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| | | The global hedge fund industry is in for a major makeover as hedge fund replication tools or "clones" permeate through the sector to deliver returns at the fraction of traditional costs. Banking giant Goldman Sachs spearheaded the cloning phenomenon ... |
| | | | The good news is that inflation may be slowly tempering, but the bad news is that long term water prices may double and fuel prices may triple. Yesterday, the Reserve Bank in its monetary policy statement said, "There is tentative evidence that some ... |
| | | | MLC-owned Garvan Financial Planning has added Battistella Financial Services, McNeany Financial Services and Vertex Group to its license. McNeany Financial Services and Vertex Group join Garvan Financial Planning (Garvan) from Professional Investment ... |
| | | | Wealth management group Aviva has stolen the march on rival industry funds by combining industry fund-style simplicity with retail fund-style service in its Navigator Business Super. It's like Aviva has capitulated to, and yet conquered, competition ... |
| | | | AXA Rosenberg plans to launch an emerging market fund in the Australian market in three months, tailored to suit a super fund's 'alpha needs'. Douglas Burton, managing director and head of investments in Australia and New Zealand at AXA Rosenberg, said ... |
| | | | Hunter Valley may be better known as the haven of award-winning wine but it is also a source of award-winning financial advice. Hunter region-based financial planner Jennifer Leslie has received the Financial Planner of the Year Award at the 2007 Hillross ... |
| | | | The federal government's Working Group has tabled its first session to discuss the development of a short form disclosure document for the First Home Saver Account. "By focusing its initial work on the First Home Saver Account, we are taking steps to ... |
| | | | Australia's largest employers and super funds believe increasing the nine per cent Super Guarantee contribution should be a priority for the new Rudd Government, according to a new survey. Eighty-six per cent of the Russell Pulse survey respondents ... |
| | | | A growing appetite for alternative investments has led to superannuation funds paying 50 per cent more on investment fees than five years ago, according to Watson Wyatt. The report titled, A fairer deal on fees, found investment fees, on average, had ... |
| | | | Even though the bad news keeps coming for the US economy, the real economy is holding up remarkably well, perhaps too well. Ben Bernanke yesterday told US Congress that economic conditions are getting worse as the sub-prime contagion spreads from the ... |
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