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Market Wrap

AAP  |  MONDAY, 18 MAR 2013
The Australian market is set for weak start after Wall Street's long run of consecutive gains came to a halt on Friday. At 0745 AEDT on Monday, the March share price index futures contract was down 23 points at 5,099. On Monday, the Australian Bureau ...

EM managers eye huge super fund opportunity

MARK SMITH  |  FRIDAY, 15 MAR 2013
... into this asset class over the next five or 10 years," said Feriani. With so many managers competing for so few mandates the big question is how each differentiates itself. Feriani says that a track record is one of the first things that super fund CIO ...

Voting opens for the 2013 Rainmaker Excellence Awards

STAFF JOURNALIST  |  FRIDAY, 15 MAR 2013
... them in the areas of business development, advertising strategies and print/online marketing campaigns. "Rainmaker has been a big supporter of sales and marketing innovation in financial services and we are proud to be running this event for the 18 th ...

Jobs a-plenty but not if Gillard could help it

BENJAMIN ONG  |  FRIDAY, 15 MAR 2013
... hours worked in February indicates further improvement in the domestic labour front in coming months. However, there's one big fly in that ointment and thy name is Gillard. In her bid to be liked and therefore voted in for another term, she has announced ...

Zurich launches automated risk data feed

LAURA MILLAN  |  THURSDAY, 14 MAR 2013
Zurich Financial Services announced this week the launch of automated risk data feeds for advisers, which is available through the XPLAN financial planning program. Advisers can use this tool to access in-force policy and client information, which is ...

The Celtic Tiger gets back its roar

BENJAMIN ONG  |  THURSDAY, 14 MAR 2013
... shopping centres, ey? While everybody and his dog goes Dow watching, to the left of the United Kingdom on google maps is making big strides of its own, and its name is Ireland. Yes, Virginia the country known as 'The Celtic Tiger' that's turned into ...

Adviser-client communication directly linked to profits: survey

LAURA MILLAN  |  WEDNESDAY, 13 MAR 2013
... practices," AIA Australia head of retail Pina Sciarrone said. To Business Health partner Terry Bell, "it's not a matter of how big the company is because today new technologies allow any adviser to establish a communication plan without incurring big ...

UK multi-asset favourite pushes for super fund mandates

MARK SMITH  |  WEDNESDAY, 13 MAR 2013
One of the UK and US's best selling managed investment funds is now being marketed to Australian institutional investors. The Standard Life Investments Global Absolute Return Strategies (GARS) fund has attracted more than $30 billion funds under management ...

Market Wrap

AAP  |  WEDNESDAY, 13 MAR 2013
The Australian market is set to open higher as Wall Street posted a small rise and on better news from Spain, where borrowing costs eased. At 0820 AEDT on Tuesday, the March share price index futures contract was up nine points at 5,123. In economic ...

Market Wrap PM

AAP  |  TUESDAY, 12 MAR 2013
... strategist Stan Shamu said. "We're just a touch higher at the moment," he said. "Yesterday what was driving the gains was some big moves in some banks - we had Commonwealth Bank trading through $70. "We just see that there's a little bit of nervousness ...