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Showing 13071 - 13080 of 19612 results for "RIS"

Shorten urges banks to stand by staff

CLAIRE MCGREAL  |  FRIDAY, 3 FEB 2012
Financial Services Minister Bill Shorten has urged Australia's banks not to fall victim to "corporate amnesia". It follows news yesterday that Westpac, which made over $6 billion in profit last year, would be slashing up to 560 jobs as part of cost ...

China on course for slowdown, not landing: Fidelity

CLAIRE MCGREAL  |  FRIDAY, 3 FEB 2012
Debate over whether China is in for a soft or hard landing is overplayed, according to David Urquhart, portfolio manager of the Fidelity Asia Fund. Speaking at a Fidelity briefing in Sydney this week, Urquhart pointed to recent IMF projections of 8.2% ...

Call for new generation annuities

ELISE BURGESS  |  FRIDAY, 3 FEB 2012
The Actuaries Institute has called for tax disincentives to be removed from deferred lifetime annuity products found in overseas markets, along with the development of a new generation of annuities in its pre-budget submission to the Federal Government. ...

Bold predictions of US recovery

MELANIE TIMBRELL  |  THURSDAY, 2 FEB 2012
The US economy is bound for recovery this year on the back of stronger fundamentals, the Financial Standard Chief Economists Forum heard this week. Dr Bob Baur, chief global economist for Principal Global Investors pointed to positive indicators in ...

Don't be fooled by strong AUD

ELISE BURGESS  |  THURSDAY, 2 FEB 2012
The strength of the Australian currency has led many to believe our economy is also resilient, but the local economy is falling well behind the Asian region, according to one senior chief economist. Clifford Bennett, chief economist at the White Crane ...

Asia vital for Aus business: Harcourt

CLAIRE MCGREAL  |  THURSDAY, 2 FEB 2012
Australia's economic position in a global context was up for discussion at the Financial Standard's Chief Economist Forum in Sydney and Melbourne this week. Speaker Tim Harcourt, chief economist for Australian and Global Economics at the UNSW Australian ...

Market Wrap - Midday

AAP  |  THURSDAY, 2 FEB 2012
Australian shares have posted strong gains after better-than-expected trade data boosted already buoyant mining stocks. Australian Bureau of Statistics (ABS) data showing a surge in exports and a widening trade surplus gave further impetus to mining ...

Benchmarked inflation protection doesn't stack up

MELANIE TIMBRELL  |  WEDNESDAY, 1 FEB 2012
Managing inflation spikes through inflation-lined bonds (ILB) is fundamentally flawed, according to one institutional investment manager. "The traditional approach to managing inflation has been to buy an inflation benchmark, which is typically eight ...

Market Wrap

AAP  |  WEDNESDAY, 1 FEB 2012
Australian stocks have opened slightly higher after mixed leads from offshore bourses kept investors wary ahead of the start of the local earnings season. Wall Street ended lower after US gross domestic product (GDP) data missed expectations - despite ...

BetaShares appoints new head of portfolio construction

CLAIRE MCGREAL  |  WEDNESDAY, 1 FEB 2012
Specialist ETF provider BetaShares has named Dr Tony Rumble in the newly created position of head of portfolio construction. Rumble's new role on the distribution team will see him lead BetaShares' asset allocation and portfolio construction strategy. ...