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| | | The Australian stock market opened lower after world equity markets slumped as investors worried about higher oil prices due to violent unrest in Libya. At 1015 AEDT, the benchmark S&P/ASX200 index was down 23.5 points, or 0.49 per cent, at 4822.4 ... |
| | | | The Financial Planning Association (FPA) has weighed in on the opt-in arguments advocated by sections of the trade union superannuation movement, calling the action "alarmist" and part of the industry funds "one track agenda". The FPA yesterday said ... |
| | | | TOWER Australia and CommInsure both named Life Company of the Year in the Association of Financial Advisers (AFA) and Plan for Life awards held yesterday. In a surprise, the two life insurers ranked equal in the main category, with the awards committee ... |
| | | | It had to happen sometime and it's looking like that time has come as equity markets in the developed economies are starting to outperform those in the fast-growing BRICS - Brazil, Russia, India and China. Bloomberg reports that the MSCI World Index ... |
| | | | The lure of performance fees harks back to ancient Phoenician sea captains who kept a fifth of the profits from successful voyages, a piece of history invoked by Alfred Winslow Jones, inventor of hedge funds, when he took 20 per cent of the profits. ... |
| | | | Months of anxiety over rising inflation, speculation over near-term hikes in interest rates (in the developed economies) and/or actual hikes in interest rates (in emerging markets), lingering doubts over the US recovery, policy mistake and then a hard ... |
| | | | Solid results from companies including Coca-Cola Amatil and WorleyParsons have limited declines on the Australian sharemarket after heavy falls in US equities overnight. At 1204 AEDT, the benchmark S&P/ASX200 index was down 7.9 points, or 0.16 per cent ... |
| | | | To survive and thrive in a post-commission world, advisers will need to deliver alpha and be able to demonstrate it, according to research by Vanguard Investments. Francis Kinniry, a principal of Vanguard's global investment strategy group, developed ... |
| | | | RBF in Tasmania has announced the appointment of Dr Ian Lundy to the role of chief investment officer. The Retirement Benefit Fund chief executive officer Philip Mussared said this completes the recruitment of RBF's executive management team, begun ... |
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