Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 13791 - 13800 of 21805 results for "Dec"

Challenger extends deal with SimCorp

MARK SMITH  |  WEDNESDAY, 15 MAY 2013
Challenger has extended its licence with platform software provider SimCorp. Challenger first partnered SimCorp in 2003 when, with $10 billion in funds under management (FUM), it was faced with need to either re-jig its legacy system or invest in a ...

Financial markets give the budget a big yawn

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2013
"Dizzy, I'm so dizzy my head is spinning Like a whirlpool it never ends..." -Tommy Roe Done listening, watching and reading all about whys, hows, whens and wherefores of budget 2013-14? I know I am, I'm so, like, over it. It's good. No, it's bad. Nah ...

Market Wrap PM

AAP  |  TUESDAY, 14 MAY 2013
The Australian market has opened flat as gains for defensive stock offset losses for Westpac and Macquarie banks. IG market strategist Evan Lucas said Westpac and Macquarie were dragging down the market as both went ex-dividend. "It's a bit of a weak ...

NZ Super offloads mining shares on RE concerns

LAURA MILLAN  |  TUESDAY, 14 MAY 2013
The New Zealand Superannuation Fund (NZ Super) has excluded global mining company Barrick Gold Corporation and its subsidiary African Barrick Gold from its $22 billion investment portfolio on responsible investment grounds. Barrick's mines in Papua ...

Market Wrap

AAP  |  MONDAY, 13 MAY 2013
The Australian market has opened flat as gains for defensive stock offset losses for Westpac and Macquarie banks. IG market strategist Evan Lucas said Westpac and Macquarie were dragging down the market as both went ex-dividend. "It's a bit of a weak ...

Down, down, dollar down

BENJAMIN ONG  |  MONDAY, 13 MAY 2013
Down, down A$ is down. Here's looking at you, parity. Was it the Reserve Bank of Australia (RBA)'s 25 basis pint reduction in the official cash rate last week and RBA Governor Stevens' promise to do more "should that be necessary to support demand" ...

Rate cuts prompt SMSF cash exodus

MARK SMITH  |  FRIDAY, 10 MAY 2013
A wave self-managed super fund (SMSF) trustees are swaping their cash holdings for fixed interest and direct property investments, according to the latest Multiport SMSF Investment Patterns Survey. Falling cash rates mean that term deposits and savings ...

No need for more super bureaucracy: Cormann

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
There was no need for more bureaucracy to protect Australian's superannuation savings, shadow minister for Financial Services Mathias Cormann has said in response to the government's announcement of a superannuation charter. Cormann was also critical ...

Super sector should influence broader policy: Brogden

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
The superannuation sector should seek to influence public policy as funds become bigger and gain more influence in the economy, Financial Services Council (FSC) chief executive John Brogden said. "As an industry, we have been very focused on laws that ...

Not strong enough

BENJAMIN ONG  |  FRIDAY, 10 MAY 2013
Here we go again folks. The end has come to Wall Street's five-day record-breaking run. Even well-conditioned athletes have to pause for breathe sometime just like high frequency traders need an excuse to turn those paper profits into real dinero. They ...