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Showing 6671 - 6680 of 9322 results for "Red"

Market Wrap - Morning

AAP  |  THURSDAY, 15 DEC 2011
The Australian dollar has continued its slide downwards, following a growing sense of forboding around the issue of eurozone government debt. At 0700 AEDT the Australian dollar was trading at 98.95 US cents, down from 100.16 cents on Wednesday. Westpac ...

Aussies have more faith in super: Mercer

CLAIRE MCGREAL  |  WEDNESDAY, 14 DEC 2011
Australians are the happiest they've been with the super funds since December 2008, according to new research from Mercer. The Superannuation Sentiment Index shows a nine point rise in overall "sentiment score" between December 2010 and September 2011 ...

UniSuper responds to criticism

ALEX DUNNIN  |  WEDNESDAY, 14 DEC 2011
UniSuper, one of Australia's largest super funds, came under attack last night, confirming that in the post-GFC volatile investment landscape no fund is immune from criticism. ABC's 7.30 news program last night ran a report on the $27 billion university ...

Russell urges advisers to keep low value clients

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
Advisers should consider their options before selling off their lower value clients, according to Russell Investments, with new alternatives to create a profitable relationship despite impending FOFA regulations. One predicted unexpected outcome of ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 DEC 2011
... while the tech-rich Nasdaq Composite shed 34.59 (1.31 per cent) to 2,612.26. Wall Street stocks spent the session swimming in red. The slump came "amid growing pessimism that last week's fiscal pact agreement in Europe will yield substantive results ...

Energy Super board reduces in size, new members

CLAIRE MCGREAL  |  MONDAY, 12 DEC 2011
Energy Super has appointed two new board members alongside the departure of four fund directors from the board, which sees it reduced from 12 to 10 members. Scott Wilson and Mark Williamson have joined the energy industry fund board, while outgoing ...

AUI winds up High Yield Mortgage Trust

CLAIRE MCGREAL  |  MONDAY, 12 DEC 2011
Australian Unity Investments has begun winding up its High Yield Mortgage Trust following poorer than expected returns to investors in the current investment climate. Investors have already been reimbursed by 48 % of the fund's capital, with the remaining ...

Sovereigns need not apply

BENJAMIN ONG  |  FRIDAY, 9 DEC 2011
Rumour smack down. Have you ever heard of the phrase, "don't lend credence to a rumour until it is officially denied"? The fresh prince of the ECB, Mario Draghi, just did that - officially denied weeks of gossip that it's gonna mint fresh euros. Sovereigns ...

Waiting to exhale 5

BENJAMIN ONG  |  THURSDAY, 8 DEC 2011
So here we are... in another "waiting to exhale" moment. Like I, me and Irene expected, volatility's picked up ahead of the unveiling of yet another European Grand Plan. It's Plan Numero Five this time. And like the anticipation that went before Plans ...

Christmas deadline for FOFA clarity: ANZ

CLAIRE MCGREAL  |  WEDNESDAY, 7 DEC 2011
ANZ Wealth has warned that Christmas is the "absolute drop dead date" for clarity on FOFA reforms before implementation costs double. Paul Barrett, ANZ general manager advice and distribution, told reporters in Sydney yesterday that time is ticking ...