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| | | The trustee of First State Super has responded to the Privacy Commissioner's report into a data security breach last year, when a member was able to download the details of nearly 600 other members. Patrick Webster, First State Super (FSS) member, ex-NSW ... |
| | | | Party pooper. Spoilsport. Booo! One can almost taste - yes, taste - the financial markets' disappointment when dear Uncle Ben came and spoke with not even a hint that those beloved letters Q and E are in the offing. Not even a wink, wink, nudge, nudge. ... |
| | | | Australian stocks continued to climb at noon, as investors showed renewed confidence in global markets to make up for Monday's big losses. At 1201 AEST on Thursday, the benchmark S&P/ASX200 index was up 55.9 points, or 1.38 per cent, at 4,111.2, while ... |
| | | | Ex- Australian Financial Services chief Peter Daly, who is for suing for unfair dismissal, said he departed the company after plans for downsizing were discussed. Daly said he had a business plan and budget approved by the board. "During the board meeting ... |
| | | | The value of superannuation FUM is up 3.6% in the year to March 2012 to reach $1.38 trillion, tracking the growth rate of GDP that was announced yesterday. Public sector funds are, however, growing almost 4-times faster as 14%, reflecting cash injections ... |
| | | | All assets with risk attached to them are jumping with joy and dancing on the streets. Global equities - measured by the MSCI All-Country World Index - jumped by 2.3% overnight, the biggest one-day gain since 20 December. The euro hopped above US$1.25. ... |
| | | | Asset class specialisation may have gone too far for the current volatile environment, according to one manager, who says current asset allocation structures are too focused on diversifying at stock level rather than required outcomes. The current method ... |
| | | | There must be some truth in reports that came out a few days ago, that Australians have now surpassed the Brits as the world's biggest whingers. Whinge, whinge, whinge. This went on full display right here, right now after the RBA decided to give the ... |
| | | | Despite the flow-on effects of the eurozone crisis, there are still opportunities in equities for investors with enough cash to "ride out" volatility, according to a senior Fidelity Worldwide investment head. "There are some positive things that can ... |
| | | | The performance of emerging manager hedge funds is roughly twice that of established manager hedge funds over the past 20 years, according to new research. This is despite large hedge funds attracting most of the inflows, said Peter Urbani, formerly ... |
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