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| | | ... yesterday's local losses. Higher gold and oil prices had not stopped the US market finishing higher overnight, he said. "Ours is behaving in a similar way; we're actually looking okay," he said. "It's been led mainly by the resources. The banks were ... |
| | | | ... Scully said, "We have just got to the stage where brokers have stopped asking us how the product works and started asking how ours is different from other providers. "We are confident of the strengths and continuing demand for our product. We expect ... |
| | | | Financial planners could become irrelevant if they don't change the way they deliver advice to baby boomer and retired clients, according to Tom Collins, The Tom Collins Consultancy managing director. Speaking at the Rainmaker Marketing Symposium, Collins ... |
| | | | Grant Samuel Funds Management has bought Octaviar's equity stake in boutique Australian equity fund manager, Tribeca Investment Partners. As a result, Grant Samuel has been appointed Tribeca's external distributor. "Our strategy is to align ourselves ... |
| | | | Rabo Financial Advisers (RFA) is set to boost its risk insurance relationships with Aviva, Asteron and CommInsure after they were identified as leaders in providing risk insurance to primary producers and regional businesses. The financial planning ... |
| | | | As agriculture continues to outperform, the push for sustainable biofuels will only increase investor appetite for investment opportunities in the sector. According to the Commonwealth Bank, "Australia's listed agribusiness sector has significantly ... |
| | | | JPMorgan Worldwide Securities Services has purchased the institutional custody portfolio of Nordea, one of the largest Nordic banks with $342.5 billion in assets under custody. According to a JPMorgan Worldwide Securities Services (JPMorgan), the deal ... |
| | | | The UK based Financial Services Authority (FSA) has overhauled its staffing and reviewing methods after an internal investigation found it failed to properly review Northern Rock's liquidity crisis. In February, Newcastle-based Northern Rock sought ... |
| | | | ANZ may be preparing investors for a capital raising. It is also noteworthy that ANZ and its CEO Mike Smith are taking the lead - given NAB and John Stewart took the opposite position in an interview with The Australian (and abstracted here) a couple ... |
| | | | ... big five, St George, Suncorp, BankWest, ING and Adelaide Bank are all funding the sort of mortgage lending that groups like ours are doing." McKeon said the business was still ticking over. AFG wrote $2.5 billion of residential mortgages and $200 million ... |
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