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| | | Australian stocks have opened higher, led by strong gains in the healthcare and info tech sectors in quiet trading conditions. At 1030 AEST on Tuesday, the benchmark S&P/ASX200 index was up 9.5 points, or 0.22 per cent, at 4,311.8 points, while the ... |
| | | | The Australian market looks set to open higher, despite a mixed lead from Wall Street as investors weigh better-than-expected US retail sales numbers, a sharp slowdown in New York manufacturing and renewed eurozone debt tensions. At 0750 AEST on Tuesday ... |
| | | | New Rice Warner research has assessed the current super industry's allocation position, including the issues around equity allocation, concluding that the traditional asset allocation is flawed. In its April report, Asset Allocation for MySuper, Rice ... |
| | | | Treasury Group backed global equities boutique, Aubrey Capital Management, has secured a $30 million mandate from Skandia Investment Group. The mandate was awarded after a competitive tender and takes Aubrey Capital's total funds under management to ... |
| | | | Manager sentiment was up in Q1 causing a strong swing to growth assets, according to a survey by global asset manager Russell Investments. Improving outlooks for the US and Europe were seen as contributing factors to positivity with Australian shares ... |
| | | | Challenger Limited's new fixed rate, fixed income fund has officially been launched in a platform-based format to appeal to requests from financial advisers. Initially reported in late March, the newly-launched fund will manage the cashflow needs and ... |
| | | | The Australian market is set to open lower after global stock markets dropped on concerns that Spain and Italy may be the next countries to succumb to the eurozone debt crisis. At 0753 AEST on Monday, the June share price index futures contract was ... |
| | | | ANZ Wealth will cut 230 roles from its division, the bank confirmed today, due to rising costs and customer preferences. Initially announcing in February that 1000 jobs would be cut in the 2012 financial year, ANZ advised staff on Wednesday that around ... |
| | | | Lack of clarity around the Government's intention for providing capital gains taxation relief for superannuation mergers is damaging members and limiting MySuper outcomes, according to AustralianSuper and ASFA. With the rising trend of super fund mergers ... |
| | | | Yellow Brick Road Holdings has launched its first high-performance savings solution in a bid to attract mum and dad investors to low-risk cash and bond markets. The YBR Smarter Money Fund invests in high-quality, investment grade cash assets and variable-rate ... |
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