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Showing 2201 - 2210 of 3230 results for "April 3"

Market Wrap PM

AAP  |  THURSDAY, 30 MAY 2013
Australian stocks have hit a six-week low after the OECD downgraded Australian and world economic growth forecasts, causing mining stocks to tumble. The downbeat prediction from the Organisation for Economic Co-operation and Development also hit US ...

Sunsuper adds to investment committee

ALICE URIBE  |  THURSDAY, 30 MAY 2013
Industry fund Sunsuper has appointed financial services industry veteran Justine Hickey to its investment committee. In April Hickey resigned from her position as director at Australian Ethical Investment (AEI). She had been the longest serving board ...

Volatile safe-haven bonds

BENJAMIN ONG  |  THURSDAY, 30 MAY 2013
Times like these, I really wish I had a twitter account and most importantly...know how to use it. Then I could just hashtag "what I said yesterday" and I'm done. Finito. Wall Street closed down overnight from up the night before. Like I said, markets ...

Adviser "enshrinement" bill passes through lower house

ALICE URIBE  |  WEDNESDAY, 29 MAY 2013
The House of Representatives has passed the Corporations Amendment (Simple Corporate Bonds and Other Measures) Bill 2013 with amendments to enshrine the terms 'financial adviser' and 'financial planner' in law. Currently under the C orporations Act ...

Deposits from adviser market boost ME Bank deposits

MARK SMITH  |  TUESDAY, 28 MAY 2013
Deposits from the adviser market have contributed to significant growth in customer deposits with ME Bank. The bank has tripled its deposit book to about $7 billion over the last three years to April 2013. ME Bank general manager network sales and relationships ...

Morphic global equities fund reaches $25m

LAURA MILLAN  |  TUESDAY, 28 MAY 2013
The Morphic Asset Management Australian Global Equities Fund has gone from $5 million in assets under management to more than $25 million since inception in August, 2012. The fund achieved returns of 2.8% in April, 2013, but it underperformed the MSCI ...

Market Wrap

AAP  |  TUESDAY, 28 MAY 2013
The Australian share market looks likely to continue to fall on Tuesday. At 0755 AEST the June share price index futures contract was 13 points lower at 4,938. Wall Street and London markets were closed overnight for holidays. In company news on Tuesday ...

Platinum remains bullish on Japan

ALICE URIBE  |  FRIDAY, 24 MAY 2013
Profits for Japanese companies are set to get higher despite the country already being in a bull market said Kerr Neilson, chief executive and founder of Platinum Asset Management. In an interview with Financial Standard, Neilson said the fund manager ...

AUI investors approve property fund merger

MARK SMITH  |  FRIDAY, 24 MAY 2013
Investors in Australian Unity Investments' (AUI) Second Industrial Trust (SIT) have voted in favour of a merge with AUI's Office Property Fund (OPF) at a meeting of investors in Melbourne. The proposal, which had the support of 89.8% of voters, will ...

Tides to turn for Platinum: Neilson

ALICE URIBE  |  THURSDAY, 23 MAY 2013
Platinum Asset Management's (Platinum) chief executive Kerr Neilson is confident that the fund will be able to turn around a period of underperformance in its flagship International Fund, saying that the current state of the market has turned to favour ...