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| | | The Australian sharemarket was holding its ground at noon after opening moderately higher, with resources stocks leading the way on higher commodity prices. At 1200 AEST, the benchmark S&P/ASX200 index was up 13.1 points, or 0.33 per cent, at 4538.9 ... |
| | | | MLC is rolling out a new strategic overlay to its diversified funds to capture medium-term opportunities and mitigate risk to investors' portfolios. Paul Ireland, general manager of MLC Implemented Consulting, said the firm was introducing a strategic ... |
| | | | The $65 billion fund manager QIC is restructuring its Australian equities team into separate boutiques of small and large companies - and closing two businesses in its existing line-up. QIC's review of its business strategy earlier this year saw it ... |
| | | | Like everywhere else around the globe, Japan's equity markets have rebounded from the extreme pessimism that marked the low point of the global financial crisis back in March 2009. At the end of August, the Nikkei-225 index has risen by 48.7 per cent ... |
| | | | After the GFC challenged the prevailing wisdom on how low markets can go, AXA's chief investment officer Mark Dutton tells investors how to protect their savings from another market armaggedon. When it comes to investing, Dutton said there are two golden ... |
| | | | Mmm...bargains In the words of Homer (Simpson, that is, "mmmm...bargains!" September's curse is in full swing. Wall Street dipped again last night. Why? Please explain? If you believe the spin, it was because stocks are overvalued, the US recovery would ... |
| | | | Zurich risk products' real-time insurance premium validation has been added to XPLAN Risk Researcher. The announcement follows the introduction of real-time confirmation of CommInsure risk insurance premiums, which was also implemented by IRESS. The ... |
| | | | The $6 billion NSW-based Local Government Super has appointed Mercer as its new asset consultant to replace Intech Investments. "Our evaluation of the asset consultant market identified several synergies between the Mercer and LGS models," said Peter ... |
| | | | Banning adviser commissions would fix conflict of interest distortions but the price may be advice becoming too expensive, and the advice industry becoming unsustainable, said Treasury in its submission to the Ripoll Inquiry. "Such a ban would eliminate ... |
| | | | IOOF has posted a 32 per cent drop in net profit after tax (NPAT) to $15.8 million for the last financial year as funds under management, administration and advice fell by $7 billion to $61 billion. The result represents the first profit announcement ... |
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