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| | | ... 43.5 cents. Oil and gas supplier Santos rose 66 cents to $17.20, and Woodside Petroleum ascended $1.75 to $43.75. Among the major banks, Westpac was 55 cents higher at $20.51, National Australia Bank was 41 cents richer at $22.28, and Commonwealth Bank ... |
| | | | ... behind the Finovia Portfolio Solutions is to achieve regular compounding rates of return above cash, in addition to limiting major draw downs of capital in difficult market conditions through diversification. The investment approach seeks exposure to ... |
| | | | ... index contract was 23 points lower at 3861 on a volume of 13,265 contracts. After strong gains in mining stocks on Tuesday, major resource stocks posted falls in morning trade. At 1202 AEST, BHP Billiton was off 92 cents at $33.56 and rival Rio Tinto ... |
| | | | ... said the board is currently reviewing all its investment managers, with a strategy to cut the number by a third across all major asset classes. "We've ended up with about 80 managers, which is far too many. We have to get rid of underperforming or managers ... |
| | | | The Australian share market was moderately higher at noon after gains among the major resources stocks. At 1200 AEST, the benchmark S&P/ASX200 was up 8.2 points, or 0.21 per cent, at 3891.2, while the broader All Ordinaries gained 13.5 points, or 0.35 ... |
| | | | ... roll-over relief on superannuation fund mergers will facilitate greater efficiency in the superannuation industry. "This is a major win for superannuation members in old schemes that can now be merged into modern funds with more attractive features. ... |
| | | | ... economic environment and the policy responses are different now than in the 1930s. Today the US Federal Reserve and other major central banks have pledged to keep policy easy for as long as it takes. It jumped the gun back then. Today, most currencies ... |
| | | | Macquarie Group has posted a 52 per cent fall in full year profits to $871 million with key investment divisions all reporting a fall in revenues due to the global financial crisis - but the silver lining was the growth of its retail financial services ... |
| | | | ... CMC Markets, said there was a mixed bag of influences on the market in morning trade, with profit-takers moving in on the major miners. "Some of the commodity prices were reasonably mixed, plus we had a strong day yesterday so there's a few people taking ... |
| | | | In a major submission to APRA, the Australian Institute of Superannuation Trustees (AIST) has said that fighting for the elimination of conflicts of interest can be self-defeating. Instead, the peak interest group for not-for-profit super funds said ... |
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