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| | | "Grab your coat and leave your hat Leave your worries on your doorstep Life can be so sweet On the sunny side of the street." -Louis Armstrong, On the Sunny Side of the Street Whew! After the nerve-wracking "will it won't it" - default, be bailed out ... |
| | | | Today marks the first official day of LGsuper and City Super as a merged entity. The superannuation funds combined last night to form the third largest super fund in Queensland with $6 billion in funds under management and almost 100,000 members, LGsuper ... |
| | | | ... distribution partnership with ANZ. "Clearly it takes us from the pack, if you will, to the top tier and that's very important," said Ben Heap, head of global asset management, Australia and New Zealand, UBS. "I think as a firm we should absolutely be ... |
| | | | The life insurance gap in Australia is down 33%, dropping from $1,000 billion in 2005 to $669 billion in June 2010, based on the survival needs of families and dependants after death according to Rice Warner Actuaries. Comparably, the level of life ... |
| | | | BlackRock has launched a new index to help fund managers assess credit risk for governments that issue sovereign debt. Steve Miller, head of Australian fixed income at BlackRock, said the BlackRock Sovereign Risk Index would help portfolios to better ... |
| | | | "And did you think this fool could never win Well look at me, I'm coming back again I'm still standing yeah, yeah, yeah I'm still standing yeah, yeah, yeah." -Elton John, I'm Still Standing Oh yeah, oh yeah. Call it short covering or call it end-of ... |
| | | | The Australian share market is likely to open stronger for the fourth successive day, following more rallies overnight as the Greek parliament confirmed its austerity drive. At 0715 AEST, the September share price index futures contract was up 19 points ... |
| | | | ... impact on OnePath or ANZ customers. "We are delighted with the ING IM acquisition and concurrent agreement with ANZ," said Ben Heap, head of UBS Global Asset Management, Australia and New Zealand. "The acquisition significantly increases the scale and ... |
| | | | AllianceBernstein predicts molecular medicine will rival the emergence of digital information as a disruptive force and has allocated 10% of its thematic portfolios to associated companies such as DNA sequencing and molecular diagnostics firms. While ... |
| | | | Boutique firm Avoca Investment Management, headed by former UBS star portfolio managers John Campbell and Jeremy Bendeich, today launched its cornerstone equities fund. John Campbell, chief investment officer at Avoca, said the Bennelong Avoca Emerging ... |
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