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Market Wrap AM

AAP  |  THURSDAY, 31 JUL 2014
The Australian market looks set to open flat following a mixed performance on Wall Street after the Federal Reserve kept interest rates near zero and surprisingly strong second-quarter US economic growth data. At 0807 AEST on Thursday, the September ...

Lonsec makes portfolio manager changes after review

STAFF WRITER  |  WEDNESDAY, 30 JUL 2014
Following a strategic asset allocation (SAA) and model portfolio review, Lonsec 's Core Model Portfolios will now have a more balanced allocation between global and Australian equities and an increased allocation to alternative assets. The investment ...

Boost from Chinese stimulus to be short-lived

MARK SMITH  |  TUESDAY, 29 JUL 2014
Goldman Sachs' investment management division has lowered its suggested allocation to emerging markets as the Chinese economy struggles to transition from a focus on exports to a focus on domestic consumption. Dr Jiming Ha, vice chairman and chief investment ...

Market wrap

AAP  |  TUESDAY, 29 JUL 2014
The Australian share market is trading flat, though marked by a plunge in the shares of insurer QBE. Lonsec senior client adviser Michael Heffernan said the local bourse was "as flat as a tack". He said overseas leads had been okay, but a profit downgrade ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 28 JUL 2014
... Financial Standard iPadA(C) app free from the App store, for a limited time. Look under 'Financial Standard' or click this link. Readers can use social media tools and email embedded within the app to share Financial Standard articles. News stories updated ...

Regulators relaxed about social media: IOSCO

STAFF WRITER  |  FRIDAY, 25 JUL 2014
The International Organsation of Securities Commissions (IOSCO) has just released research into how regulators around the world are permitting the use of social media as part of the advice channel. The survey was conducted during 2013 and focused heavily ...

Employee rehabilitation key to reduce claims costs: AIA

LAURA MILLAN  |  WEDNESDAY, 23 JUL 2014
Rehabilitation for employees and early intervention could be the key drivers in reducing the claims costs experienced by superannuation funds, employers and employees in what remains a challenging life insurance market, according to insurer AIA Australia. ...

Senate saves the LISC

JAMES FERNYHOUGH  |  MONDAY, 21 JUL 2014
The low income superannuation contribution (LISC) scheme has been saved after the Senate blocked the repeal of measures related to the mining tax. The LISC, which was a spending measure associated with the Minerals Resource Rent Tax, was saved after ...

Are super funds the new shadow banks?

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
Superannuation funds are increasingly behaving like shadow banks and should be regulated as such, an economist and pension expert from the UK has warned. Dr Bernard Casey of Warwick University said stricter global capital requirements are seeing new ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 14 JUL 2014
... Financial Standard iPadA(C) app free from the App store, for a limited time. Look under 'Financial Standard' or click this link. Readers can use social media tools and email embedded within the app to share Financial Standard articles. News stories updated ...