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BoJ now top 10 shareholder in 200 stocks

MARK SMITH  |  WEDNESDAY, 27 APR 2016
... central bank is currently buying up equity ETFs at a rate of ¥3.3 trillion ($38.3 billion) per year. This has seen it become a top 10 holder of more than 200 companies on the Nikkei 225 and a top five holder of more than 50. Policy makers don't disclose ...

XPLAN named best app

KERRIE SYDEE  |  TUESDAY, 26 APR 2016
The Investment Trends 2015 Planning Software Report has named XPLAN as the top rated financial planning application, achieving the highest score ever recorded in the report's 11 year history. Rubik COIN and AdviserNetgain were ranked second and third ...

Dissatisfied customers 'unreasonable', 'acting improperly': CBA

KERRIE SYDEE  |  FRIDAY, 22 APR 2016
Commonwealth Bank chief executive Ian Narev has brushed aside calls for a royal commission, instead arguing that some customers were simply unreasonable. Addressing the topic of culture and improving culture within in the financial sector services during ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
... $57 million to enhance specific surveillance of the financial advice, responsible lending and life insurance industries. On top of this, the Government will also implement the proposed industry funding model for ASIC, so that costs will be recovered ...

Social media ETF proves possibilities are endless

MARK SMITH  |  WEDNESDAY, 20 APR 2016
... 25 stocks with the most bullish insight scores. The BUZZ Index looks at what the social media community is saying about the top 100 stocks, establishing whether the 'BUZZ' is positive, negative or neutral overall. The index pinpoints influencers on social ...

Aussie income managers underperforming

DARREN SNYDER  |  WEDNESDAY, 20 APR 2016
... unwind their dividend strategies. This can have a real impact on portfolios, especially those with larger weightings in the top 20 shares." Lonsec's latest Australian Equities Sector Review shows 13 out of 30 income funds covered by the firm failed to ...

Mercer Sentinel advising TCorp on custody

DARREN SNYDER  |  TUESDAY, 19 APR 2016
... developing in-house asset consulting capability to serve client agencies." In June last year TCorp became one of Australia's top 10 asset managers after State Super outsourced its funds management activities to the investment giant. It was the final ...

More numerate less likely to open SMSF

DARREN SNYDER  |  FRIDAY, 15 APR 2016
... population demographics. There was a higher proportion of SMSF members aged over 55. Of those who had already started an SMSF, the top five reasons for starting included: choosing own investments, self-managing a fund, minimising tax, transition to retirement ...

Super funds presented in-housing framework

DARREN SNYDER  |  THURSDAY, 14 APR 2016
The path for superannuation funds insourcing their investment management has become clearer with researchers developing an industry framework that tackles in-housing complexities. The framework was presented at a recent Centre for International Finance ...

Largest five banks all Asian

MARK SMITH  |  THURSDAY, 14 APR 2016
The world's five largest banks are all based in Asia, and China-headquartered banks made up the top four, according to S&P Global Market Intelligence's latest global bank rankings, while Australian banks have slipped down the rankings. The three largest ...