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Showing 3061 - 3070 of 6251 results for "December 29"

CBA wealth management FUA up 11%

MARK SMITH  |  WEDNESDAY, 11 FEB 2015
Commonwealth Bank's wealth management division contributed strongly to the bank's solid half-year result, increasing funds under administration by 11% and delivering outperformance from 85% of funds over three years. The bank reported a statutory net ...

ETFs up 48.3% to $15 billion

ALEX BURKE  |  TUESDAY, 10 FEB 2015
Exchange-Traded Funds (ETFs) grew 48.3% to $14.8 billion in the year to December 2014, according to market analysis by Plan For Life. iShares remains the leading ETF product provider with a 36.9% market share, followed by State Street Global Advisors ...

ASX appoints non-executive director

ALEX BURKE  |  MONDAY, 9 FEB 2015
Yasmin Allen has been appointed to the ASX board as a non-executive director. Allen has over 20 years' experience in investment banking and has held roles at Deutsche Bank, ANZ and HSBC. Currently she is a director at Cochlear Limited, Insurance Australia ...

It's raining jobs

BENJAMIN ONG  |  MONDAY, 9 FEB 2015
It's raining jobs...A hallelujah... it's raining jobs! Yes Virginia, I'm sure that you too are excited (and you can't hide it) seeing the latest instalment of the US non-farm payrolls report that showed most measures up. It was all up for the US labour ...

Market Wrap AM

AAP  |  MONDAY, 9 FEB 2015
The Australian market looks set to open slightly higher despite Wall Street losing ground after US stocks initially lifted on good jobs figures. At 0813 AEDT on Monday, the March share price index futures contract was up six points points at 5,758. ...

Currency warriors, mount horses and draw swords

BENJAMIN ONG  |  FRIDAY, 6 FEB 2015
"US Stocks Climb as Oil Gains, Pfizer Rises on Hospira Purchase" This was Bloomberg's take on the whys and the wherefores for the S&P 500 index's 1.0% rebound overnight after slipping by 0.4% the day before that was prompted by a 9% plunge in oil prices ...

MDS Financial Group to purchase Sequoia Wealth Group

ALEX BURKE  |  THURSDAY, 5 FEB 2015
Back-office software provider and broker MDS Financial Group (MDS) has signed a non-binding term sheet to acquire specialist financial advice firm Sequoia Wealth Group (SWG), it announced today. This follows MDS's acquisition of SWG's minority shareholder ...

ASIC to face legal action over Storm Financial

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
The Australian Securities and Investments Commission (ASIC) is facing a class action for its alleged delay in taking action against Storm Financial and for allegedly acting to protect the interests of major banks, particularly the Commonwealth Bank ...

Future Fund smashes its performance target in 2014

ALEX DUNNIN  |  THURSDAY, 5 FEB 2015
The Future Fund significantly outperformed super funds in 2014 thanks to its heavier weighting to US dollar investments and alternative assets. According to the Future Fund's latest portfolio update, the Australian de facto sovereign wealth fund earned ...

Easing here, there and everywhere

BENJAMIN ONG  |  THURSDAY, 5 FEB 2015
And an easing here, an easing there, everywhere an easing... Just a day after the Reserve Bank of Australia (RBA) joined the central bank surprise club and decided to ooh, ahh, "have what they're having", and two days after I typed on this space "and ...