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Charts point to bull market run in 2013

MARK SMITH  |  THURSDAY, 6 DEC 2012
... alignment with the US and realign with the Chinese market which I believe is in a major turning phase ahead of commencing its next bullish move," she explained. "Our market was running in tandem with China until July this year when the relationship disengaged." ...

Jury out on AFSL uptake by accountants

BEN COLLINS  |  THURSDAY, 6 DEC 2012
... super fund advice, and introducing a "streamlined" Australian Financial Services License (AFSL) option for them from 1 July next year. Accountants who are providing straight-forward services such as tax compliance might not be effected, but those with ...

Something's gotta give

BENJAMIN ONG  |  THURSDAY, 6 DEC 2012
... downwardly revised 157,000 increase in October. The point is that economic stats and surveys that will be released over the next few weeks would play second fiddle to the fiscal cliff at best or have no significant bearing on the US economic outlook ...

Market Wrap

AAP  |  THURSDAY, 6 DEC 2012
... eurozone might be past the worst of its economic downturn, although recession was likely to continue into the beginning of next year. Data from the European Union's statistics agency Eurostat showed retail sales fell by 1.2 per cent in October from September ...

Market wrap AM

AAP  |  WEDNESDAY, 5 DEC 2012
... financial crisis. After nearly four hours of talks, ministers said more time was needed and called for a fresh gathering next week. HONG KONG - Asian markets were mixed following weak US manufacturing data and fears over US talks aimed at averting its ...

CIO and COO award nominations now open

STAFF JOURNALIST  |  TUESDAY, 4 DEC 2012
... Stephen Rowbottom of HostPlus, for COO of the Year who will both be present at the evening in 2013 to pass on the batten to next year's award recipients. Recognising the great success of this year's event the organisers for the 2013 awards have confirmed ...

Regulation compounds hedge fund woes

MARK SMITH  |  TUESDAY, 4 DEC 2012
... majority of investors believe increased regulation for hedge funds don't protect investor interests and won't prevent the next financial crisis, according to an annual survey by Ernst & Young. The 2012 survey, Finding Common Ground, compiled by consulting ...

Clients favour modular advice

BEN COLLINS  |  TUESDAY, 4 DEC 2012
... deliver defined scope advice, specific to peoples' current needs will be a key success factor for large institutions for the next five years," said Mark Johnston, Investment Trends principal. "And the language around the discussion needs to change: Scaled ...

Uncertainly certain RBA cut

BENJAMIN ONG  |  TUESDAY, 4 DEC 2012
... rate cut by 0230 this day. Other rationales include: the RBA would not want to wait two months before acting on rates (it's next Board meeting will be in February 2013) and that it said so at its November Boadr meeting - "further easing may be appropriate ...

Advisers' client numbers down

BEN COLLINS  |  MONDAY, 3 DEC 2012
... Investment Trends' report also found that 52% of the 520,000 Australians planning to look for a new financial planner over the next two years say referrals from a friend will be how they will decide. "Planners wanting to maximise this source of organic ...