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| | | ... 6.02 (0.37 per cent) to 1,626.67, snapping a string of five straight days of setting fresh closing records. Locally, the major banks mostly opened higher. Westpac surged 15 cents to $33.50, Commonwealth Bank jumped 45 cents to $71.49, National Australia ... |
| | | | ... managing risk and volatility, and we invest in up to 200 global listed infrastructure assets," explained Vassos. The fund has a major regional exposure to the US, with major sub-sector exposure to integrated regulated utilities such as The Southern Co ... |
| | | | ... general meeting scheduled in Port Moresby. In Australia, the market on Thursday closed flat, held back by weakness among the major banks and expectations of a pause on interest rate cuts following the release of encouraging jobs figures. The unemployment ... |
| | | | ... lower at $32.92. Lonsec senior client adviser Michael Heffernan said NAB's results were not as good as those of the other major banks. "Certainly, the international (market) moves were very positive last night, so you would have thought we would have ... |
| | | | ... Report, coming 7th overall out of the 25 platforms reviewed. The HUB24 platform has positioned itself as an alternative to major bank-owned platforms. "I think the opportunity for dealers to take greater control of their platform solutions makes this ... |
| | | | ... undiversified investments, would see SMSF fund members return to the government pension to fund their retirement. "There is a major risk for the federal government here, in that each fund owns what is effectively a put option back to the government," ... |
| | | | The proportion of investment organisations placing risk management as their highest priority has more than doubled since before the 2008 financial crisis, according to a new research by the Economist Intelligence Unit (EIU) commissioned by State Street ... |
| | | | ... career at Commonwealth Bank as a teller, was commended for his fund's consistently good investment performance. The other major award of the evening, Chief Operating Officer of the Year, was taken by First State Super chief operating offcier Graeme Arnott. ... |
| | | | Equity Trustees (EQT) is set to make a formal response on its position, after Perpetual announced to the market yesterday that it proposed to buy 100% of The Trust Company ordinary shares. In statement to the Australian Securities Exchange (ASX) this ... |
| | | | The Australian Securities and Investment Commission (ASIC) has warned financial services licensees to be cautious when hiring new advisers. The warning follows a string of actions against licensees for failing to comply with their Australian financial ... |
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