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| | | ... platforms." AMP has been piloting the product for a while and while sales to date are "modest", advisers are showing keen interest in the AMP Personalised Portfolio, he said. The product offers more than 25 SMA model portfolios, primarily offering Australian ... |
| | | | ... of being able to go short in stocks as well as having long positions are important. So we think there'll be continuing interest shown towards long/short strategies," he said. Nicholas-Applegate Capital Management chief investment officer and managing ... |
| | | | Storm Financial has appointed Worrells Solvency & Forensic Accountants as the firm's administrators. Emmanuel Cassimatis, Storm Financial managing director, said the financial planning firm had no choice to enter voluntary administration after Storm ... |
| | | | ... real economy and a general lack of confidence. While positive factors such as lower oil prices, fiscal stimuli and lower interest rates have prevented a full-blown market meltdown, he pledged that the group would 'do whatever is appropriate to reinforce' ... |
| | | | ... Suisse funds "on hold", including products across Australian and international equities, local and international fixed interest, and multi sector funds. However, Bill Bovingdon, chief executive of Aberdeen Asset Management, said S&P's decision to implement ... |
| | | | ... Europe and Asia were all worse than expected. As in 2008, central banks scrambled to contain the fallout by reducing interest rates. First off the rank this year is the Bank Of England (BoE) which slashed interest rates by 50 basis points to 1.5 percent ... |
| | | | ... series. John Shuttleworth, BT Financial Group general manager of super & investments solutions, said Farrell's fixed interest, multi manager and tactical asset allocation knowledge would benefit investors and advisers. Meanwhile, Evans joined BT in 2003 ... |
| | | | ... Mr. Rudd is readying yet another stimulus targeting small Australian businesses. As you read this piece, the RBA's past interest rate cuts are working their way into the system. As you read this piece monetary and fiscal authorities in other parts of ... |
| | | | ... KONG - Hong Kong share prices closed 0.2 per cent higher on Thursday, following gains in property stocks on hopes of an interest rate cut next week by the US Federal Reserve, dealers said. The benchmark Hang Seng Index closed up 36.16 points to 15,613.90 ... |
| | | | ... of these persistent problems in the US, another domino appears to be on the brink of falling. The Bank of Canada cut interest rates by 75 basis points last night, taking its benchmark lending rate down to a half century low of 1.5 per cent as it tries ... |
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