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Bad news? Where?

BENJAMIN ONG  |  FRIDAY, 20 JUL 2012
... IMF - has done it again! Only three days ago, the IMF released its latest World Economic Outlook report, where it slashed next year's global growth forecast down to 3.9% (from April's 4.1%) because "downside risks to this weaker global outlook continue ...

netwealth naked wrap slashes fees to 35bp

LINDA HAUSKEN  |  THURSDAY, 19 JUL 2012
netwealth Investments has launched a next generation Wealth Accelerator naked wrap that slashes platform fees down to a low 35bps. The Wealth Accelerator wrap is the latest platform designed in response to the FOFA legislation and the push to fee transparency ...

FSC focuses FATCA talk on govt agreement

MELANIE TIMBRELL  |  WEDNESDAY, 18 JUL 2012
... government to grant a general exemption, an intergovernmental agreement or country-specific schedule will probably be the next best option. "If you look at the draft regulations, one of the requirements to fall into the exclusion is conditions like there ...

Six more staff to leave Wilson HTM

BEN COLLINS  |  TUESDAY, 17 JUL 2012
... Stock Exchange. The broker is also bogged down in legal proceedings, after former clients of its structured products arm Next Financial claimed interest rates had been forced up in two protected equity products. Coppin said that "The matter is before ...

BRICs plus four will drive world investment returns

ALEX DUNNIN  |  TUESDAY, 17 JUL 2012
... US and Eurozone combined. This will translate into these growth markets making up 45% of world equity markets within the next two decades, more than double its 22% share from 2010. In comparison, the US will continue its slide from 32% in 2010 to 23% ...

Lost

BENJAMIN ONG  |  TUESDAY, 17 JUL 2012
... three, last night it changed its mind again. While it kept its 2012 global growth forecast unchanged at 3.5%, it trimmed next year's down to 3.9%, because "downside risks to this weaker global outlook continue to loom large." Looking at the numbers ...

AusSuper to double Asian exposure

BEN COLLINS  |  MONDAY, 16 JUL 2012
AustralianSuper plans to more than double its exposure to Asia over the next four years, and has established an investment committee to lead the charge. Most of the committee will be based in Asia, and serviced by the investment services team in Australia. ...

Perfect timing for a "perfect storm" alert

BENJAMIN ONG  |  FRIDAY, 13 JUL 2012
... of the eurozone, a US double-dip, hard-landing of China, hard-landing of emerging markets, and a war in the Middle East. Next year could be a global perfect storm." Perfect! No one could argue with the good doctor's rationale. It's simply perfect! His ...

BT flags wealth "land grab"

MELANIE TIMBRELL  |  THURSDAY, 12 JUL 2012
... wealth sector as the key to banks' growth over coming decades. ''There's a land grab going on for that market share in the next period of time,'' Cooper said. ''What mortgage share has been to banks over the past 20 years, we think the growth in wealth ...

Aust real estate investors staying home

LINDA HAUSKEN  |  THURSDAY, 12 JUL 2012
Australian investors are more likely to invest in domestic rather than overseas real estate over the next 12-18 months, according to Anne Breen, head of real estate, research and strategy at Standard Life Investments. Breen said at this stage in the ...