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| | | AustralianSuper's selected multi managers may need to refine their processes after the super fund hired research consultancy firm Inalytics to assess the skills of the underlying fund managers. Amanda Field, managing director at Inalytics, said AustralianSuper ... |
| | | | AMP-owned financial planning firm Hillross has added another investment platform to the group's suite. Hillross selected the Definitive Wrap Solution platform, a version of the Macquarie Wrap, after a six-month trial with one of the group's advisory ... |
| | | | ... rose strongly, lifted by a late rally as investors digested a mixed batch of US economic data and details of a bankruptcy plan for General Motors. Energy shares led gains after the US government reported a larger-than-expected decline in US crude oil ... |
| | | | The Australian share market fell more than one per cent in morning trade, dragged down by major banks and miners. At 1200 AEST, the benchmark S&P/ASX200 index was down 48.9 points, or 1.29 per cent, at 3,752.2, while the broader All Ordinaries index ... |
| | | | TOWER Australia posted a 12 per cent fall in net profit after tax to just over $27 million in the firm's first half results, while new individual life sales continue to increase. Despite the fall in net profit after tax, TOWER Australia's underlying ... |
| | | | Credit Agricole Asset Management (CAAM) is shifting the firm's global fixed income strategy's emphasis from specific country exposure to a sector based strategy that targets credit securities and currency plays. CAAM Global Bond fund's recently released ... |
| | | | The Association of Financial Advisers (AFA) highlights the importance of strong leadership skills at this year's conference, with keynote speakers including Darren Flanagan, the man behind the Beaconsfield mine rescue and Peter Baines, who helped lead ... |
| | | | ... will take more than 15 years, rather than the current ten, said a key industry body. According to an "eight point action plan" by UK business industry body CBI, urgent short-term steps must be taken if businesses struggling with the recession are not ... |
| | | | Perpetual has taken extra steps to preserve its balance sheet and cut costs, including a dividend reinvestment plan announced this morning and a move towards lower bonus payments and caps on executive and board remuneration. The 'surprise' announcements ... |
| | | | Members of the $3.1 billion corporate fund NAB Group Superannuation Fund can now apply for binding death benefit nominations. The fund, which said in March that it was considering introducing the benefit, are now allowing members to provide the fund ... |
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