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Roubini defects

BENJAMIN ONG  |  FRIDAY, 18 FEB 2011
... intended), in a CNBC interview, Dr. Nouriel Roubini announced his tranformation into a bull. "I think tactically for the next few months equities could rise because corporate profits are still strong... Usually there is not a one-to-one relationship ...

Macq High Conviction predicts 2012 rally

MATT WOODINGTON  |  THURSDAY, 17 FEB 2011
... in Australia that will result to an uncomfortable time for consumers. "The mining boom will have GDP at 4 per cent in the next three to five years and it will be unpleasant to live through. It's good for the economy as a whole, if consumers save and ...

DKN preps for growth despite profit fall

ELISE BURGESS  |  THURSDAY, 17 FEB 2011
... fell 9 per cent to $3.7 million. The financial services solutions provider said it plans to expand significantly over the next three to five years with a focus on outperforming for the medium term. "We are pursuing a couple of different avenues. We are ...

ASIC rules to fix disputes faster

ELISE BURGESS  |  WEDNESDAY, 16 FEB 2011
... make enquiries about whether they have the necessary cover. The aim is to make the proposed change without waiting for the next formal review of the Code in 2013, with insurers to follow this approach as soon as possible.

Westpac Online launches intl CFDs

ELISE BURGESS  |  WEDNESDAY, 16 FEB 2011
... 2010. "The market continues to grow significantly, and it appears that we will continue to see the strong upward trend for next few years," said Staltari. Westpac Online investors can opt for long or short positions in these markets by providing a cash ...

Headlining the core

BENJAMIN ONG  |  WEDNESDAY, 16 FEB 2011
... temporary and had been caused by the increase in VAT, sterling's past weakness and rising commodity prices. This echoed his next-door neighbour's - the European Central Bank - view that the recent resurgence in headline inflation is due to higher energy ...

Fund managers eye Asian equities: RBC

MATT WOODINGTON  |  TUESDAY, 15 FEB 2011
... similar RBC survey in May 2010. Furthermore, 68 per cent said that foreign holders of US debt would face losses over the next three years. Meanwhile, 26 per cent expect European equity markets to fall, down from 40 per cent at the last time of asking. ...

Century Funds vies to take manager role from Opus

ELISE BURGESS  |  TUESDAY, 15 FEB 2011
... capital raising, lease out property and improving value and putting the property in a stable environment to rise out the next two to three years, after which an investors can seek out liquidity in their property assets. In September 2010, the group took ...

Infocus to grow NSW base

ELISE BURGESS  |  TUESDAY, 15 FEB 2011
... expand its 75 advisory groups nationwide business further in NSW, with a target of 50 new firms joining Infocus within the next three years. "We want to get serious with NSW. We currently have four offices in this state but our growth vision is to get ...

Towers Watson builds investment team

ELISE BURGESS  |  TUESDAY, 15 FEB 2011
... ideas and investment opportunities," said Graeme Miller, director, investment services, Australia at Towers Watson. "In the next six months, we plan to add two further analysts to the team," said Miller. The latest appointments by Towers Watson Investments ...

Editor's Choice

Advice veteran's exit creates $1bn Tassie wealth group

KARREN VERGARA
Mancell Financial Group (MFG) founder Peter Mancell has retired as a financial adviser after 46 years, selling the business he built to pave the way for a $1 billion wealth management firm in Tasmania.

UniSuper, Aware Super deliver positive returns

RIDDHIMA TALWANI
UniSuper and Aware Super have reported returns across all investment options for the 2025-26 financial year.

HESTA executive jumps ship to Cbus

VINNY VUCAGO
A C-suite executive from HESTA has taken on a new role as chief member officer at Cbus, effective October.

ASFA strengthens cyber security with new hire

MATTHEW WAI
The Association of Superannuation Funds of Australia (ASFA) has named its head of cyber and financial crime, bringing relevant experience from a super fund.

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