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Market wrap Early AM

AAP  |  FRIDAY, 2 NOV 2012
... another mixed bag of earnings and dull forecasts for the coming months from companies like ExxonMobil and Pfizer. The Dow Jones Industrial Average finished solidly higher at 13,232.62, a gain of 136.16 points, or 1.04 per cent. The broad-based S&P 500 ...

Market wrap early AM

AAP  |  THURSDAY, 1 NOV 2012
... Trade was strong and stocks jumped at the opening, only to turn downward as the day progressed. At the closing bell, the Dow Jones Industrial Average was down 10.67 points (0.08 per cent) at 13,096.54. The broad-based S&P 500 gained 0.20 (0.01 per cent) ...

Soft-skills critical to maximising adviser value-add

MARK STORY  |  WEDNESDAY, 31 OCT 2012
... fat juicy cheque, and celebrating what exactly that windfall means to the sustainability of their lifestyle. However, Paul Jones national sales manager at OnePath who introduced Baccinelli's presentation urged delegates not to overlook the flipside to ...

Olivia Maragna wins AFA 2012 Adviser of the Year Award

MARK STORY, MARK SMITH, LINDA HAUSKEN  |  WEDNESDAY, 31 OCT 2012
... finalists, Mark Rando (Rando & Associates), David Clark (Clark Pacific), Jenny Brown (JBS Financial Strategists), Dennis Jones (Beacon Wealth) and Michelle Tate-Lovery (Unified Financial Services). "This journey has been both amazing and exhilarating ...

Market Wrap

AMP  |  MONDAY, 29 OCT 2012
... disappointments but tempered by a slightly better-than-expected estimate of economic growth in the third quarter. The Dow Jones Industrial Average finished up 3.53 points (0.03 per cent) at 13,107.21 on Friday. The broad-based S&P 500 lost 1.03 (0.07 ...

Market wrap late AM

AAP  |  FRIDAY, 26 OCT 2012
... orders and weekly unemployment claims came in better than expected and Procter & Gamble earnings beat forecasts. The Dow Jones Industrial Average climbed 26.34 points (0.20 per cent) to 13,103.68. The broad-based S&P 500 advanced 4.22 (0.30 per cent) ...

High frequency trading benefits: UK government

MARK SMITH  |  FRIDAY, 26 OCT 2012
... little as a few seconds - has led to unexplained 'flash crashes' such as the one experienced on 6 May 2010 when the Dow Jones fell 9% only to recover within minutes. The paper highlighted several benefits of computer-based trading including better liquidity ...

Market wrap AM

AAP  |  FRIDAY, 26 OCT 2012
... orders and weekly unemployment claims came in better than expected and Procter & Gamble earnings beat forecasts. The Dow Jones Industrial Average climbed 26.34 points (0.20 per cent) to 13,103.68. The broad-based S&P 500 advanced 4.22 (0.30 per cent) ...

Market wrap AM

AAP  |  THURSDAY, 25 OCT 2012
... corporate earnings and after the Federal Reserve left its stimulus policies unchanged as expected. In closing trade, the Dow Jones Industrial Average was down 25.11 points (0.19 per cent) at 13,077.42. The broad-based S&P 500 shed 4.30 (0.30 per cent) ...

Market wrap AM

AAP  |  WEDNESDAY, 24 OCT 2012
... Shack and 3M reinforced views that the US corporate earnings boom is stalling, sending buyers toward the doors. The Dow Jones Industrial Average plunged 243.36 points (1.82 per cent) to finish at 13,102.53. The broad-based S&P 500 sank 20.71 (1.44 per ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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