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| | | More than half of Australian hedge fund managers, representing a total $24.7 billion in funds, said the short selling ban would materially impact their ability to implement their strategy, with six managers considering suspending or closing their fund's ... |
| | | | Nearly 270 members have joined Sunsuper using its new online service in just a week. Sunsuper's online service, Join Online, streamlines the joining process and is expected to lower administration and enrolment costs as well as reduce the amount of ... |
| | | | LandMark White Invest today unveilled the LMWI Diversified Property Fund - a debut offering that executes a low gearing, minimal risk approach to property investing. LMW Invest, a spin off from property valuation firm LandMark White group, secured the ... |
| | | | The current financial market turmoil indicates that one central bank working alone, even if it is the mighty Fed, is unable to contain the panic and restore confidence in the financial system. Locally, the RBA has led the way - but again, this is a ... |
| | | | Consumer watchdog CHOICE has outlined a list of online identity fraud techniques to protect consumers against the growing threat. CHOICE estimates identity fraud costs Australians roughly $1 billion affecting 500,000 people every year. Most are hit ... |
| | | | Taking lessons from the past, a shock response from the world's major central banks in the form of big interest rates reductions - in the order of say 50-100 basis points each time - might assist reducing the magnitude and length of the coming recession ... |
| | | | TOWER Australia ramps up its market share in the direct-to-market life insurance sector after it acquired InsuranceLine, one of the largest direct distributor of life insurance products in the country. TOWER Australia bought InsuranceLine for $136 million ... |
| | | | ... the financial markets, but it is too late to prevent the global economy from falling into recession. Wall Street went into red again last night following the release of economic data consistent with a looming recession. US initial jobless claims rose ... |
| | | | ... trade lower today after US equities markets fell by close to four per cent, while Europe suffered less but also was in the red. The key Wall Street indices all were down, as were commodities, including oil, gold, silver, and copper. At 0800 AEST, the ... |
| | | | Another 18 products have been taken off Standard & Poor's 'On Hold' list after reassuring the ratings house that its "business as usual" despite ASIC's ban on short selling. The 18 funds, which include heavyweights such as the BT Global Return Fund ... |
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