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Go flip a coin

BENJAMIN ONG  |  THURSDAY, 23 APR 2015
... 'Boss of Me' The question - again - is will the Reserve Bank of Australia (RBA) cut interest rates on the first Tuesday of next month? With barely two weeks to go and armed with the latest inflation update that the Australian Bureau of Statistics (ABS) ...

Market Wrap AM

AAP  |  THURSDAY, 23 APR 2015
... ($A1.74 billion). LONDON - Europe's main stock markets diverged as investors reacted to mixed corporate news and awaited the next moves concerning Greece. London's benchmark FTSE 100 index ended the day down 0.49 per cent to 7,028.24 points, while the ...

Appetite for managed funds growing

MARK SMITH  |  WEDNESDAY, 22 APR 2015
... open to considering an unlisted managed fund investment, including 7% who intend to make a managed fund investment in the next 12 months. The growing interest is partly driven by a growing desire for greater diversification in domestic and international ...

CBA advisers ran from ASIC

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
... compensation process had taken longer than customers might have hoped, saying that it would continue "this year and most of next year." "We have 400 people working on a file-by-file process going back more than 10 years, and the file recording process ...

BOE no change, no worries

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2015
... But until then, expect the BOE to continue copying and pasting its monetary policy statement from the previous month to the next.

Super funds too small for activism

LAURA MILLAN  |  MONDAY, 20 APR 2015
... investigate alternative strategies like activism." But the paper noted that, with strong inflows into superannuation over the next decade and solid investment returns, "it should not be too long before the large superannuation funds reach the size of ...

The bad and the bad and the bad

BENJAMIN ONG  |  MONDAY, 20 APR 2015
... brokerages - Citic Securities, Haitong Securities and Guotai Junan Securities - from opening new margin trading accounts for the next three months. For every stock that rose on the index, nine fell." The Shanghai Composite Index has appreciated by 37.6% ...

Investors misunderstand smart beta: AXA IM

MARK SMITH  |  FRIDAY, 17 APR 2015
... to follow the same rules," Hurt said. "Re-worked indices solve a problem for investors today but will be vulnerable to the next crisis, whatever it may be." He argues that true-to-label smart beta products should have a tacking error of around 6%-8% ...

Market Wrap AM

AAP  |  FRIDAY, 17 APR 2015
... creditors. International Monetary Fund chief Christine Lagarde played down talk of Greece delaying its debt payment to the Fund next month. Citigroup gained 1.5 per cent after first-quarter net income rose about 21 per cent to $US4.8 billion on lower ...

Midwinter launches scaled advice division

LAURA MILLAN  |  THURSDAY, 16 APR 2015
... been involved in so much of the activity occurring," Midwinter director James Murphy said. "We see many opportunities in the next twelve months from planners and advice firms investing in technology to improve their productivity and engagement with clients," ...