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| | | BT Financial Group's profits rose by 14 per cent to $243 million in the six months to March - a stellar result driven by an improvement in the funds management business, Westpac Group said today. The wealth management firm's $29 million rise in economic ... |
| | | | Superannuation funds risk losing their member's details to identity thieves if they don't protect their systems, internet security firm Pure Hacking said today. Ty Miller, chief technology officer of the ethical hacking security and testing firm, said ... |
| | | | Hedge funds and finance industry operators are paying up to 50 per cent more for old legacy disaster recovery management systems, a new technology provider has said. Alphaserve Technologies, a New York-based firm that provides risk management, performance ... |
| | | | Incentives for super fund members to top-up their contributions have systematically failed, leaving the only viable solution for improving retirement income standards being an increase in compulsory contributions, said the Association of Super Funds ... |
| | | | Direct share ownership is continuing to rise and it's driving investors out of managed funds, reveals new figures from the latest ASX Share Ownership Survey. The survey found there are 5 million Australians who directly own shares, 2 million more than ... |
| | | | There really must be something in that age-old adage, "sell in May then go away". It's still early days of course, but if the first two May trading days on Wall Street is any guide, investors might be packing up for the entire month. Nothing's really ... |
| | | | The Australian stock market is tipped to open lower on Wednesday, following flat to lower performances by markets overseas overnight, and falls in the prices of precious metals and oil. At 0703 AEST on the ASX 24, the June share price index futures ... |
| | | | Colonial First State subsidiary Realindex Investments has launched an emerging markets index fund that seeks to remove the drag of weighting distortion with value investing techniques. The fund, which will have fees of 79 basis points per annum and ... |
| | | | Mortgage aggregator Vow Financial is looking to ward off competition from banks by offering financial planning services to retail property investors. Vow Wealth Management has been launched as a joint venture with financial planning firm, The Selector ... |
| | | | Australia's Future Fund has awarded a new mandate to US-based venture capital firm Bessemer Venture Partners. The world's 13th largest sovereign wealth fund with $74.6 billion worth of assets under management issued the mandate to Bessemer some time ... |
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