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Showing 3551 - 3560 of 7101 results for "June 2011"

The good oil

BENJAMIN ONG  |  WEDNESDAY, 15 OCT 2014
Say it again, Homer. "I'm in a place where I don't know where I am!" For those who've just tuned in, Wall Street was going, even sending the S&P 500 index up by 1.3% overnight, until it slipped... on oil. The action du' nuit is captured in Bloomberg's ...

Low cost retail jumps 82pct

STAFF WRITER  |  MONDAY, 13 OCT 2014
While Rainmaker estimates the low cost retail segment to amount to less than $10 billion, the segment is inline for rapid growth underpinned by the MySuper transition and impact of FOFA. Rainmaker has just released its June 2014 Advantage report containing ...

I wish I may, I wish I might

BENJAMIN ONG  |  FRIDAY, 10 OCT 2014
Uh-oh, looks like the Wall Street seesaw has just been whipsawed. Wall Street's action - and their presumed causes -- over the past three days are summed up in Bloomberg's headlines over the past three days: S&P 500 Falls to Nine-Week Low on Global ...

Active fund failure shown in new data

MARK SMITH  |  WEDNESDAY, 8 OCT 2014
The vast majority of Australian active managed funds have under-performed their respective benchmark across virtually all sectors of the market over one, three and five years, the latest data from S&P Dow Jones Indices shows. The worst offending sector ...

LMCI: a new indicator is born

BENJAMIN ONG  |  TUESDAY, 7 OCT 2014
Mother's made an outing last Friday night in America - and she came bearing good tidings. Mother, of course, is the US non-farm payrolls report - considered "the mother of all economic statistics". US employment increased by 248K last month following ...

CFSGAM appoints Five Oceans founding member

MARK SMITH  |  THURSDAY, 2 OCT 2014
Colonial First State Global Asset Management (CFSGAM) has expanded its Australian equities team with the appointment of a new portfolio manager. Kim Tracey joins CFSGAM from boutique international equities manager Five Oceans Asset Management, where ...

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
Looks like Halloween has come early to Wall Street. Equity indices fell -- big time -- on 'The Street' right at the stroke of October. The Dow's down 1.4% (with Transport down 2.5%); the S&P 500 fell 1.3%; the Nasdaq's off 1.6% and the Russell 2000's ...

AIST attacks big-bank default grandfathering

JAMES FERNYHOUGH  |  WEDNESDAY, 1 OCT 2014
Bank-owned retail funds should be forced to roll all their default superannuation members out of high-fee products into low-fee MySuper products, according to the Australian Institute of Superannuation Trustees (AIST). AIST head of executive manager ...

Misleading PDS costs NAB $10,200

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
Making potentially misleading statements in a product disclosure statement (PDS) has seen National Australia Bank (NAB) get a $10,200 penalty from the Australian Securities and Investments Commission (ASIC). The regulator was concerned that the PDS ...

October h(a)unting

BENJAMIN ONG  |  WEDNESDAY, 1 OCT 2014
an you feel it? Can you feel it? Can you feel it? The heebie-jeebies, that is, coz it's October. September maybe the month which, on average, is the worst month of the year but October - few and far between they may be - is the month of spectacular ...