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Showing 2721 - 2730 of 5917 results for "March 2011"

Nikko downgrades equities stance

MARK SMITH  |  FRIDAY, 2 OCT 2015
Nikko Asset Management has downgraded its house view on global equities from overweight to neutral to reflect stock prices reaching what it believes to be fair value, particularly in the US. The global fund manager has been positive on stocks since ...

AMP advice adds Van Eck ETFs

STAFF WRITER  |  WEDNESDAY, 30 SEP 2015
Two Van Eck exchange-traded funds have been added to the AMP approved product list. The Market Vectors Australian Equal Weight ETF and Market Vectors Australian Banks ETF will now be available to advisers at AMP Financial Planning, Charter Financial ...

Equipsuper invests in fintech, robo-advice firm

LAURA MILLAN  |  MONDAY, 28 SEP 2015
Equipsuper has invested in a fintech startup that will develop the fund's digital advice and investment platform. Clover is a Melbourne-based financial technology company that offers an automated investment service. The platform adopts a goals-based ...

Macquarie announces new chair

ALEX BURKE  |  MONDAY, 28 SEP 2015
Macquarie Group has filled its vacant chairman position. On 31 March 2016, Peter Warne will succeed outgoing chair Kevin McCann, who announced his retirement from the position on September 24. Warne is currently a non-executive director at the group ...

Life risk sales bounce back

ALEX BURKE  |  FRIDAY, 25 SEP 2015
Individual life insurance sales are recovering after two poor quarters, according to DEXX&R research. DEXX&R's life analysis report for the June quarter shows that new business in the sector grew by 15% on the March quarter to $321 million. As reported ...

Japanese life giant to acquire rival

ALEX BURKE  |  MONDAY, 21 SEP 2015
Nippon Life has announced it has reached an agreement to acquire Mitsui Life. Following industry speculation in August that Nippon, Japan's second-biggest life insurer, was planning to acquire Mitsui in September, the two companies have jointly announced ...

ASIC bans former NAB-aligned adviser

ALEX BURKE  |  THURSDAY, 17 SEP 2015
ASIC has banned a former adviser from Meritum Financial Group, which is wholly owned by NAB. Alfie Chong worked at Meritum from September 2005 to March 2006, and then July 2007 to June 2014. During that time, ASIC has alleged that Chong engaged in a ...

Lift Janet lift

BENJAMIN ONG  |  FRIDAY, 11 SEP 2015
We're now heading into the home stretch people - the weekend before the week the Fed meets and decides. The FOMC has a full week from today to make up its mind and us, lesser mortals, the same time to speculate and rumour-monger about what on Janet ...

Former Madison FG adviser banned

ALEX BURKE  |  TUESDAY, 8 SEP 2015
ASIC has banned a former Madison Financial Group adviser for five-and-a-half years. Michael Kolody worked as a Madison representative between July 2010 and January 2014. ASIC's statement said that during that time, he provided inappropriate advice ...

Yuan stable (for now)

BENJAMIN ONG  |  TUESDAY, 8 SEP 2015
News that China has revised its 2014 growth estimate from 7.4% -- the lowest in almost 25 years and missing its 7.5% target for that year - to 7.3% may have raised only a few eyebrows but it certainly added fuel to accusations that the People's Bank ...