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| | | Listed wealth manager IOOF has announced a $33.2 million net profit after tax for the period to 31 December. "IOOF has delivered another solid underlying performance amidst an ever-changing financial and regulatory environment," said Christopher Kelaher ... |
| | | | The number of superannuation funds applying for a license to run a MySuper product is likely to fall well short of expectations, but rather than suggest MySuper is flawed policy, it highlights how it is fundamentally an internal industry issue rather ... |
| | | | Huh? Was that it? Was that the correction we had to have? To borrow from Neil Young, "My my, hey hey," seems like rock n' roll is here to stay 'ey? You know what I mean. It's the S&P 500's big back-to-back corrections on Wednesday (down 1.2%) and Thursday ... |
| | | | The Australian market looks set to open higher following Wall Street's lead which ganied on renewed confidence that the US Federal Reserve stimulus program will continue. At 0800 AEDT on Monday, the March share price index futures contract was up 21 ... |
| | | | ASIC will release later this month the next round of digital classroom activities guides and resources designed to help primary school teachers promote financial literacy. The resources are part of the ASIC MoneySmart initiative and revolve around the ... |
| | | | A start-up online investment community designed initially for Baby Boomers has won a surprising number of GenX and GenY clients, suggesting a broader market of investors keen to swap their investment know-how online. Melbourne-based SelfWealth is an ... |
| | | | The Australian market has opened stronger despite a fall on Wall Street overnight, earning back some of Thursday's massive losses. At 1021 AEDT on Friday, the benchmark S&P/ASX200 index was up 39.7 points, or 0.8 per cent, at 5,019.7 points, while the ... |
| | | | Australia's equity market volatility benchmark, the S&P/ASX 200 VIX (VIX), will be made available in real-time, the ASX has announced. This will provide the market with intra-day volatility information and importantly, enables ASX to create derivative ... |
| | | | Investment manager Maple-Brown Abbott yesterday said it would launch a new global listed infrastructure investment strategy. The investment team for the new strategy will include Andrew Maple-Brown, Steven Kempler, Lachlan Pike and Justin Lannen. All ... |
| | | | UBS Global Asset Management expects the popularity of 'smart beta' exchange traded funds (ETFs) to double by the end of the year. According to UBS, SMSF trustees' and financial advisers' rising acceptance of these types of products is fuelling rapid ... |
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