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| | | Central banks threw in the kitchen sink. In a coordinated move, six major world central banks each cut their benchmark target interest rate by 50 basis points in efforts to stem the global panic. The US Federal Reserve lowered the fed funds rate to ... |
| | | | The Australian Securities Exchange Commission (ASIC) moves to block offshore market speculators and traders from targeting the local stockmarket when it imposed temporary restrictions on short-selling of all listed Australian equities effective today. ... |
| | | | The world's major central banks have launched a joint effort to address the on-going liquidity crisis and stabilise financial markets. This failed in December 2007 when the economic and financial backdrop were much better, will it succeed this time? ... |
| | | | OzForex clients will now get access to margin trading facilities via an arrangement between the online foreign exchange service and CFD provider, CMC Markets. OzForex signed the deal today, which will allow users access to CMC Markets services via the ... |
| | | | ... world's major central banks will hold monetary policy meetings this week. The Reserve Bank of Australia (RBA), The Bank of Canada (BoC), the Bank of England (BoE) and the European Central Bank (ECB) will each decide their respective economies' interest ... |
| | | | Australians have emerged the victors of the wealth management race despite a global economic slowdown, new research shows. According to the AFG Global Funds Management Index, Australians amassed an average $70,385 per person in managed funds - emerging ... |
| | | | Sylvia Falzon has been appointed head of business development at Portfolio Partners. Falzon's appointment follows Aviva's announcement last month that it was merging ten of its global asset managers under one banner, Aviva Investors. As head of business ... |
| | | | The Federal Government's $59.6 billion Future Fund has beefed up its investment team after appointing five more senior executives. Nadine Lennie has been appointed to the role of Director, Private Markets and will work with Raphael Arndt to develop ... |
| | | | A week after Macquarie Bank announced its decision to get out of the Australian mortgage market, the group's US subsidiary Macquarie Mortgages Inc of Jacksonville, Florida, wrote to brokers informing them that it would no longer be accepting applications ... |
| | | | Aviva is merging ten of its global asset managers under one banner, Aviva Investors, creating a new $660 billion-plus player in the managed funds sector. From September this year, the merged operation will include UK-based Morley Fund Management, North ... |
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