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Market wrap - morning

AAP  |  TUESDAY, 21 NOV 2006
The Australian sharemarket is expected open slightly higher as stronger metals prices overnight helped offset a weaker Wall Street lead. On the Sydney Futures Exchange at 0735 AEDT, the December share price index contract was up six points at 5,301. ...

Market Wrap - midday

AAP  |  FRIDAY, 17 NOV 2006
The major banks were mixed, with Commonwealth Bank falling 32 cents to $48.03 and ANZ dropping 23 cents to $28.42. Westpac dipped one cent to $24.17 by 1205 AEDT while National Australia Bank rose two cents to $38.82. Media stocks were mostly higher. ...

At long last some logic on FSR streamlining

ALEX DUNNIN  |  FRIDAY, 17 NOV 2006
The Government has proposed reforms to FSR that may at long last restore some balance to the more extreme rules that have plagued financial planners and locked some consumers out of getting advice. Chris Pearce, parliamentary secretary to the Treasurer ...

MLC pools developed and emerging markets portfolios

... we don't need that layer of diversification provided by investing in more than 500 stocks," she said. But the icing on the top is that the global shares portfolio is 'tax aware'. Heinrich said, "We like Capital as an organisation because it is very focused ...

Daily Economic Round Up

PETER BELL  |  WEDNESDAY, 15 NOV 2006
... Australian chief executives has risen by about three hundred per cent over the last couple of decades and that within the top 50 companies it is now 70 times average earnings versus the 20 times multiple of twenty years ago. The annual increase of the ...

Macq BRIC fund approved by Zenith

HAMISH MADDEN  |  MONDAY, 13 NOV 2006
... director, Zenith Investment Partners, the Macquarie fund, managed by Globalis Investments, differentiates itself by employing a top-down macroeconomic approach to analyse emerging markets and investment opportunities. "A further differentiating factor ...

AIG Life appoints head of group insurance

HAMISH MADDEN  |  FRIDAY, 10 NOV 2006
... strong international brand. Globally, we have one of the industry's most extensive life insurance businesses. "Growth is a top priority for us and we plan to build on our reputation as a strong and clever competitor in the Australian group insurance ...

The manager matters in private equity: Unigestion

HAMISH MADDEN  |  FRIDAY, 10 NOV 2006
... any case. While mean returns continue to outperform global public indicies over the long term, a diversified portfolio of top tier managers should yield superior returns throughout the cycle. "Is the market too hot? The answer is yes, but some sectors ...

BankWest raises high yield stakes

... anyone who is looking for a savings deposit account," said David Rose, BankWest's head of marketing and products. The interest top-ups will vary across BankWest's range of products. The Business TeleNet Saver will enjoy an extra 0.25 per cent to 6.35 ...

Back the winning horse, all the time

... race has run" when it launched a product that gives investors a pick from three multi-asset portfolios but the returns of the top performing portfolio, whether the investor chose it or not. 'Optimiser 4' basically works on three multi-asset 'investment ...