a report which analyses the impact ...

TAL nabs ANZ exec for new finance role

LAURA MILLAN  |  WEDNESDAY, 2 JUL 2014
TAL has appointed a top ANZ Wealth executive to the newly-created role of general manager of strategic finance. Edith Pfister was most recently chief risk officer at ANZ Wealth and private bank and her new role brings together responsibility for strategy ...

Manny Pohl issues prospectus for new retail LIC

MARK SMITH  |  WEDNESDAY, 2 JUL 2014
Manny Pohl's boutique Australian equity house, ECP Asset Management (ECPAM), has released the prospectus for a new small- and mid-cap listed investment company (LIC). Barrack Street Limited is targeting a maximum of $50million, with the LIC aiming to ...

Market wrap

AAP  |  WEDNESDAY, 2 JUL 2014
A rebound in the local banking sector has helped the Australian share market to open higher, after Wall Street stocks surged to new records. Strong Chinese manufacturing figures and surprisingly good US car sales pushed the Dow Jones Industrial Average ...

Market wrap

AAP  |  TUESDAY, 1 JUL 2014
The share market has made a flat start to the new financial year. It has given up some of its morning gains and follows a fall of close to one per cent on Monday, which was related to traders selling underperforming stocks and realising losses to reduce ...