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| | | MLC has continued its spree of asset allocation changes with news of two new strategies for four of its MLC Horizon Series, including allocations to three managers and limiting its exposure to global shares. MLC has made an allocation to a multi-asset ... |
| | | | Australian stocks have opened more than one per cent higher after a successful Spanish bond auction eased concerns over the euro zone debt crisis. At 1012 AEST on Wednesday, the benchmark S&P/ASX200 index was up 49.3 points, or 1.15 per cent, at 4,338.1 ... |
| | | | AvSuper has appointed BNP Paribas Securities Services Australia & New Zealand (BNP Paribas) custodian of their $1.25bn investment portfolio. The contract covers full master custodianship and fund administration services, with the choice prompted by ... |
| | | | Alphinity Investment Management expects Australia will experience 4% steel growth in 2012 but picks the energy sector as where the real growth can be found. "We are coming to the close of the super growth cycle for steel although there is a short term ... |
| | | | I can almost see the smile on the faces and the jingle in the pockets of those who kept the faith, who didn't jump at shadows and bought what the worrywarts were peddling instead. They've been vindicated once again. For last night, Wall Street rebounded ... |
| | | | The Australian dollar is three quarters of a US cent higher after a successful Spanish bond auction reduced fears of a fresh European debt crisis. At 0700 AEST on Wednesday, the currency was trading at 103.89 US cents, up from 103.14 cents on Tuesday ... |
| | | | Russell Investments has reconstituted the Australian high dividend and high value indices in favour of banking stocks ahead of reporting season. The semi-annual reconstitution has been driven by attractive valuations and expected income from the banks. ... |
| | | | 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 Gremlins are coming back to haunt. Or so it'll seem as you read reports reporting that, once again, we're doomed. Yes Virginia, you'll be scared off your pants to know that the S&P 500 index posted its biggest weekly loss in 2012. It fell an earth-shattering ... |
| | | | 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 ... |
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