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| | | Managed accounts provider Mason Stevens has bought 2020 Funds Management Limited and 2020 DIRECTINVEST to create a new entity, One Capital Management. Mason Stevens and 2020 Funds Management product capabilities, with a new focus on the SMSF market ... |
| | | | It's a wrap! It took days of high drama to get there, but it got there eventually. That's the Greek second bailout package of course. Standard & Poor's didn't like it and lowered Greece's rating to "selective default". Moody's followed suit a few days ... |
| | | | The Australian stock market opened higher on Friday, led by the big miners after strong gains in the US overnight. At 1011 AEDT on Friday, the benchmark S&P/ASX200 index was up 27.7 points, or 0.65 per cent, at 4,283.2, while the broader All Ordinaries ... |
| | | | ... those grim headlines we read about yesterday all about? Those that went along the lines of, "we're doomed (again) because Big Ben's no longer our friend". Well, Big Ben's testimony before the US Congress continued overnight, again there was not even ... |
| | | | ... I'm not only 'LOL' but 'LMAO'. In his semi-annual Humphrey-Hawkins testimony to the US House Financial Services Committee, Big Ben noted the continued improvement in the economy but "the pace of expansion has been uneven and modest by historical standards." ... |
| | | | ... finished up 25.05 points (0.19 per cent) at 13,006.56 in closing trade. It was the highest finish for the 30-stock index of big US companies since May 2008. The tech-rich Nasdaq Composite climbed 20.61 points (0.69 per cent) to 2,986.77 at the closing ... |
| | | | ... post full year results. In Australia, the market on Monday closed lower, partly pulled back by market giant BHP Billiton, the big banks and some lingering political uncertainty. The benchmark S&P/ASX200 index was down 39.4 points, or 0.91 per cent, at ... |
| | | | ... the past few months provide a better-than-even chance that Wall Street might pull this one off without experiencing another big mid-year correction this time around. The big one of course is the continued improvement in the labour market. The US jobless ... |
| | | | ... problems that causes is they are wedded to the real estate, so even when markets changed and the capital markets really had a big influence, the real estate guys continued to see value." Kivell, who worked on property for the Macquarie Funds Group during ... |
| | | | ... believes that as more SMSF trustees move into the retirement phase, the focus will shift to regular income-styled products. "The big thing for the sector is the fact that there is so much cash currently caught up in the SMSF area and ultimately that ... |
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