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| | | The rise of high frequency trading and new exchanges coming to Australia will force fund managers to become even more selective when choosing their brokers. While the challenges brought on by increased technology and trading venues are mainly shouldered ... |
| | | | AXA Australia will soon release the next generation of its successful North platform, gaining support from merger partner AMP. A broad range of licensees currently uses the North platform, launched in 2007, with the platform's funds under management ... |
| | | | The National Australia Bank has bought a 35 per cent interest in a global real estate fund manager, increasing its exposure to property in North America, Europe and Asia. The purchase of New York-based fund AREA Property Partners gives the bank's asset ... |
| | | | ... International Group fell 0.6 per cent. AIG repaid $US6.9 billion ($A6.85 billion) to the US Treasury Tuesday thanks to the sale of its equity stake in US rival MetLife. Electronics manufacturer Texas Instruments plunged 3.1 per cent after lowering forecasts ... |
| | | | Driven by high at-call interest rates and the post-GFC austerity wave, consumers are flocking to retail deposit accounts with $62 billion deposited in the December quarter alone. The surge pushed bank deposit holdings to $1.5 trillion, 15 per cent more ... |
| | | | Senior members of AXA management take less pronounced roles in the restructured AMP team following court approval of the $14 billion merger. Four AXA executives make the journey to AMP, following in the footsteps of chairman Rick Allert and director ... |
| | | | Jeremy Cooper, the newly appointed chair of Challenger Retirement Income, spoke at an adviser roadshow about the threats of longevity, inflation and market risks on retirement savings, raising concerns that most portfolios are too equities-focused in ... |
| | | | The Australian sharemarket at noon on Friday was higher, after encouraging US economic data helped US stocks make strong gains and provided a positive lead. At 1200 AEDT, the benchmark S&P/ASX200 index was up 48.5 points, or 1.01 per cent, at 4,854.9 ... |
| | | | The Australian market has received strong, positive leads from offshore trading overnight, with key indices on Wall Street and in Europe clearly higher. Oil and precious metals fell, as investors turned away from their search for safe havens. On the ... |
| | | | The Australian dollar was higher on Tuesday, as the market waits on the results of the central bank's board meeting later in the day. At 1200 AEDT on Tuesday, the local unit was trading at 101.93 US cents, up from 101.75 cents on Monday. Since 0700 ... |
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