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Crisis curbs Cuffe charity fund

MICHAEL HOBBS  |  TUESDAY, 9 JUN 2009
The Third Link Growth fund, launched last year by former CFS chief executive Chris Cuffe, only attracted $28 million in funds, well below Cuffe's $150 million target and despite the fund's outperformance. One year on, the fund lost more than 13 per ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 JUN 2009
Australian shares are expected to open lower after commodity prices including gold, copper, and oil declined in overnight trading. At 0704 AEST on the Sydney Futures Exchange, the June share price index contract was 18 points lower at 3,940. In economic ...

Market Wrap - Morning

AAP  |  FRIDAY, 5 JUN 2009
Australian shares are expected to open higher after US stocks gained on Thursday. Oil, gold, silver and copper prices were higher, too. At 0720 AEST on the Sydney Futures Exchange, the June share price index contract was ten points higher at 3,959. ...

Rainmaker Marketing Excellence Awards 2009

The best of the best in financial services marketing, sales and business development battled it out in this year's Rainmaker Marketing Excellence Awards, with the winners announced last night at the Shangri-La hotel in Sydney. This year's event gave ...

Market Wrap - Morning

AAP  |  THURSDAY, 4 JUN 2009
... Eagle Nickel Ltd and GoldLink Income Plus Ltd. On Wednesday, the Australian share market rose through the 4,000 level to close at a seven-month high, led by property stocks as data showed the economy had avoided a recession. The benchmark S&P/ASX200 ...

Fin advice satisfaction down: Lifeplan

COMPANY RELEASE  |  WEDNESDAY, 3 JUN 2009
The latest Lifeplan ICFS Financial Advice Satisfaction Index fell 4.3 per cent in the last six months, with financial planning clients unevenly split between those who are likely to stick with their planner and those that are more vulnerable to cutting ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 3 JUN 2009
... market at the moment." At 1203 AEST, the spot price of gold in Sydney was $US983.30 per fine ounce, up $US12.00 on Tuesday's close of $US971.30. Among the gold miners, Newcrest rose 44 cents to $34.33, Newmont was down a cent at $5.88, and Lihir gained ...

It's all about China

BENJAMIN ONG  |  WEDNESDAY, 3 JUN 2009
... my prayer.' Like any rational investor, China has every right to be concerned. The US budget deficit is expected to reach close to 13 per cent of its national output this year. It could increase further as the Fed continues to mint dollars to buy government ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 3 JUN 2009
Australian shares are expected to open higher following a positive lead from Wall Street. At 0754 AEST on the Sydney Futures Exchange, the June share price index contract was 16 points higher at 3,976. In economic news on Wednesday, the Australian Bureau ...

Merger creates 18,500 adviser force

RUTH LIEW  |  TUESDAY, 2 JUN 2009
Morgan Stanley and Citi have given the go-ahead to the Morgan Stanley Smith Barney joint venture - a move that will create a global organisation with 18,500 advisers. The deal between Citi for Smith Barney and Morgan Stanley was closed last night. In ...