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| | | ... profit rose to $2.428 billion in the six months to March 31, from $2.095 billion a year earlier, NAB said. Among the other major banks, Westpac was 22 cents lower at $23.89, ANZ lost 13 cents to $23.32, and Commonwealth Bank fell 18 cents to $52.49. ... |
| | | | Bennelong Funds Management has joined forces with former UBS portfolio managers John Campbell and Jeremy Bendeich to launch an Australian small caps fund. Campbell and Bendeich, who have been on gardening leave since departing the UBS Small Companies ... |
| | | | ... is only 42 per cent compared to the OECD average of 59 per cent, notwithstanding that over generous OECD pensions are a major cause of Europe's fiscal melt-down. While ASFA's report noted that recommendations for superannuation reform from the ill-fated ... |
| | | | ... highlight a massive move away from intermediated investing, with Managed Accounts and self-managed super funds expected to be a major beneficiary. "The 2008 Study identified a quite large segment (23 per cent of investors) that preferred to delegate ... |
| | | | There really must be something in that age-old adage, "sell in May then go away". It's still early days of course, but if the first two May trading days on Wall Street is any guide, investors might be packing up for the entire month. Nothing's really ... |
| | | | ... of $US1,555.05 per fine ounce. Shares in gold miner Newcrest were down 72 cents, or 1.75 per cent, at $40.44. Among the major miners, BHP Billiton was down 64 cents at $45.51, while Rio Tinto had slipped 97 cents to $81.75. ANZ Banking Group, the first ... |
| | | | ... East and North Africa and bring peace in those regions? No, no, no and no. Have you now revised your spreadsheets and made major adjustments? Same way you did when Saddam Hussein was no more? I don't think so. So before you follow the crowd, ask yourself ... |
| | | | ... contracts traded. The Australian dollar also passed the 110 US-cent mark as the US dollar continued its weakness against most major currencies. On Monday morning the Australian unit reached 110.20 US cents, its highest level since the currency was floated ... |
| | | | ... May 19 2011. Macquarie Group and Macquarie Bank chairman Kevin McCann cited Grady's wealth of board level experience as a major benefit. Grady has been a full time independent director since 1994 with board seats at Woolworths, Goodman Group, Lend Lease ... |
| | | | Global equities fund managers are often choosing the same stocks for their top 10 holdings, research house Lonsec has found in its latest global equity fund sector review. The review rated 39 funds of which 26 were qualitatively managed by active stock ... |
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