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| | | Just when you thought the financial crisis couldn't get any crazier, former Treasurer Peter Costello said planners are to blame for super fund members losing money from their super fund accounts following the stockmarket rout. "The government didn't ... |
| | | | Aviva yesterday launched its newly integrated global asset management business Aviva Investors - a $488 billion investment powerhouse with 10 companies rolled under one brand. Aviva announced in February that Australian based Portfolio Partners and ... |
| | | | You call last week a sell-off, this is a sell-off. Wall Street is now more than US$1,000,000,000,000 (US$1 trillion) cheaper as investors dumped stocks following news of the US House of Representatives' rejection of the US$700 billion financial sector ... |
| | | | The Australian stock market had moved into the red by noon, dragged lower by the big miners and most of the major banks, while the local market digested news of the agreement reached in the US on the Wall Street bailout. At 1217 AEST, the benchmark ... |
| | | | ASIC's crackdown on short selling has left a profound impact across the local investment industry, including upsetting the investment strategy of the $5.5 billion Local Government Superannuation Scheme. Around eight to 10 per cent of LGSS' investment ... |
| | | | Rising concerns that the $1 trillion investment bank bail-out breaches the US constitution are making it difficult for Congress to quickly approach the bill. At Senate Banking Committee hearings on Capitol Hill, Senator Christopher J Dodd, a Democrat ... |
| | | | The overnight bloodshed on Wall Street may have carved 3.5 per cent from the S&P/ASX200, but the turmoil has produced some fantastic buying opportunities as valuations in Aussie equities begin to improve, says Tyndall. Tyndall is sticking to its guns ... |
| | | | The bloodbath continues. The Federal Reserve's US$85 billion bailout of American Insurance Group (AIG) proved insufficient to calm the financial market panic that appears to be increasing by the day. The overnight sell-off saw more than three years' ... |
| | | | The Australian stock market has received a strong negative lead, with Wall Street indices crashing more than four per cent overnight. Oil, gold and silver rebounded as investors sought safe havens. At 0716 AEST, the Sydney Futures Exchange's September ... |
| | | | Watson Wyatt Australia has hired former Intech CIO Hugh Dougherty and promoted Michael Blayney to head a new division that taps into the company's global portfolio construction research. The firm's Australian Portfolio Construction Group (PCG) complements ... |
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