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| | | ... interest rate cut," Mr Daghlian told AAP. "We have had about a four per cent rise in wages in the last 12 months." Among the major banks, ANZ had lifted six cents at $24.11, National Australia Bank had climbed 17 cents to $23.28, Westpac had dumped eight ... |
| | | | ... with Challenger since 2003, where he has overseen both the institutional and retail distribution teams. It is the first major hire for Henderson in Australia since it announced in May this year that it would set up a pure funds management business, with ... |
| | | | ... Australia had dropped 24 cents to $23.40, while Westpac had shed 42 cents to $24.93 and CBA had given up 40 cents to $59. Major resources company BHP Billiton was 23 cents lower at $34.07 and Rio Tinto had fallen 19 cents to $58.45. In closing trade ... |
| | | | ... compatible with smartphones and tablets. Versions 4.1 and 4.2, which will be released over the next two months, will roll out major changes to the presentation of fund research and reporting which will make it easier for advisers to include information ... |
| | | | ... this morning at the Actuaries Institute's General Insurance Seminar, held in Sydney. The award recognises her work as a major contributor and thought leader in the actuarial profession and the insurance industry for more than 20 years, said the Actuaries ... |
| | | | ... United States to be up to $US450 million ($A434.85 million). QBE shares dived $1.15, or 8.94 per cent, to $11.72. The four major banks were all higher. ANZ was up 10.5 cents to $24.665, National Australia Bank gained nine cents to $23.90, Westpac added ... |
| | | | Australian shares opened lower with the mining giants and most of the major banks posting falls. At 1022 AEDT on Friday, the benchmark S&P/ASX200 index was down 42.4 points, or 0.95 per cent, at 4,441.4 points, while the broader All Ordinaries index ... |
| | | | A new surge of pension funds and institutional investors are showing interest in securities lending, said Paul Wilson, global head of client management & sales for trading services J.P. Morgan. Today's macro economic climate has left investors looking ... |
| | | | ... have the scale to bring a lot of these services in house." Ultimately smaller funds will realise that if they want to be a major player in the market, have leading performance, keep up with technology and offer it all at a lower cost, then they will ... |
| | | | ... However, Whitehouse says that returns will be entirely dependent on the macroeconomic environment and as a result, says the major banks look expensive for investors looking to add to their exposure. "The equity return outlook for the banking sector is ... |
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