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| | | Australian shares opened almost 1.5 per cent higher after Greece elected the pro-bailout New Democracy party to power. At 1022 AEST on Monday, the benchmark S&P/ASX200 index was 56.6 points, or 1.4 per cent, at 4,113.9, while the broader All Ordinaries ... |
| | | | Sovereign wealth funds (SWF) have grown to US$5 trillion but still account for just 6% of world funds under management, according to new research from Rainmaker. The SWF sector has grown 10% pa over the past four years and is on its way to reaching ... |
| | | | Half the Australian population is now using smartphones, a shift that is expected to ratchet up pressure on superannuation funds and wealth managers to use the emerging channel to communicate with members and distribute information. Market research ... |
| | | | The Australian market looks set to open higher following Wall Street's positive lead and after indications Greek will get a pro-austerity, pro-euro government. At 0745 AEST on Monday, the June share price index futures contract was up 25 points at 4,078. ... |
| | | | The Australian Tax Office has issued a warning on sophisticated structured financial products that claim to offer franking credits among tax benefits to investors. Michael D'Ascenzo, tax commissioner at the ATO has said the products involved claimed ... |
| | | | The Australian Institute of Superannuation Trustees, in partnership with Women in Super, has kicked off its one day 'Women on super boards program' workshop in Melbourne today. The workshop is developed for women who are interested in learning about ... |
| | | | Australian shares opened slightly higher following gains on Wall Street amid speculation of more stimulus from the US Federal Reserve. At 1020 AEST on Friday, the benchmark S&P/ASX200 index was up 14 points, or 0.35 per cent, at 4,056.2, while the broader ... |
| | | | As surely as night follows day, an up day on Wall Street followed the previous one's down. Over the past seven trading days, the S&P 500 displayed this classic sawtooth pattern. Here are the stats - and the rationales as headlined: 06 June: Up 2.3% ... |
| | | | The Australian market looks set to open higher following Wall Street's positive performance amid speculation of more stimulus from the Federal Reserve after another batch of poor data releases. At 0745 AEST on Friday, the June share price index futures ... |
| | | | Retail managed funds grew by $22.4bn during the first quarter taking the total to $510.5bn for the year to March, down 1.8% on the corresponding 2011 figure. The 4.6% growth in funds during the quarter however will since have been undone, according ... |
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