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Showing 1811 - 1820 of 3744 results for "Figure"

Social networks boost demand for financial advice

LAURA MILLAN  |  WEDNESDAY, 27 MAR 2013
Social networks have made financial services more accessible and they have boosted the demand for advice, according to the latest data released by the Financial Planning Association (FPA). Over 26,000 Australians used the 'Find a Planner' directory ...

Active management a 2% tax drag

MARK SMITH  |  WEDNESDAY, 27 MAR 2013
... generate enough alpha to cover their tax bill, which in effect, requires them to add 1-2% per year just to stand still. That figure is even before management fees. "You pay tax every time there is a transaction. There are huge benefits to building portfolios ...

I was there!

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2013
... drop in the University of Michigan consumer sentiment index to 71.8 in March (preliminary estimate) from February's final figure of 77.6 and expectations for an unchanged reading. The point is that America's outlook remains exactly as it was before the ...

GFC derails wealth fee growth by $30bn

LAURA MILLAN  |  MONDAY, 25 MAR 2013
... industry FUM had continued along its pre-GFC growth trend, the market could well have reached $2.5 trillion versus the current figure of $1.5 trillion. Rainmaker said the $1 trillion gap, equivalent to potential fund fees of $30 billion, highlights the ...

Asset allocation shifts as EM turns strategic: MFS

ALICE URIBE  |  MONDAY, 25 MAR 2013
... both direct and indirect exposure. After visiting with superannuation fund executives last week he predicted that this figure was going to rise further during 2013, despite continuing global uncertainty. "Emerging markets are moving from being an opportunistic ...

Flight to SMSFs reshape super mindset

LAURA MILLAN  |  FRIDAY, 22 MAR 2013
The exodus of individuals away from large superannuation funds and into self-managed super funds (SMSFs) has prompted some soul-searching among the major players. AustralianSuper and Hostplus will soon be launching "direct investment platforms" similar ...

ASIC steps up investigation into SMSF fraud

MARK SMITH  |  WEDNESDAY, 20 MAR 2013
The Australian Securities and Investment Commission has successfully obtained court orders to liquidate two Queensland-based self-managed super fund (SMSFs) advice business accused of misleading investors. Yesterday the Federal Court appointed Michael ...

Macquarie to compensate Storm investors in $82.5m deal

STAFF JOURNALIST  |  MONDAY, 18 MAR 2013
Macquarie Group Limited last week announced that it has reached an agreement to settle proceedings brought against it by investors advised by Storm Financial and who had Macquarie margin loan facilities. The settlement, an amount of $82.5 million including ...

EQT lodges bidder statement for the Trust Co

LAURA MILLAN  |  MONDAY, 18 MAR 2013
... before the offer. Equity Trustees has generated a total shareholder return of 16.5% per annum over the last 10 years, a figure that doubles the Trust Company's return, at 7.8% per annum over the same period. Also, the Trust Company shareholders will ...

Market Wrap

AAP  |  FRIDAY, 15 MAR 2013
The Australian market is set for a strong start to trade with encouraging jobs figures in the United States helping Wall Street post its longest winning streak in more than 16 years. At 0757 AEDT on Friday, the March share price index futures contract ...