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| | | The Australian stock market has opened higher, as gains among the big miners helped offset a weak start from the retail banks. At 1032 AEST on Wednesday, the benchmark S&P/ASX200 index was up 7.3 points, or 0.16 per cent, at 4,436.8 points, while the ... |
| | | | The Association of Financial Advisers has launched a revamped website to better connect members, following development of its multi-platform social media presence. "We've completely rebuilt the website from the ground-up, with the intention of providing ... |
| | | | Robert Carter, managing director of QIC's global real estate boutique is exiting the company after 22 years to be replaced by head of Australian operations at La Salle, Steven Leigh. Carter, who assumed leadership of the global real estate (GRE) division ... |
| | | | BT Financial Group has launched its 'next generation' of geared equity products in response to renewed investor interest, due to low volatility in the Australian share markets. The Westpac-owned wealth manager is offering investors the BT Professional ... |
| | | | BT Investment Management has reported statutory net profit of $11.2 million and cash net profit after tax of $19.7 million in the first half-year results, incorporating contributions from J O Hambro Capital Management. In a presentation to the ASX ... |
| | | | Tranche three of draft MySuper legislation has raised the stakes in super governance, but the industry is looking to the consultation process to remedy long-held concerns over inequalities between the not for profit and retail sectors. The draft legislation ... |
| | | | Investment manager QIC has awarded a mandate to US-based Molpus Woodlands Group, with the timber specialist purchasing 42,000 acres on behalf of the QIC Alternative Beta Fund. QIC is not disclosing the dollar value of the mandate, although it is believed ... |
| | | | Macquarie Group's full-year profit fell 24.6% to $730 million, with subdued global market conditions impacting institutional and retail client volumes and product demand. "The year to 31 March 2012 saw substantially lower levels of client activity in ... |
| | | | BT Ethical Fund today joined the ranks of other Australian-based ethical investment specialists in being free from holdings in News Corp. As News Corp chairman Rupert Murdoch testified before the Leveson Inquiry into press ethics, BT Ethical has confirmed ... |
| | | | WA super provider GESB has awarded four global bond investment mandates to Wellington Management Company LLP, Franklin Templeton Investments Australia Ltd and PIMCO Australia Pty Limited, worth a total of $2.3bn. The mandates will cover two global bond ... |
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