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Market Wrap AM

AAP  |  FRIDAY, 6 FEB 2015
The Australian market looks set to open higher following a strong lead from Wall Street on the back of rebounding oil prices. At 0837 AEDT on Friday, the March share price index futures contract was up 39 points at 5,794. In local economic news on Friday ...

Easing here, there and everywhere

BENJAMIN ONG  |  THURSDAY, 5 FEB 2015
... PM Li now liking 7% growth. He's set to announce this "at the annual parliament session in March, [and was] was endorsed by top party leaders and policymakers at a closed-door Central Economic Conference in December". I could only speculate that the ...

Centuria creates key roles to support growth

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
Centuria Capital has created three new top roles to support the business's growth in unlisted property and in the development and distribution of its recently-launched investment bonds. Former AMP executive Neil Rogan has been appointed general manager ...

90 West Global Natural Resources awarded two ratings

STAFF WRITER  |  WEDNESDAY, 4 FEB 2015
... investors with diversified exposure to the mining, energy and agricultural sectors. The fund's investment philosophy combines both top-down and bottom-up approaches. 90 West and Henderson Global Investors entered into a partnership in April 2013 which ...

AMP Capital trims global infrastructure equity team

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
... restructure at the AMP Capital global infrastructure equity team has resulted in three redundancies among the fund manager's top ranks. AMP Capital head of infrastructure for Australia and New Zealand Paul Foster will leave the business, along with head ...

Retail funds still unable to match industry fund popularity

LAURA MILLAN  |  TUESDAY, 3 FEB 2015
... to 7.2% in the case of members with over $250,000 in their super. When looking at the funds individually, ESSSuper was the top fund by member satisfaction (81.3%), followed by Catholic Super (72.2%), HESTA (65.4%), Cbus (64.1%) and Health Super (63.5%). ...

When Japan is blah, the Eurozone is ugh and China is wow

MICHELLE BALTAZAR  |  TUESDAY, 3 FEB 2015
... the economic roadmap ahead is based on a "return to the old normal". On a five-year-trend growth forecast of the country's top exports, he said coal will fall down the list (-3.7% growth) while business travel and financial services - while coming from ...

CBA is top banking brand for 2014

ALEX BURKE  |  MONDAY, 2 FEB 2015
... which held it for two years. CBA's brand valuation has increased 37% to $9.2 billion, which has also propelled it into the top 10 global banking brands for value added. The Banking 500 study tracks global brand valuation in league tables and will be ...

PIMCO appoints vice president, client analytics

ALEX BURKE  |  FRIDAY, 30 JAN 2015
... allocation research. "Laura will enhance our client analytics infrastructure in Australia which will help clients solve their top-down investment challenges around asset and risk allocation while providing customisation for local issues facing super ...

Deflation is the Darth Vader of the economy

BENJAMIN ONG  |  THURSDAY, 29 JAN 2015
... It's the Darth Vader of the economy, the Death Star shooting a laser to blow up the Earth."" "Hyperbolic" and a bit over the top perhaps, but the message is the same, deflation is no good.