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Market Wrap

AAP  |  WEDNESDAY, 24 APR 2013
The Australian market looks set to open higher after strong rises on international markets overnight as traders focused on corporate earnings and brushed aside weaker-than-expected economic data out of Germany and China. At 0744 AEST on Wednesday, the ...

Financial Synergy to release SuperStream-friendly platform

LAURA MILLAN  |  TUESDAY, 23 APR 2013
Software provider Financial Synergy announced today that it will be releasing an updated and SuperStream-friendly version of its Acurity administration platform. The release adapts the platform to Stronger Super legislative changes such as MySuper ...

Fund managers tip great returns on US investments

MARK SMITH  |  TUESDAY, 23 APR 2013
... for US GDP to accelerate into 2014," Potter explained. "Whilst the market has had a good run of late, and the S&P 500 is close to reaching a record high, the US has lagged other developed markets, even since the current risk-on rally began in the middle ...

Three arrows hitting the spot

BENJAMIN ONG  |  TUESDAY, 23 APR 2013
... money for investors so far this year - up 11.0% and 9.0%, respectively - than those invested in Japan. As at yesterday's close of trading, the Nikkei-225 index has earned believers in "Abenomics" and the freshly-coined phrase "the three arrows" a big ...

BNP Paribas creates client-focused roles

LAURA MILLAN  |  TUESDAY, 23 APR 2013
BNP Paribas Securities Services (BNP) has restructured its client relationships services and created two new client-focused roles: head of Client Strategy and Communications and head of relationship management. Former head of Asset Manager Client Relationships ...

Market Wrap

AAP  |  TUESDAY, 23 APR 2013
... earnings and housing data from the US. On the the foreign exchange markets the US dollar dominated sentiment as it spiked close to the 100 yen mark after the G20 cautiously endorsed the Bank of Japan's huge stimulus measures despite wariness from emerging ...

EQT offer is undervalued and opportunistic: The Trust Co

LAURA MILLAN  |  MONDAY, 22 APR 2013
... than 30% excluding profits on investment disposals and costs associated with the takeover offer. The offer is scheduled to close at 7pm Melbourne time on May 6, 2013 unless withdrawn or extended.

Market Wrap

AAP  |  MONDAY, 22 APR 2013
The Australian market looks set to open higher following gains on international markets as investors eyed the G20 summit and upcoming IMF and World Bank spring meetings focused on global economic strains. At 0816 AEST on Monday, the June share price ...

Switzerland falling out of favour with UHNWs

MARK SMITH  |  FRIDAY, 19 APR 2013
Switzerland will lose its status as the private banking capital of the world by 2020, according to a new WealthInsight report. The research group, which tracks global trends in the ultra high net worth segment of the market, said it expected Singapore ...

May's not far away

BENJAMIN ONG  |  FRIDAY, 19 APR 2013
It's getting close. It's less than two weeks away. Then we're in May -- that month of the year when the old Wall Street adage tells investors everywhere to sell and go away. And right on cue, the financial news are getting gloomier. We've already touched ...