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Showing 5511 - 5520 of 9320 results for "Red"

ASX and Bank of China sign major agreement

MARK SMITH  |  WEDNESDAY, 19 NOV 2014
ASX and the Bank of China have signed a heads of agreement to develop the Renminbi (RMB) as a currency in Australia's financial markets. The heads of agreement complements the recent appointment of the Bank of China as the official RMB clearing bank ...

One swallow says it's springtime for Germany

BENJAMIN ONG  |  WEDNESDAY, 19 NOV 2014
One month's tick up in a single index is all it took for euro area financial markets to go loco. Yes Virginia, they've gone loco over reports that economic sentiment in the region's locomotive - Germany -- rebounded (big time) in November after falling ...

FoFA disallowance could put industry into breach of law

LAURA MILLAN  |  WEDNESDAY, 19 NOV 2014
... has been adhering to these regulations for nearly five months." He noted that "the original FoFA reforms created unnecessary red tape and compliance driven processes that did not achieve the then Minister's stated aim of improving the quality of advice ...

AMP to wind up Genesys licence

LAURA MILLAN  |  TUESDAY, 18 NOV 2014
AMP Group will close the Genesys dealer group and will offer practices under the dealership a "smooth transition" to other AMP licensees. An AMP spokesperson confirmed that the group has undertaken "a strategic review of the Genesys business over the ...

Japan did it again

BENJAMIN ONG  |  TUESDAY, 18 NOV 2014
How many Prime Ministers does it take to fix the Japanese economy? Sixteen... and is still counting. That's the number of times Japan has changed its leader since 1990 when the economy did a Humpty Dumpty. Twenty four years on and all 16 kings - and ...

Non-aligned licensee inquiries to rise in 2015

LAURA MILLAN  |  MONDAY, 17 NOV 2014
Independence, the flexibility to build an approved product list and cheaper, more advanced technology and platforms are encouraging more advisers to leave large licensees and strike out on their own. The big four banks and AMP have collectively seen ...

ASIC intervenes non-compliant Aurora listed funds

LAURA MILLAN  |  FRIDAY, 14 NOV 2014
Aurora Funds Management has entered into an enforceable undertaking (EU) with the Australian Securities and Investments Commission (ASIC) after the regulator identified compliance failings in some of its listed investment schemes. ASIC is concerned ...

State Street partners with wealth management tech provider

MARK SMITH  |  THURSDAY, 13 NOV 2014
State Street and FNZ Australia have formed a partnership giving State Street's Australian clients access to FNZ's wealth management technology solutions. The combined solution brings together FNZ's global platform technologies and State Street's custody ...

Bond experts reiterate need for flexible duration strategy

MARK SMITH  |  TUESDAY, 11 NOV 2014
Managing duration is the key to reducing risk as the 30-year bond market bull-run comes to a close, according to a number of fixed income experts. Interest rates in many countries reached historical lows in recent years as central banks aggressively ...

ING low-fee super hits $1bn mark

JAMES FERNYHOUGH  |  MONDAY, 10 NOV 2014
ING DIRECT Living Super has reached the $1 billion funds under management milestone two years after entering the Australian market. Launched in 2012 as a direct-to-customer offering, Living Super's balanced option charges members no administration or ...