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Showing 2711 - 2720 of 5518 results for "September 29 2013"

Market Wrap AM

AAP  |  WEDNESDAY, 4 DEC 2013
The Australian market looks set to open lower following falls on Wall Street amid concerns that the US Federal Reserve will scale back its bond-buying program more quickly than previously thought. At 0825 AEDT on Wednesday, the December share price ...

Market Wrap AM

AAP  |  TUESDAY, 3 DEC 2013
The Australian market looks set to open lower following falls on international markets. At 0859 AEDT on Tuesday, the December share price index futures contract was down 29 points at 5,257. In economic news on Monday, the Reserve Bank of Australia holds ...

Adviser forced to pay back $684,000

LAURA MILLAN  |  THURSDAY, 28 NOV 2013
A former financial adviser has been forced to pay back $684,000 to five clients after he was convicted for providing inappropriate advice. Kevin Maxwell George Whitting recommended his clients to invest the money in the Blue Diamond Deposits Trust No. ...

Market Wrap AM

AAP  |  WEDNESDAY, 27 NOV 2013
The Australian market looks set to open lower following mixed performances on world markets overnight. At 0847 AEDT on Wednesday, the December share price index futures contract was down 18 points at 5,365. In economic news on Wednesday, the Australian ...

Henderson set for first fund launch in Australia

MARK SMITH  |  FRIDAY, 22 NOV 2013
Henderson Global Investors intends to launch its first fund to Australian investors by the end of the year. The Henderson Global Equity Fund is a concentrated portfolio, comprising around 30-40 equally weighted stock positions. It has been managed by ...

David Murray to head financial system inquiry

MARK SMITH  |  THURSDAY, 21 NOV 2013
Future Fund inaugural chair David Murray has been appointed to head the inquiry into Australia's financial system, the Government has announced. Dubbed the "Son of Wallis" inquiry in reference to a similar inquiry led by Stan Wallis 16 years ago, the ...

Insurance profit falls 25% in 2013

LAURA MILLAN  |  WEDNESDAY, 20 NOV 2013
Insurance companies' results for the twelve months to September 30, 2013, reflect the struggle that the industry is going through at the moment, with a 26.5% fall in net profit after tax in the last 12 months. The net profit after tax stood at $2.2 ...

Most super funds shun in-house investment

LAURA MILLAN  |  TUESDAY, 19 NOV 2013
Most superannuation funds do not intend to insource their investment management over the next three years, despite the fact that some have made moves in this direction. As many as 77% of industry, retail, corporate and public sector super funds' chief ...

Cbus shifts custody from NAB to JP Morgan

JAMES FERNYHOUGH  |  TUESDAY, 19 NOV 2013
Industry super fund Cbus has confirmed that J. P. Morgan will be the fund's new custodian, after 20 years with National Australia Bank (NAB) Asset Servicing. J.P. Morgan will take over custody of Cbus' almost $25 billion funds under management in 2014. ...

Standard Life Inv GARS fund recommended by Lonsec

MARK SMITH  |  TUESDAY, 19 NOV 2013
Standard Life Investment's Global Absolute Return Strategies Trust (GARS) has been given a 'Recommended' rating by Lonsec. The multi-asset fund aims to deliver a positive absolute return over the medium to long-term in all market conditions. It invests ...