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Catastrophe bonds offer answer to asset correlation problem

MARK SMITH  |  FRIDAY, 11 OCT 2013
... investment returns in traditional markets, investors have increasingly sought out alternative asset classes. For the first time in its nearly 17 year existence, the catastrophe bond market has hit $19 billion for the amount of risk capital outstanding. ...

Wealthtrac launches SMSF smartphone app

ALEX DUNNIN  |  THURSDAY, 10 OCT 2013
... allow trustees to find their nearest adviser. Users will meanwhile be able to set up a SMSF. "We believe this is the first time an SMSF has allowed for this level of functionality," said Johnson. He added that he believes the ability to focus on delivering ...

Sinodinos aims at "fixing the messes" inherited from Labor

LAURA MILLAN  |  WEDNESDAY, 9 OCT 2013
... returning there is like coming home." The Senator will be formally addressing the financial services industry for the first time at the Association of Financial Advisers (AFA) Conference next week, but Sinodinos has already commented on some of the issues ...

Zurich adds income replacement product, increases platform presence

ALICE URIBE  |  MONDAY, 30 SEP 2013
... than from an after-tax disposable income. This product launch comes after Zurich entered the platform space for the first time in July this year when it made its Wealth Protection available on several platforms. At the time Zurich's Retail Life and Investments ...

Market Wrap AM

AAP  |  FRIDAY, 27 SEP 2013
... broader All Ordinaries index gained 18.1 points, or 0.34 per cent, to 5,288.2 points. NEW YORK - US stocks rose for the first time in six days after some encouraging jobs and housing market data. The Dow Jones Industrial Average rose 55.04 points (0.36 ...

Signing of Asia Passport agreement expected

MARK SMITH  |  FRIDAY, 20 SEP 2013
... Brogden said. The pilot for the Asian passport is expected to begin in 2016. Once established, the Passport will, for the first time, allow funds to be traded amongst the participating economies. "It is expensive and cumbersome for fund managers to distribute ...

Consumer at centre of this year's AFA Conference

STAFF REPORTER  |  FRIDAY, 20 SEP 2013
Following widespread industry reforms aimed at putting the needs of the client first, this year's AFA Conference will focus on the "Age of the Consumer". Twitter co-creator Dom Sagolla, customer service guru, New York Times best-selling author Ron Kaufman ...

FIIG's latest bond issue already oversubscribed

JAMES FERNYHOUGH  |  FRIDAY, 20 SEP 2013
... market," Paton said. "We have a strong pipeline of issuers waiting to access capital through the bond market and for the first time we have closed this note issue while already holding the mandate for the next issue, so we are confident that the market ...

Australian pension fund growth outstrips global average

MARK SMITH  |  MONDAY, 9 SEP 2013
... occasional hyper-volatility in markets - but with some notable differences, which are cause for some encouragement for the first time in five years," Goss said.

Deutsche Bank dismisses mining fears

MARK SMITH  |  FRIDAY, 30 AUG 2013
... prospects have improved across the Australian market, with the June quarter showing flat earnings year-on-year for the first time in two years. "That improvement has come against a pretty soft backdrop. China's looked like its slowing, Europe has only ...