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Showing 1431 - 1440 of 2198 results for "In March"

Taper trap

BENJAMIN ONG  |  MONDAY, 28 OCT 2013
... QE3 in September last year. And so on and on and on we go... Perhaps the Fed will bite the bullet and start tapering in March next year (give or take) as expected. However, this doesn't preclude it from unwinding its QE unwinding should the recovery ...

Market Wrap AM

AAP  |  FRIDAY, 25 OCT 2013
... managers' index (PMI) for this month was 50.9, a significant improvement from September's 50.2 and the highest since 51.6 in March. The euro reached $1.3825 - the highest point since November 2011 - before falling back to $US1.3798, which compared with ...

Bears out a-haunting

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2013
... November 2008. In just five days of trading, the S&P 500 lost 17.4% that time...and continued to do so before bottoming in March of the following year. Now that was Lehman, Mr. El-Arian. On both occasions, both sides of the political divide were forced ...

Centrepoint optimistic after completing AAP acquisition

LAURA MILLAN  |  TUESDAY, 8 OCT 2013
... PIS. The largest independent dealer group in Australia saw a dramatic drop in adviser numbers, which went from 1,257 in March 2011 to 559 in March 2013, according to a Rainmaker Advantage Report. The dealer group also had to face a number of client claims ...

NAB launches new set of real return portfolios

ALICE URIBE  |  WEDNESDAY, 2 OCT 2013
As part of its first new product launch since Jonathan Armitage took over as CIO in March, National Australian Bank's (NAB) MLC has launched a new set of real return portfolios that aim to deliver returns above inflation for investors. MLC Investment ...

Court freezes LM Investment Management founder's assets

MARK SMITH  |  MONDAY, 30 SEP 2013
... application by the Australian Securities and Investments Commission (ASIC). LM Investment Management went into administration in March 2013, with the company responsible for managing at least $750 million on behalf of almost 12,000 investors in Australia ...

Platforms hit $445bn record

ALEX DUNNIN  |  WEDNESDAY, 25 SEP 2013
... of $386 billion it reached in September 2007 and up a whopping 54% from the post-GFC nadir of $289 billion it fell to in March 2009. The researcher meanwhile added that the number of adviser groups was up 58 during the year to a record 826 although this ...

NAB Asset Servicing wins Prime Super contract

ALICE URIBE  |  WEDNESDAY, 18 SEP 2013
... $37 billion funds under management (FUM). However this comes after the loss of last year of which went to State Street in March 2012 and AVSuper which took its business to BNP Paribas. J.P. Morgan has also lost out in the increasingly competitive environment. ...

Former Opes Prime director acquitted of dishonesty charges

ALICE URIBE  |  MONDAY, 9 SEP 2013
... Smith not guilty on both charges. Opes Prime, a securities lender and broker, which had more than 650 clients, collapsed in March 2008, owing creditors $631 million. Two other directors, Laurie Emini and Anthony Blumberg, were jailed in 2011 for their ...

NAB hangs on to custody of UBS GAM

JAMES FERNYHOUGH  |  TUESDAY, 3 SEP 2013
... business. Last year, NAB lost some very big customers. QSuper took its monstrous FUM of more than $43 billion to State Street in March 2012, while BNP Paribas won custody of AvSuper the following month. Superannuation fund Prime Super, which has been ...