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| | | Deal! This single word was music to the ears of investors everywhere. After weeks of restless anxiety, it came to pass - the powers-that-are in Washington agreed to raise the nation's US$14,300,000,000,000 debt ceiling. True to script the negotiations ... |
| | | | Commonwealth Bank of Australia reported a 3% rise in its wealth management division for the June 2011 quarter, while the appreciating Australian dollar caused a slight drop in its funds under administration and management. CBA's insurance inforce premiums ... |
| | | | Inflationary-linked bonds are the next vehicle for super funds to manage their investment portfolios for retirees, with institutional investors looking towards this neglected investment, according to one inflation investment manager. Super funds may ... |
| | | | The Australian stock market is expected to open lower today, after US markets fell for the fifth straight day while the US searches for a solution to its debt crisis. At 0649 AEST on the ASX 24, the September share price index futures contract was nine ... |
| | | | Macquarie said that annuity style income provided by its banking and financial services, funds management and corporate and asset finance divisions will drive growth in the medium term after reporting a drop in group contributions for Q1 2012. Macquarie ... |
| | | | A ratings downgrade of US sovereign debt would likely result in higher interest rates, Franklin Templeton Fixed Income Group said today. Financial markets are again in decline, spooked by the threat of the US losing its AAA rating on Treasury securities ... |
| | | | Australian Unity subsidiary Altius Asset Management sees good value in term deposits and the corporate sector after launching its bond fund. The fixed interest boutique, led by chief investment officer, Bill Bovingdon, invests in fixed interest securities ... |
| | | | Australian fund managers are well positioned to enter Japan's $18.9 trillion savings pool as an Asian regions funds passport gains political and industry momentum. A new PwC / Austrade report, The Australian Fund Managers Roadmap to Japan, has found ... |
| | | | Lack of compliance understanding and industry-wide consensus is hindering advisers from using managed discretionary accounts to their full potential, but new reforms may soon push them into the spotlight, said Institute of Managed Accounts Providers. ... |
| | | | ANZ is offering capped premiums as part of its new direct life insurance package for over fifties, which is designed to provide immediate post death expense cover. ANZ 50+ Life Cover would provide benefits for funeral costs and unpaid bills up to the ... |
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