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Investors return to active global equities managers

MARK SMITH  |  FRIDAY, 6 JUN 2014
Active managers in the global equities space are back in favour following an extended period of outflows, according to Fidelity portfolio manager Amit Lodha. Between 2008 and 2012, active global equity funds saw net outflows of US$825 billion (A$870 ...

150,000 candidates cramming for CFA exams

MARK SMITH  |  THURSDAY, 5 JUN 2014
Almost 150,000 candidates from 179 countries are gearing up to sit six hours of examinations for their Level I, II and III CFA qualifications on Saturday. The number of exam registrations for this year's December 2013 to June 2014 exam cycle exceeds ...

Market Wrap AM

AAP  |  WEDNESDAY, 4 JUN 2014
... cemented expectations that the European Central Bank would implement monetary easing later this week. London's FTSE 100 index of top companies dropped 0.41 per cent to 6,836.30 points, while Frankfurt's DAX 30 shed 0.31 per cent to 9,919.74, and the ...

FEAL to recognise top superannuation CIOs and COOs

STAFF WRITER  |  TUESDAY, 3 JUN 2014
The country's leading superannuation chief investment officers and chief operation officers will be recognised at a national CIO & COO Awards through a joint initiative by industry body FEAL and fund manager La Trobe Financial. FEAL has teamed up with ...

IOOF and SFGA union rattles top ranks

LAURA MILLAN  |  MONDAY, 2 JUN 2014
The increasingly concentrated Australian financial services industry is about to be shaken by a merger that will position an independent provider on the front row for the first time in years. IOOF's bid to acquire SFG Australia (SFGA) shows that the ...

Super returns dampen but still double digit

STAFF WRITER  |  MONDAY, 2 JUN 2014
... respectively and cash returned 2.7%. Direct property and A-REITs meanwhile maintained their respective 9% and 3% results. The top five Workplace super funds (by default options) over the 12 months were REST with 14.2%, Telstra Super with 13.4%, HostPlus ...

Market Wrap AM

AAP  |  MONDAY, 2 JUN 2014
... coming closer to the unbroken 10,000 barrier despite German retail sales unexpectedly falling. London's FTSE 100 index of top companies dropped 0.39 per cent to 6,844.51 points, penalised by mining shares, and the CAC 40 in Paris shed 0.24 per cent to ...

SFGA top exec leaves following IOOF bid

LAURA MILLAN  |  FRIDAY, 30 MAY 2014
SFG Australia (SFGA) company secretary and chief financial officer will depart to take up a position with Commonwealth Bank (CBA), only two weeks after IOOF made an offer to acquire SFGA. Linda Fox will start on her new role at CBA on July 11 but will ...

Win entry to the MAX awards

... been waiting on three good reasons to attend MAX here they are; 1) The Adviser's Wish list - we invite three of the country's top financial advisers to tell us what new products and services they predict will be a hit with their clients. 2) Advertising ...

Market Wrap AM

AAP  |  WEDNESDAY, 28 MAY 2014
... points. During the session it rose as high as 9,951.90 points. Coming back from a long holiday, London's FTSE 100 index of top companies climbed 0.49 per cent from Friday's closing level to stand at 6,844.94 points. The CAC 40 in Paris added 0.06 per ...