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Ipac head of technical services joins Perpetual

LAURA MILLAN  |  WEDNESDAY, 22 JUL 2015
Head of technical services at AMP-owned ipac Securities has stepped down from his role to join Perpetual Private as head of strategic advice. Colin Lewis had led ipac's technical services team for the past 14 years and has over 20 years' experience ...

Greece, China damage global hedge fund returns

LAURA MILLAN  |  WEDNESDAY, 22 JUL 2015
... creditors and stay in the Eurozone. Despite losses in these key regions, Japanese and Latin American hedge funds emerged as top performer in June and they were up 0.39% and 0.29% respectively. Even if the Nikkei 225 was experiencing volatility as a consequence ...

The "old economy" that is Australia

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2015
... a lotsa help from the Fed. Sure, the Nasdaq's doing better - up 137.5% -- but it would have taken those who bought at the top (March 2000) 15 years and a bit to recoup their entry prices... and that's assuming the stocks they bought haven't gone bye-bye ...

Market to open lower

AAP  |  WEDNESDAY, 22 JUL 2015
... of the gains won over the previous nine trading days as the Greek debt crisis eased. London's benchmark FTSE 100 index of top companies slid 0.29 per cent to close at 6,769.07 points on Tuesday. In the eurozone, the CAC 40 in Paris shed 0.70 per cent ...

KKR invests in German fibre-optics via $4.2bn infra fund

ALEX BURKE  |  TUESDAY, 21 JUL 2015
... broadband coverage with at least 50 megabit-per-second by 2018." "We are excited to partner with Reggeborgh in building a top infrastructure company," KKR head of Europe, Africa and Middle East Johannes Huth said. "With our capital resources and experience ...

Philanthropic LICs a triple win: Wilson

LAURA MILLAN  |  MONDAY, 20 JUL 2015
... and they're helping." For small Australian fund managers, Future Generation is also a way to market their funds alongside top star managers. At the same time, global fund managers seem to be looking at Wilson's latest initiative, the Future Generation ...

SPECIAL REPORT: Let's talk about managed accounts

A joke that's done the rounds on managed accounts is that they've been "the next big thing" for two decades running. Launched in the mid-1990s, managed accounts were the sparkly space age pen of investment portfolios. Just one slight hitch - pencils ...

Market to open flat

AAP  |  MONDAY, 20 JUL 2015
... boost as the EU approved a 7 billion euros ($A10.28 billion) bridge loan for Athens. London's benchmark FTSE 100 index of top companies slid 0.31 per cent to end at 6,775.08 points, while in Frankfurt the DAX 30 shed 0.37 per cent to 11,673.42 points. ...

Consensus emerging on Tax White Paper

DARREN SNYDER  |  THURSDAY, 16 JUL 2015
... but there appears "strong support for the retention of our system of dividend imputation." The Treasurer said in 2012, the top 10% of individual taxpayers paid nearly half the personal income tax collected by the government, and this "is an over-reliance ...

Advisers should beware industry "frenemies"

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
... advisers of the 799 clients surveyed for the white paper even had a mobile-optimised website. "And we were working with the top 20% of advice practices in the country," he added. The message of the Connected Convenience paper was clear - that advice ...