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Beware high correlations: AQR

MARK SMITH  |  FRIDAY, 6 JUN 2014
... sourced from throughout the broader Asia-Pacific region, with client relationships managed out of Australia, the total is close to US$20 billion as of May 1, 2014- almost one-fifth of AQR's total global assets under management. Although AQR's beginnings ...

Everything but the kitchen sink

BENJAMIN ONG  |  FRIDAY, 6 JUN 2014
Take that... and that... and that! Yes, Virginia, the European Central Bank (ECB) didn't disappoint market expectations - heavens forbid if it did - and acted, giving it all it's got, except for the proverbial kitchen sink (this it reserves for later). ...

Market Wrap AM

AAP  |  FRIDAY, 6 JUN 2014
The Australian share market is set to open higher after the European Central Bank launched aggressive measures to prevent deflation and stimulate growth. The moves sent Wall Street to new record highs, while European markets got a temporary boost. At ...

Market wrap

AAP  |  THURSDAY, 5 JUN 2014
The share market is flat in early trade as investors take a cautious approach ahead of an anticipated rate cut by the European Central Bank. Mining and energy stocks were the main movers, due to a rise in iron ore prices and Oil Search's increased full ...

AFA to recognise best adviser and best practice

LAURA MILLAN  |  THURSDAY, 5 JUN 2014
... Peter Sobels from Riskinfo, as well as Kristine Wade and Andy Marshall from Zurich. Award applications open 9 June 2014 and close 8 August 2014 with the winners announced at the AFA National Conference, in Cairns 11-14 October, 2014.

Market wrap

AAP  |  THURSDAY, 5 JUN 2014
The Australian share market is set to open higher after Wall Street rose amid mixed US economic data. At 0700 AEST on Thursday, the March share price index futures contract was nine points higher at 5,454. In economic news on Thursday, the bureau of ...

SSgA appoints head of intermediary business

STAFF WRITER  |  WEDNESDAY, 4 JUN 2014
State Street Global Advisors (SSgA) has appointed James MacNevin as head its intermediary business group for the Asia Pacific region, to lead the firm's expansion in this channel. SSgA's intermediary business group, which partners with financial intermediaries ...

ANZ reshuffle drops Australian chief economist role

MARK SMITH  |  WEDNESDAY, 4 JUN 2014
ANZ has scrapped the role of chief economist for Australia in a reshuffle of its economics and research team. The chief economist role was held by Ivan Colhoun. ANZ is now working to find him another role within the bank. The company has also has relocated ...

Waiting for the ECB to exhale

BENJAMIN ONG  |  WEDNESDAY, 4 JUN 2014
... the i's for immediate action. The region's unemployment rate ticked down in April from March's 11.8% but at 11.7% remains close to all-time highs... and this hides depression-like 20%-plus rates of joblessness in member nations like Spain (25.9% overall ...

Market Wrap AM

AAP  |  WEDNESDAY, 4 JUN 2014
... and stoking hopes of a rate cut on Thursday. HONG KONG - Asian markets mostly rose, taking their cue from another record close on Wall Street following improved manufacturing data in the United States and China. Tokyo closed up 0.66 per cent, or 98.33 ...