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Showing 1891 - 1900 of 3230 results for "April 3"

Buy-back boom driven by loose Fed policy

MARK SMITH  |  THURSDAY, 4 JUN 2015
The record $133 billion in buybacks for S&P companies announced in April are an economic distortion resulting from years of accommodative monetary policy and could be costing shareholders long-term performance, according to BlackRock's US-based chief ...

Market to open higher

AAP  |  THURSDAY, 4 JUN 2015
The Australian market looks set to open higher, following gains on Wall Street. At 0653 AEST on Thursday, the June share price index futures contract was up seven points at 5,596. In the US stocks gained helped by a wave of solid US economic data. Locally ...

Super delivers 12.2% for year end April

ALEX DUNNIN  |  WEDNESDAY, 3 JUN 2015
Returns from super fund default MySuper options dipped to 12.2% for the 12 months to end April but funds are still on track for another solid financial year, according to SelectingSuper's latest performance survey. The SelectingSuper survey of Workplace ...

PROFILE: IOOF managing director Chris Kelaher

LAURA MILLAN  |  WEDNESDAY, 3 JUN 2015
IOOF managing director Chris Kelaher's trajectory has awarded him the labels of serial acquirer and M&A veteran. He has been behind the takeover of 30 companies in the last decade alone. But Kelaher's career in financial services started far away from ...

US data says...

BENJAMIN ONG  |  TUESDAY, 2 JUN 2015
... could well disappoint." The ISM manufacturing index rose to 52.8 in May - better than expected and up strongly from 51.5 in April - with new orders jumping to its highest 2015 reading of 55.8 (although export orders was flat at 50, down from 51.5 in ...

Legalsuper names new CIO

MARK SMITH  |  MONDAY, 1 JUN 2015
Legalsuper has bolstered its internal investment capability with the appointment of a new chief investment officer from Australian Unity. Edward Smith will begin his new role on 29 June and will be based at the fund's Melbourne offices. He joins from ...

Super funds on path to becoming trading pros

LAURA MILLAN  |  MONDAY, 1 JUN 2015
Superannuation funds are becoming better at electronic trading as they increase their in house investment capabilities, Bloomberg Tradebook head of Asia Pacific Tom Kingsley said. "Super funds are becoming more educated in electronic trading and we ...

Market to open lower

AAP  |  MONDAY, 1 JUN 2015
The Australian market looks set to open lower, following falls in US stocks. The June share price index futures contract was down 17 points at 5,761. The main Wall Street stock indexes were down by about 0.6 per cent on Friday, after a key consumer ...

CBA compensation payments total $79,702 so far

LAURA MILLAN  |  FRIDAY, 29 MAY 2015
The Commonwealth Bank (CBA) Open Advice Review program has paid $79,702 to five clients who received bad advice from the bank's financial planners, while most clients are still reviewing the compensation proposal. Independent expert for the compensation ...

Executive appointment round-up

STAFF WRITER  |  FRIDAY, 29 MAY 2015
A new general manager for Godfrey Pembroke and a reshuffle at the top of First State Super led a raft of big appointment stories this week. NAB confirms new Godfrey Pembroke GM - Alan Logan, who has held executive positions at ANZ Advice & Distribution ...