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| | | Telstra Super annual returns scored double digits for the last financial year, with six out of its nine accumulated investment options performing above 10%. This is the second consecutive year with promising results, according to the large corporate ... |
| | | | ... location. "This is the only fund in Australia that enables investors to benefit from this economic step-change. These are major changes that will forever alter the way the world does business." The original wholesale fund, which has outperformed various ... |
| | | | ... finished mixed overnight: the Dow Jones Industrial Average and S&P500 closed lower, but the NASDAQ managed a small gain. Major commodities such as oil, gold and copper settled higher. Making news on Wednesday, Telstra was up one cent at $2.95 after the ... |
| | | | ... reinsurance program for the financial year to June 30 2012, covering home, motor and commercial property portfolios for major events including earthquakes, floods and bushfires. "The last nine months have reinforced the importance of investing in a comprehensive ... |
| | | | ... Australia is acting like a sovereign wealth fund and is on track to boost savings each year by three per cent of GDP. In a major speech last week on Compulsory Superannuation and National Saving, Treasury researchers David Gruen and Leigh Soding said ... |
| | | | ... straight gain. Tokyo took in its stride the Bank of Japan's quarterly Tankan survey, which showed business confidence among major manufacturers in June dropped to "minus nine" from "six" in March, the first negative reading in five quarters. However ... |
| | | | ... asset management, Australia and New Zealand, UBS. "I think as a firm we should absolutely be positioned in that area as a major player and as you'd imagine, that scale will give us the capacity to be able to continue to invest in the business," he said. ... |
| | | | ... package. The sovereign debt crisis in Greece has increased the cost of borrowing on the wholesale markets where Australia's major banks source 40% of their funding. Vince Pezzullo senior analyst, Australian equities for Perpetual, said shocks to the ... |
| | | | UBS Asset Management has agreed to acquire ING Investment Management, in a deal that catapults the Swiss firm to the ninth biggest fund manager in Australia. The deal, which is subject to Dutch Central Bank approval, takes UBS' funds under management ... |
| | | | The merger of Vision Super and Equipsuper will continue after the two funds cleared a major obstacle that delayed the deal to 2012. The merger hit a roadblock on May 25 when trouble arose around the merging of Vision Super's pooled super trust, Equipsuper ... |
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