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Macq to open next Gateway

MICHAEL HOBBS  |  WEDNESDAY, 10 SEP 2008
Macquarie Funds is set to launch the next version of its Gateway Trust to provide retail investors and self managed super funds (SMSF) exposure to emerging markets infrastructure, the Asian financial sector, energy and agriculture. Using research from ...

Banks not ready for Web 2.0

MICHELLE BALTAZAR  |  WEDNESDAY, 10 SEP 2008
... services online. "We expect to see some Web 2.0 capabilities such as mashups launched by the more innovative banks over the next year, but large-scale adoption will require work by enterprise software vendors to convince the great majority of them that ...

One step forward, two steps back

BENJAMIN ONG  |  WEDNESDAY, 10 SEP 2008
... sharply as investors convinced themselves that the worst of the crisis in the US financial sector maybe nearing the end, the next day it collapses as fears resurfaced. A more than 30 per cent drop in Lehman Brothers sparked renewed concerns about the ...

SWFs finalise principles

MICHAEL HOBBS  |  MONDAY, 8 SEP 2008
... Generally Accepted Principles and Practices for SWFs (GAPP) to the International Monetary and Financial Committee of the IMF next month. The GAPP covers three areas including legal and macroeconomic framework, governance and institutional structures ...

AUSCOAL switches to weekly

MICHELLE BALTAZAR  |  MONDAY, 8 SEP 2008
... website. Similarly, members can switch to another investment choice and have that choice updated on the first day of the next weekly valuation period, as opposed to the previous rule of updating the option on the first day of the next monthly valuation ...

This Week's Movers

BENJAMIN ONG  |  MONDAY, 8 SEP 2008
... US producer prices, retail sales and consumer sentiment will be among the important factors in determining the outcome of next week's FOMC meeting. US headline producer prices are expected to rise by 10.2 per cent in the year to August following a 9.8 ...

Hedge funds to beat

MICHELLE BALTAZAR  |  FRIDAY, 5 SEP 2008
... cutting interest rates so if I can buy [fixed income] assets between 8.5 and 9 per cent that are double-rated then for the next three to five years, my clients will earn at least 10 per cent...sometimes it's better to keep it simple to make good returns." ...

Negline joins Rainmaker

MICHELLE BALTAZAR  |  WEDNESDAY, 3 SEP 2008
... and insurance. Financial planners and advisory groups interested in submitting white papers for possible inclusion in the next edition of The Australian Journal of Financial Planning can contact Tony on [email protected] or telephone ...

One down, more to follow?

BENJAMIN ONG  |  WEDNESDAY, 3 SEP 2008
... ink on the RBA's decision has barely dried but markets were at it again, expecting another quarter of a percent reduction next month. In his post rate cut announcement, RBA Governor Glenn Stevens said that, 'It is looking more likely that domestic demand ...

Fitzpatrick vacates VFMC chair

RUTH LIEW  |  TUESDAY, 2 SEP 2008
... Fitzpatrick, chairman of the $37 billion Victorian Funds Management Corporation, is ending his three year term in January next year. In a media statement released yesterday, VFMC confirmed that Fitzpatrick had advised the fund's board that he will not ...