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James knows when

BENJAMIN ONG  |  FRIDAY, 27 JUN 2014
... 6% and inflation would lift to near 2.0% by the end of this year. Ergo, "I've left mine at the end of the first quarter of next year" - his answer to the question on the when of the first rate hike. This is two quarters earlier than consensus expectations ...

YBR Smarter Money receives rating upgrade

MARK SMITH  |  THURSDAY, 26 JUN 2014
... fund is now available on five different platforms. Invested primarily in floating rate instruments, Smarter Money carries next to no duration risk which means it is less sensitive to interest rate changes. A One of Smarter Money's portfolio managers ...

Market Wrap AM

AAP  |  THURSDAY, 26 JUN 2014
... while the greenback faced downward pressure after the US Federal Reserve indicated interest rates would stay ultra low into next year. Seoul shed 1.20 per cent, or 23.96 points, to 1,968.07, Sydney fell 0.89 per cent, or 48.7 points, to 5,419.5 while ...

MDA provider makes debut on ASX

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
... pre-tax profit of $324,000 for the current financial year. The company has forecast a pre-tax profit of $1.067 million for the next financial year. managedaccounts.com.au executive chairman Don Sharp said that around 70% of the company's assets under ...

Market Wrap AM

AAP  |  WEDNESDAY, 25 JUN 2014
... while the greenback faced downward pressure after the US Federal Reserve indicated interest rates would stay ultra low into next year. Seoul shed 1.20 per cent, or 23.96 points, to 1,968.07, Sydney fell 0.89 per cent, or 48.7 points, to 5,419.5 while ...

Wall Street is in a spin

BENJAMIN ONG  |  WEDNESDAY, 25 JUN 2014
... dressing? It's just three trading days away you know. I wonder what the spin would be tomorrow - or the day after or the next - when Wall Street climbs at the same time that the violence in Iraq (and Ukraine and Syria) remains in play.

Young adviser wins first Gwen Fletcher Memorial Award

LAURA MILLAN  |  TUESDAY, 24 JUN 2014
... huge achievement for me," Shields said. "I see my job now as continuing along the path that Gwen forged." Enrolments for next semester's CFP program are open and the next Gwen Fletcher Memorial Award will be announced on 14 November 2014.

IOOF appoints Perpetual exec to head Bridges

MARK SMITH  |  TUESDAY, 24 JUN 2014
... growth within Bridges and driving the financial planning business forward in coming years. "Nick's appointment signals the next phase of growth for the Bridges business. His leadership skills, sales background, and overall strategic experience in financial ...

Good or bad, it's all good

BENJAMIN ONG  |  TUESDAY, 24 JUN 2014
... is consistent with data suggesting that the authorities' mini-stimulus are filtering through to the real economy. Over the next few months, infrastructure investments and related sectors will continue to support the recovery. We expect policy makers ...

S&P 500: 22 corrections in 6 months

BENJAMIN ONG  |  MONDAY, 23 JUN 2014
... over its previous high. "I'm expecting not a big correction like 10 per cent or so, but a good 3 to 4 per cent adjustment next week won't be a surprise... I haven't been concerned for weeks, but I'm becoming a bit concerned now with where the market ...