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Showing 1921 - 1930 of 3230 results for "April 2004"

Market Wrap PM

AAP  |  THURSDAY, 7 MAY 2015
The major banks have clawed back some losses, but continue to weigh on the broader share market. Investors are now absorbing news that the official jobless rate has risen to 6.2 per cent in April from 6.1 per cent in March. The unemployment rate is ...

Vanguard overtakes PIMCO as largest bond manager

LAURA MILLAN  |  THURSDAY, 7 MAY 2015
The great battle between active and passive investment reached new heights when Vanguard overtook PIMCO as the world's largest bond mutual fund. April data showed that PIMCO's Total Return Fund was holding $110.4 billion, while Vanguard's Total Bond ...

Market Wrap AM

AAP  |  THURSDAY, 7 MAY 2015
The Australian market looks set to open lower after US stocks lost ground overnight. At 0651 AEST on Thursday, the June share price index futures contract was down 24 points at 5,631. Wall Street fell for a second straight session following disappointing ...

Will nice numbers make RBA a bad guy?

BENJAMIN ONG  |  TUESDAY, 5 MAY 2015
With numbers like these, who needs a rate cut? Indications of an improving labour market and strong - very strong - housing approvals are the latest domestic economic stats the men and women of the Board of the Reserve Bank of Australia (RBA) would ...

Market Wrap AM

AAP  |  TUESDAY, 5 MAY 2015
The Australian market looks set to open higher, following gains on Wall Street overnight. At 0700 AEST on Tuesday, the June share price index futures contract was up 29 points at 5,835. US stocks gained some ground following the first rise in US factory ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
The advice industry is divided over how to fund an insurance scheme to compensate clients who receive bad advice. A rise in professional indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory ...

Legalsuper finds savings in manager reshuffle

MARK SMITH  |  MONDAY, 4 MAY 2015
Industry super fund legalsuper has replaced a number of high profile fund managers in its investment manager line-up. Perennial (cash and enhanced cash), Colonial First State (global credit), Integrity (Australian equities), Platinum (overseas equities) ...

ASIC says AUD spike "not misconduct"

ALEX BURKE  |  MONDAY, 4 MAY 2015
ASIC has provided an update on its investigation into the suspicious spike in the Australian dollar that occurred seconds before the RBA announced it was keeping cash rates on hold at 2.25% on April 7, finding that so far it has been linked to automated ...

May cut, may not

BENJAMIN ONG  |  MONDAY, 4 MAY 2015
Getting hot, hot, hot. Betting on whether the Reserve Bank of Australia (RBA) would take down the official cash rate from a record low 2.25% to a lower 2.0% following its May Board meeting tomorrow heats up. Bloomberg's latest survey says... 24 out ...

Young investors happier with advisers

DARREN SNYDER  |  FRIDAY, 1 MAY 2015
Younger investors' perception of financial advisers is generally positive and improving, according to a recent survey commissioned by Lifeplan. The April survey of 409 investors showed under-30s now sit second to over-60s in terms of adviser satisfaction ...