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Market Wrap

AAP  |  TUESDAY, 26 FEB 2013
... set the tone of the market, as investors focused on long-time central bank critic Haruhiko Kuroda's elevation to become the next Bank of Japan governor. "If that happens, it will be seen as a... short-term positive, because he would clearly be a pro-stimulus ...

Market Wrap

AAP  |  TUESDAY, 26 FEB 2013
... that the US Federal Reserve could soon end its loose monetary policy. Investors in Japan cheered reports that the likely next central bank chief was in favour of aggressive monetary easing. Tokyo surged 2.43 per cent, or 276.58 points, to 11,662.52 and ...

MoneySmart fin lit schools kits now even more hi-tech

ALEX DUNNIN  |  FRIDAY, 22 FEB 2013
ASIC will release later this month the next round of digital classroom activities guides and resources designed to help primary school teachers promote financial literacy. The resources are part of the ASIC MoneySmart initiative and revolve around the ...

ASX volatility index moves to live pricing

MARK SMITH  |  FRIDAY, 22 FEB 2013
... for the Australian equity index. The level of the VIX implies market expectations of volatility in the S&P/ASX 200 over the next 30 days and provides an indicator of investor sentiment. "In Australia, customer appetite for derivative products over the ...

Puke on the punchbowl

BENJAMIN ONG  |  THURSDAY, 21 FEB 2013
... almost there - could reclaim the all-time peak it reached in October 2007 by this weekend or at the most by the same time next month if it rises by only 0.1% a day. You can forget that now, for it looks like some people got so giddy, they puked on the ...

Former FTSE director moves to Vanguard

MARK SMITH  |  WEDNESDAY, 20 FEB 2013
Vanguard has appointed Julie Andrews as its new head of institutional in Australia. Previously Andrews was a director for the Australian operation of FTSE, the global index provider. She will be responsible for Vanguard's institutional business and ...

Don't stop me now

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2013
... October 2007 - as early as the weekend. Or if the S&P 500 ends just 0.1% everyday from hereon, we'll be there by this time next month. And then we can go and set our sights to higher grounds. Hip, hip! It's the weight of money, it's momentum, it's tranquillity ...

New centre to lead advocacy for super fund members

LAURA MILLAN  |  MONDAY, 18 FEB 2013
... the organisation will build an investment fund with contributions from both sides. It will try to raise $A30 million in the next three years to fund the organisation for twenty years at a rate of $1.8 million a year. "We've been talking to organisations ...

QSuper launches new Challenger annuity

BEN COLLINS  |  MONDAY, 18 FEB 2013
QSuper has launched a new guaranteed-term annuity product through Challenger that will be available to members next month. They will be able to buy the product, which gives them competitive earnings rates on Challenger's term annuity with their own ...

All Ords at 5000 overvalued but...

BENJAMIN ONG  |  THURSDAY, 14 FEB 2013
... Statement, largely reflecting the slightly weaker outlook for mining and non-mining investment. Overall, the soft outlook over the next year or so reflects a number of factors: mining investment is expected to peak, both fiscal consolidation and the ...