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| | | Software designed by Brite NSW in association with adviser Bailey Roberts Group will become available to independent advisers, in a move designed to pluralise the platform market. The application, dubbed 'PLUTO', allows users to operate individually ... |
| | | | The Australian share market has opened marginally higher, after five straight sessions of losses. At 1015 AEST on Tuesday, the benchmark S&P/ASX200 index was up 3.6 points, or 0.07 per cent, at 4,963.5, while the broader All Ordinaries index was up ... |
| | | | The Morphic Asset Management Australian Global Equities Fund has gone from $5 million in assets under management to more than $25 million since inception in August, 2012. The fund achieved returns of 2.8% in April, 2013, but it underperformed the MSCI ... |
| | | | Support is gathering for the UK government to follow in Australia's footsteps and merge small local authority pension funds after Financial Times research revealed huge disparities in fees paid to fund managers. According to the UK broadsheet, some ... |
| | | | Deposits from the adviser market have contributed to significant growth in customer deposits with ME Bank. The bank has tripled its deposit book to about $7 billion over the last three years to April 2013. ME Bank general manager network sales and relationships ... |
| | | | "It's amazing how you Can speak right to my heart. Without saying a word You can light up the dark. Try as I may, I could never explain What I hear when you don't say a thing." -When You Say Nothing At All It was all going so swimmingly - the three ... |
| | | | The Australian share market looks likely to continue to fall on Tuesday. At 0755 AEST the June share price index futures contract was 13 points lower at 4,938. Wall Street and London markets were closed overnight for holidays. In company news on Tuesday ... |
| | | | Direct insurance is already having an impact on the advisory market share, with direct companies offering similar products at a lower cost. Direct risk companies currently hold 24.2% of the market share, right behind non-aligned dealers, which hold ... |
| | | | BNP Paribas Investment Partners has opened the Carnegie WorldWide Equity Trust to Australian wholesale investors. Carnegie Asset Management describes their investment style as trend based stock picking, an approach that enables them to identify and ... |
| | | | More often than not, it's good to know that one is in good company. I bet not a few of you gentle readers believed more the "Fed would unwind soon" headlines than this column's musing that, "that time is not yet". Yeah, the equity markets' performance ... |
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