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| | | The Australian Securities and Investments Commission warned that contracts-for-difference were high-risk products as it released new disclosure benchmarks for providers today. Greg Medcraft, ASIC chairman, told a press conference in Sydney that there ... |
| | | | Australian shares opened lower after a negative lead from Wall Street, and on renewed concerns about eurozone debt. At 1015 AEST on Thursday, the benchmark S&P/ASX200 index was down 66.8 points, or 1.61 per cent, at 4074.5 points, while the broader ... |
| | | | State Street Global Advisers is keen to open new asset class realms to the Australian exchange-traded fund market, its global head of ETFs said yesterday. Scott Ebner, managing director and global head of exchange traded fund product for SSgA flew into ... |
| | | | Large superannuation funds have been obstructing the release of members' money to self-managed funds by throwing paperwork hurdles in their way, a seminar heard this morning. "In an ideal world a transfer should take no more than 30 days," said Tony ... |
| | | | HSBC has launched a new structured investment product to provide retail investors with capital protected exposure to equities in China, Taiwan and Hong Kong. The HSBC 100+ Series China Region Investment II is a five-year product, launched at the start ... |
| | | | UniSuper's Terry McCredden won the Fund Executives Association's superannuation executive of the year award in Melbourne last night. The tenth annual executive of the year award was presented in partnership with AMP Capital, rewarding leadership, innovation ... |
| | | | "I started a joke, which started the whole world crying..." -Bee Gees Just when the Fed appeared to have quieted things down, someone screamed, 'boo'. And in the current jittery state the financial markets are in - investors will shoot first and ask ... |
| | | | Australia's Future Fund has posted increased returns on the past year while chairman David Murray has warned that the new global debt crisis could take 20 years to resolve. The world's 13th largest sovereign wealth fund posted a 12.4% return for the ... |
| | | | Equities moved strongly to the upside in morning trade, building on yesterday's stunning stock market rebound with experts predicting further volatility but rating Australia a bargain. At time of writing the All Ordinaries Index was up a further 108.5 ... |
| | | | Fixed income broker FIIG Securities has opened an office in Perth to provide bond investment services to financial planners in Western Australia. FIIG, which has over $6 billion in term deposits under advice, will give WA planners access to short term ... |
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