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| | | NAB Super is increasing its employer contribution from 9.9 to 10 per cent from 1 October. "As part of the 2006 Enterprise Bargaining Agreement, NAB will increase their employer contribution rate from 9.9 per cent of employees' Total Remuneration Package ... |
| | | | The Australian stock market was more than four per cent higher at noon after gains for the financial and resources sector following positive news from Wall Street and stronger metal prices. At 1215 AEST, the benchmark S&P/ASX200 was 196.5 points, or ... |
| | | | ... Admittedly it's been a tough year for fund managers, particularly hedge fund managers, after the litany of hedge fund blow-ups in the US due to the liquidity and market crises. But the shortlist of fund managers recognised at the event suggests that ... |
| | | | If Australia wants its emissions trading system (ETS) to be effective in reducing the nation's greenhouse gas output, it should penalise emissions consumption not its production. Geoff Carmody, founder of Access Economics, told ABC Radio in Canberra ... |
| | | | Austock Group's business restructure continues after it posted full year profits down 27 per cent to $8.1 million - although the group is partly redeemed by its $33 million in cash reserves, zero operations in stock lending and better-than-expected ... |
| | | | A $500 billion carrot awaits the new breed of fund managers willing to do their homework on climate change, but the road to the burgeoning investment sector is full of stumbling blocks. Speaking at an IMCA briefing this week, DWS investment analyst ... |
| | | | A group of investors and asset consultants, sitting on a panel at an InAssociation infrastructure conference in Sydney on Wednesday, was asked to make a call on the future of the investment bank specialist funds model. They agreed it was over. The infrastructure ... |
| | | | In the future, more super funds will behave like fund managers, giving members a chance to see how much their savings are worth on a daily basis - a radical departure from today's convention of monthly, quarterly and yearly valuations. The debate surrounding ... |
| | | | More than 45 per cent of major US pension funds and endowments are reviewing their securities lending programs after a number suffered liquidity issues during the worst of the credit crisis last year. This year financial services firm Greenwich Associates ... |
| | | | AXA Australia's funds under management, administration and advice dropped 11 per cent to $75.5 billion for the six months to the end of June, with falls in fund inflows and the value of new business. The firm posted a 20 per cent drop in inflows to ... |
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