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Showing 2121 - 2130 of 3289 results for "Smith"

Australia outstrips US and UK in online trading

MARK SMITH  |  THURSDAY, 22 AUG 2013
Australia's adoption of online share trading platforms is outstripping the US and UK, according to a recent Investment Trends report. More than 530,000 Australians placed at least one share trade in the 12 months to June 2013, equating to 3.2% of the ...

Hyperion joins Packer in taking Magellan profits

MARK SMITH  |  THURSDAY, 22 AUG 2013
Top-performing investment boutique Hyperion Asset Management has joined billionaire entrepreneur James Packer in selling down holdings in global equity and infrastructure fund house Magellan Financial Group. According to an update to investors on Hyperion's ...

Prime Value AM gets SIV approval

MARK SMITH  |  THURSDAY, 22 AUG 2013
Boutique Australian equities manager, Prime Value Asset Management, has become the latest fund house to cater for the foreign investors looking to gain residency in Australia via the Significant Investor Visa (SIV) program. Its flagship Prime Value ...

Aussie investors should have 90% of equity portfolio overseas

MARK SMITH  |  WEDNESDAY, 21 AUG 2013
While Australian investors now recognise they must broaden their horizons beyond domestic equities to take advantage of the growth opportunities available across the globe, favoured destinations like China and other South East Asian economies will not ...

US foreign exchange group sets up in Australia

MARK SMITH  |  WEDNESDAY, 21 AUG 2013
Toronto-based foreign exchange and global payments company Cambridge Mercantile Group has opened its Asia Pacific regional office in Sydney, recognising the increasing importance of the local currency. Cambridge said a strong economy has seen the Australian ...

Mason Stevens opens top Magellan fund to managed accounts

MARK SMITH  |  WEDNESDAY, 21 AUG 2013
Mason Stevens has launched the Magellan Global Equity Model Portfolio as a managed account. The portfolio is sub-advised by the Magellan investment team and mirrors the successful Magellan Global Fund, which has returned 39% to investors over the 12 ...

Austock Life appoints former senior BT executive

MARK SMITH  |  TUESDAY, 20 AUG 2013
Former senior BT executive Steve Newnham has joined Austock Life to manage its Northern Region distribution team covering NSW, QLD and NT. Previously, Newnham worked in senior management and distribution roles at BT, Zurich, Australian Ethical and Lonsec. ...

Trading platform bids to raise industry transparency standards

MARK SMITH  |  TUESDAY, 20 AUG 2013
A new initiative calling on all financial services firms to boost transparency has been launched by online trading specialist Saxo Capital Markets Australia (Saxo). Saxo will send a quarterly review to all its clients to check between clients' trading ...

SSgA launches cheap lifestyle funds

MARK SMITH  |  TUESDAY, 20 AUG 2013
State Street Global Advisers (SSgA) has unveiled a new suite of low cost lifestyle products, aimed at better protecting investors in or approaching retirement from GFC style shocks. The three Retirement Lifestyle Solutions are aimed at investors at ...

NAB Wealth flat as bank's profit rises 2%

MARK SMITH  |  TUESDAY, 20 AUG 2013
National Australia Bank (NAB) has described stable earnings in its wealth division as it reports a 2% rise in cash profit to $1.5 billion in its latest quarterly update. The bank followed AMP and ANZ in expressing concern about the performance of its ...