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Obama expected to pick Yellen as US Fed chair

MARK SMITH  |  WEDNESDAY, 9 OCT 2013
US President Barack Obama will nominate Federal Reserve vice-chair Janet Yellen to be the next head of the US central bank, White House officials have said. If confirmed by the Democrat controlled US Senate, Yellen would become the first woman to hold ...

AMP reveals new leadership team

MARK SMITH  |  WEDNESDAY, 9 OCT 2013

Bears out a-haunting

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2013
... Washington are still at it...playing their game of chickens. Both sides are waiting for the other to blink. You know what happens next, don't you? The bears will be coming out in force a-haunting. Whoops, sorry... they have already. But never mind, we're ...

ISA asks for scaled, affordable advice

LAURA MILLAN  |  FRIDAY, 4 OCT 2013
... best for their client, but provide a revenue stream to the financial advisor," the ISA said. Other policy priorities for the next years are putting the member first, be transparent, create stability and drive prosperity. Yesterday announced that it had ...

Cognitive function, consumption biggest SMSF risks

ALEX DUNNIN  |  FRIDAY, 4 OCT 2013
... generated much fanfare with a report containing projections that superannuation assets will grow to $8 trillion over the next 20 years and that self-managed superannuation funds (SMSF) will continue to reinforce their place as the premier and most dominant ...

Central banks rule

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2013
... boy fiend, Berlusconi. It's also the BOJ. Japan's just approved the lifting of the consumption tax from 5% to 8% come April next year. The same move in 1997 that returned the Japanese economy to recession and deflation. But fear not. This time, the Abe ...

Market Wrap PM

AAP  |  FRIDAY, 27 SEP 2013
... October. "We are entering a seasonally weak period in the markets, so I do expect there to be some sort of correction over the next month, though I don't think it will be anything substantial," he said. The big four banks were all higher, with ANZ up ...

Market Wrap PM

AAP  |  THURSDAY, 26 SEP 2013
The Australian stock market has followed Wall Street lower as fears of a possible US government shutdown next week weigh on investors. US markets moved lower early on Thursday, Australian time, as budget talks between US lawmakers yielded little progress. ...

ACSI appoints Future Fund exec as new chief

MARK SMITH  |  THURSDAY, 26 SEP 2013
... successful period for under outgoing head Ann Byrne, who helped bring ESG issues into the mainstream. She retires from the role next month after five years as chief executive. "Many a chairman of Australia's top 100 listed companies knows just how formidable ...

EQT adds ex-Frontier analyst, looks for more expansion

LAURA MILLAN  |  THURSDAY, 26 SEP 2013
... "The appointments of Michael and Thi to the team will help ensure we have the resources and expertise in place to take the next step in the development and growth of EQT's funds management capability," Boubouras said. Kordick has 12 years industry experience ...