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| | | The Australian share market lost ground in intra-day trading, which was dominated by defensive plays as investors lost appetite for risk and rotated out of material and energy stocks. At 1200 AEST, the benchmark S&P/ASX200 index was down 12.8 points ... |
| | | | Platform provider Asgard has added 78 new funds to its universe this year, with financial advisers asking for more global and Australian equity options. Kelly Power, head of product at Asgard, said funds had to meet strict criteria on liquidity, ratings ... |
| | | | National mortgage lender and funds management firm La Trobe Financial Services has bought third party financial services firm, Implementation Efficiency Group (IEG). Greg O'Neill, chief executive of Melbourne-based La Trobe, said the purchase had been ... |
| | | | More than 25 per cent of dormant superannuation accounts have active life insurance policies causing balances to dwindle through unnecessary fees, new figures show but financial planners can help. According to research house Rice Warner, just over 12 ... |
| | | | Investec Global Aircraft Fund (IGAF) has increased the size of its portfolio to A$1billion. The fund's portfolio has doubled in 12 months due to the acquisition of 12 commercial aircraft from GE Capital Aviation Services ("GECAS"). "Strong institutional ... |
| | | | So is this the one that ultimately takes the grin off Wall Street's face? According to theage.com.au, " US stocks dropped on Tuesday on worries falling oil prices could set off a reversal in the high-flying energy sector..." It even quoted a certain ... |
| | | | Bendigo and Adelaide Bank officially launches Bendigo Wealth with a distinct focus on tailor made customer service from financial advisers. The new wealth management division has been created to align its portfolio of offerings, including leveraged ... |
| | | | Global fund manager Janus has won US$700 million ($660 million) of new inflows in the past six months in a portfolio that suits the needs of risk-focused institutional investors. In Australia late last month, Janus' chief risk officer Dan Scherman told ... |
| | | | Superannuation funds could help solve Australia's underinsurance problem if they communicated more with members, AIA Australia's chief executive told the 2011 Life Insurance Conference in Sydney this week. Damien Green, head of the Australian arm of ... |
| | | | The Australian market has received mixed leads from offshore trading overnight. Wall Street ended slightly lower after recouping earlier losses, while European markets were lower and Asia was mixed. Oil and gold hit new highs. At 0722 AEST on the ASX ... |
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