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How to understand emerging markets

STAFF WRITER  |  THURSDAY, 25 SEP 2014
The emerging markets investment landscape is best understood in terms of country blocs that perform similarly as the macro environment evolves, according to Investec Asset Management Global Strategist, Dr Michael Power. Power presented an analogy where ...

Market Wrap AM

AAP  |  THURSDAY, 25 SEP 2014
The Australian market looks set to open higher following solid gains on Wall Street as a strong housing report helped equities regain ground. At 0810 AEST on Thursday, the December share price index futures contract was up 23 points at 5,402. Locally ...

Super funds launch mental-illness claims benchmark

JAMES FERNYHOUGH  |  WEDNESDAY, 24 SEP 2014
Industry fund-sponsored organisation SuperFriend has today released detailed quantitative research on mental illness-related claims through group insurance, a project it has called the Super Mental Illness National Data (SuperMIND) Project. The research ...

Govt to amend fund merger tax laws

ALEX DUNNIN  |  WEDNESDAY, 24 SEP 2014
... benefits are rolled over to another fund as part of a merger between funds." Submissions regarding the proposed legislation close on 20 October.

Market Wrap AM

AAP  |  WEDNESDAY, 24 SEP 2014
... activity in the 18-nation eurozone slowed further in September, adding to concerns that a sluggish economic recovery could be close to stalling. The Markit composite purchasing managers index fell for a second consecutive month, hitting a nine-month ...

The ECB can't make the horse drink

BENJAMIN ONG  |  WEDNESDAY, 24 SEP 2014
... points more than consensus expectations to be exact. These numbers were enough to send the S&P/ASX 200 index up 1.0% at the close of yesterday's trading - after slumping below its 2014 opening levels in early trade. These numbers relate to HSBC's flash ...

Market Wrap AM

AAP  |  TUESDAY, 23 SEP 2014
... index dropped 0.94 per cent to 6,773.63 points and in Paris the CAC 40 slid 0.42 per cent to 4,442.55 compared with Friday's close. Frankfurt's DAX 30 index had initially been lifted by the announcement that Merck KGaA is to buy US speciality chemicals ...

Market wrap

AAP  |  MONDAY, 22 SEP 2014
... weaker at $31.52. In the resources sector, sliding iron ore and gold prices were taking a toll. Rio Tinto was down $1.06, or close to two per cent, at $60.53, BHP Billiton was down 23 cents at $35.25 and Fortescue Metals was 12 cents lower at $3.64. ...

BOQ reaches $17 million settlement with Storm victims

LAURA MILLAN  |  MONDAY, 22 SEP 2014
Bank of Queensland (BOQ) will pay $17 million to customers who were victims of Storm Financial as part of the legal proceedings of a class action brought against the bank. The net impact after tax to BOQ will be of $22.1 million, which includes all ...

Market Wrap AM

STAFF WRITER  |  MONDAY, 22 SEP 2014
... soared following a record initial public offering. The Dow Jones Industrial Average advanced 13.75 points (0.08 per cent) to close on Friday at 17,279.74. The S&P 500 finished down 0.96 of a point (0.05 per cent) at 2,010.40, narrowly missing a record ...