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Showing 11711 - 11720 of 20558 results for "BEN"

IOOF posts $33.2m profit

BEN COLLINS  |  MONDAY, 25 FEB 2013
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 ...

MySuper still ontrack despite low license applications

ALEX DUNNIN, LAURA MILLAN  |  MONDAY, 25 FEB 2013
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 ...

Fed sorted easy, now for the ceiling

BENJAMIN ONG  |  MONDAY, 25 FEB 2013
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 ...

Market Wrap

AAP  |  MONDAY, 25 FEB 2013
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 ...

MoneySmart fin lit schools kits now even more hi-tech

ALEX DUNNIN  |  FRIDAY, 22 FEB 2013
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 ...

Peer-to-peer portfolio benchmarking gains appeal

LAURA MILLAN  |  FRIDAY, 22 FEB 2013
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 ...

Market Wrap PM

AAP  |  FRIDAY, 22 FEB 2013
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 ...

ASX volatility index moves to live pricing

MARK SMITH  |  FRIDAY, 22 FEB 2013
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 ...

Maple-Brown Abbott moves into global listed infra

BEN COLLINS  |  FRIDAY, 22 FEB 2013
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 ...

Smart beta ETF take-up to double in 2013

MARK SMITH  |  FRIDAY, 22 FEB 2013
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 ...