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Market wrap

AAP  |  MONDAY, 13 MAR 2006
... helped the Nasdaq Composite Index snap a six-day losing streak as it finished up 12.32 points at 2262.04. LONDON - Britain's top shares reversed losses to close sharply higher, tracking Wall Street as fears abated over the impact of rising US interest ...

Local and global equities fuel returns: SelectingSuper

... From a database looking at more than 1,400 investment options from 131 superannuation funds, SelectingSuper found that the top default option fund was master trust NSW Bookmakers Accumulation returning 18.6 per cent in the three years to January 2006. ...

Industry and retail fund bickering needs to stop: Planners

... Bissaker returned the jab by stressing that "there is no such thing as an average retail fund", implying that those at the top of the ladder are delivering good value. He highlighted key member benefits such as daily unit pricing, binding death benefit ...

RBC Dexia number one for global custody - again

The recently merged custody group RBC Dexia has again been awarded top spot in the R&M Consultants Survey in Europe while also sweeping through awards in the segment categories. This is the second consecutive year RBC Dexia has scored the top gong. ...

Market wrap

AAP  |  TUESDAY, 7 MAR 2006
... weighting. The Hang Seng index edged up 9.83 points to 15,811.83. WELLINGTON - The sharemarket closed solidly, buoyed by gains in top stock Telecom. The NZSX-50 gross index was up 13.34 points at 3420.90, while the NZSX-All capital index was up 4.15 ...

Ord Minnett goes with RBC Dexia

... in Ord Minnett's future growth and we are looking forward to a long-lasting partnership." RBC Dexia Investor Services took top spot in the 2004 and 2005 Global Investor Global Custody Survey as well as in the 2005 and 2006 R&M Consultants Global Custody ...

MetLife changes put focus on service

... and Stokeld, Burke said, "Their appointments underline our main objective in the institutional arena, which is to achieve a top three market share position over the next three years by strengthening our resource base and widening our product and service ...

Daily Economic Update

... market expectations for a 1.5 per cent rise in January and instead posted a 1.9 per cent decline. The recent figure, coming on top of a 3.5 per cent drop in the previous month, reflects the continued pessimism surrounding the property sector, despite ...

Retail gross inflows break $200bn for 2005: Plan For Life

... managed fund's annual inflows broke $200 billion last year, showing double digit growth from 2004 and strong rates for the top fund managers. Gross inflows for the year to December were $205 billion, up 12 per cent on the previous year, according to ...

Industry super funds trump retail master trusts, again

... years. But the best of the best master trusts have caught up with industry funds, at least in this perspective, as seven of the top 10 funds over three years are master trusts.