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Market Wrap - AM

AAP  |  THURSDAY, 31 JAN 2013
... late trading but still closed slightly higher, with investors unfazed by Prime Minister Julia Gillard announcing that the next federal election would be on September 14. The benchmark S&P/ASX200 index rose 7.7 points, or 0.16 per cent, to 4,896.7 points ...

CBUS to review products to tempt SMSFs

BEN COLLINS  |  WEDNESDAY, 30 JAN 2013
Construction industry superannuation fund CBUS will review its product offering over the next 12 months in order to attract people in self managed superannuation funds. Last week fellow industry super fund HOSTPLUS said self managed super fund trustees ...

New CFO for AMP Capital

BEN COLLINS  |  WEDNESDAY, 30 JAN 2013
Fund manager AMP Capital has found a new chief financial officer to replace Jim Dawson, who is leaving at the end of next monthAMP Capital today said that Margaret Payn would take over from Dawson from the end of February. As part of AMP Capital's senior ...

Mixed outlook for Aussie dollar

MARK SMITH  |  TUESDAY, 29 JAN 2013
... in the past," he said. By contrast, Eslake argued that the Australian dollar would in fact come closer to parity over the next 12 months. Buoyed by the surprising performance of the US economy in the recent weeks and a strengthening in the greenback ...

CFP ranks to top 150,000 in 2013

MARK STORY  |  TUESDAY, 29 JAN 2013
... CFP Board, which grew their CFP professional count by 3,007 and 3,009 respectively. FPSB's member organisation in Japan was next in the growth stakes, adding 712 people to bring the total number of CFP professionals in that territory to 18,548. The top ...

Falling interest rates undermine seniors' confidence

MARK SMITH  |  FRIDAY, 25 JAN 2013
... Australian equities Paul Taylor said he saw no reason why strong share market performance in 2012 could not be repeated over the next 12 months.

Good, better, best

BENJAMIN ONG  |  FRIDAY, 25 JAN 2013
... number 2. The US Conference Board's index of leading economic indicators - which gauges the outlook for the economy over the next 6 months -- rose by 0.5% in December after an unchanged reading in November. Betterer number 3. Markit's flash US manufacturing ...

Cash rate falls good for property

BEN COLLINS  |  THURSDAY, 24 JAN 2013
... said. Despite economic uncertainty property valuations have stood up and AUI does not think they will go backwards over the next 12 to 18 months. And property values have also increased in line with rental rates, the fund manager said. Unlisted property ...

2013 a turning point for world economy: Clime

MARK SMITH  |  THURSDAY, 24 JAN 2013
... fears of a default. Clime says that trade figures in the US have also improved and are expected to continue to do so over the next 12 to 18 months as gas production comes on line. In Japan, Prime Minister Shinzo Abe has made a more aggressive monetary ...

Market Wrap

AAP  |  THURSDAY, 24 JAN 2013
... 4,762. David Cameron promised to give the British people the choice of staying in or leaving the EU if his party won the next general election. H said he wanted to first renegotiate the terms of Britain's membership because "public disillusionment with ...