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Waiting for the RBA to dance

BENJAMIN ONG  |  TUESDAY, 7 FEB 2012
"What do you see You people gazing at me You see a doll on a music box That's wound by a key..." -- Doll on a Music Box All eyes are fixed on the RBA today. Will they? Won't they? Make it three (interest rate cuts) for three (Board meetings)? As far ...

Lloyd new Perpetual CEO, Ryan steps down

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
... of Perpetual's Irish in-house international equities business, a move to US managers Wellington Management Company and the sale of its self-managed super fund administration business, smartsuper. The change in distribution focus, which Lloyd was managing ...

Planners must return to strategy

ELISE BURGESS  |  MONDAY, 6 FEB 2012
Financial planners are acting more like investment advisers and product sellers instead of strategists as a result of rising requirement pressures, according to one adviser group managing director. Financial planners may be losing sight of their roles ...

The light, the light

BENJAMIN ONG  |  MONDAY, 6 FEB 2012
Reverend Cleophus James: Do you see the light? Elwood: What light? Reverend Cleophus James: Have you seen the light? Jake: Yes! Yes! Yes!... I have seen the light! - The Blues Brothers Yes, yes, yes, Virginia, gauging from the rally in equity and commodity ...

Bold predictions of US recovery

MELANIE TIMBRELL  |  THURSDAY, 2 FEB 2012
The US economy is bound for recovery this year on the back of stronger fundamentals, the Financial Standard Chief Economists Forum heard this week. Dr Bob Baur, chief global economist for Principal Global Investors pointed to positive indicators in ...

MTAA Super extends NAB Asset Servicing mandate

ELISE BURGESS  |  THURSDAY, 2 FEB 2012
MTAA Super Fund has renewed its custodial contract with the Asset Servicing division of National Australia Bank after a competitive tender process, continuing its 15-year relationship. NAB will continue to provide a full range of custodial services ...

Market Wrap - Midday

AAP  |  THURSDAY, 2 FEB 2012
Australian shares have posted strong gains after better-than-expected trade data boosted already buoyant mining stocks. Australian Bureau of Statistics (ABS) data showing a surge in exports and a widening trade surplus gave further impetus to mining ...

Market Wrap - Morning

AAP  |  THURSDAY, 2 FEB 2012
SYDNEY - The Australian market looks set to open higher following a strong positive lead from both the US and Europe overnight. At 0800 AEDT on Thursday, the March share price index futures contract was up 49 points at 4,242. In economic news on Thursday ...

Market Wrap

AAP  |  WEDNESDAY, 1 FEB 2012
Australian stocks have opened slightly higher after mixed leads from offshore bourses kept investors wary ahead of the start of the local earnings season. Wall Street ended lower after US gross domestic product (GDP) data missed expectations - despite ...

BetaShares appoints new head of portfolio construction

CLAIRE MCGREAL  |  WEDNESDAY, 1 FEB 2012
Specialist ETF provider BetaShares has named Dr Tony Rumble in the newly created position of head of portfolio construction. Rumble's new role on the distribution team will see him lead BetaShares' asset allocation and portfolio construction strategy. ...