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Standard Life Inv GARS fund recommended by Lonsec

MARK SMITH  |  TUESDAY, 19 NOV 2013
... absolute return over the medium to long-term in all market conditions. It invests in traditional asset classes and also uses advanced derivative strategies to construct a diversified liquid portfolio, which is designed to withstand market shocks. The ...

Market Wrap AM

AAP  |  TUESDAY, 19 NOV 2013
... 4,000, lost 36.90 (0.93 per cent) at 3,949.07. LONDON - European main stock markets opened the week higher and the euro advanced against the US dollar as dealers took their cue from a record early session on Wall Street. London witnessed some huge gains ...

QE according to Yellen

BENJAMIN ONG  |  FRIDAY, 15 NOV 2013
... have US Federal Reserve vice-chairman Janet Yellen to thank for these. The Dow and the S&P 500 indexes may have only advanced a bit - 0.3% and 0.5%, respectively - on this day, the day Yellen voiced out her thoughts at her confirmation hearing before ...

Market Wrap AM

AAP  |  THURSDAY, 14 NOV 2013
... broad-based S&P 500 rose 14.31 (0.81 per cent) to 1,782.00, also a new record, while the tech-rich Nasdaq Composite Index advanced 45.66 (1.16 per cent) to 3,965.58. Macy's shot up 9.4 per cent after earnings of 47 US cents per share exceeded expectations ...

Move the goalpost Mark

BENJAMIN ONG  |  THURSDAY, 14 NOV 2013
... the 15 years before the 2008 financial crisis" and "means UK is expected to have one of the highest growth rates among advanced economies. It will grow faster than Germany, Japan, France and Canada next year, according to growth estimates from each country's ...

Banks' super products set to be next industry battlefield

LAURA MILLAN  |  TUESDAY, 12 NOV 2013
As super funds brace to differentiate their MySuper products from competitors, banks are hoping that advanced technology systems and a large pool of already existing clients will give them a head-start. "If customers already have other products with ...

Market Wrap AM

AAP  |  TUESDAY, 12 NOV 2013
... Veterans Day holiday. The bond market was closed and there was no major economic news. LONDON - Europe's stock markets advanced as dealers digest positive data from the United States and China, and take their cue from more record gains on Wall Street. ...

Market Wrap AM

AAP  |  MONDAY, 11 NOV 2013
... cent) to 15,761.78 on Friday, topping the blue-chip index's record close two days ago. The broad-based S&P 500 Index advanced 23.46 (1.34 per cent) to 1,770.61, while the tech-rich Nasdaq Composite added 61.90 (1.60 per cent) at 3,919.23. Stock markets ...

NFP funds turning to direct investment options in droves

MARK SMITH  |  TUESDAY, 5 NOV 2013
... Lonsec Fiscal managing director Jason Clarke. Lonsec has already signed up Catholic Super and Clarke said they are in very advanced talks with a number of other potential clients. He added that he sees the trend as a large growth opportunity for the ...

Market Wrap AM

AAP  |  FRIDAY, 1 NOV 2013
... cent to 9,033.92 points and the CAC 40 in Paris climbed 0.60 per cent to 4,299.89 points. Madrid's main stocks index advanced by 1.32 per cent and Milan by 0.96 per cent. The yield on Spanish 10-year bonds fell below 4.0 per cent for the second time ...