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| | | ... were significantly higher than Foster disclosed to clients and that Foster disclosed fees in percentage terms rather than dollar values, failing to comply with the requirements for a Statement of Advice (SOA). Forster was an authorised representative ... |
| | | | ... Similarly, the MSCI emerging market index is up 9.1%, reversing the 7.5% loss recorded in 2018. The sixty-four million dollar question is does the equity rally have legs? Will global equities continue to march higher through to end-2019? In a way, I've ... |
| | | | Latest research shows Australia lost close to half a trillion dollars in wealth at the end of 2018. According to Roy Morgan's latest Single Source Survey, the gross personal wealth of Australians (including owner-occupied homes) is currently around ... |
| | | | Early New Year predictions the Australian dollar would depreciate by the end of 2019 have been given a boost by the International Monetary Fund's (IMF) 'World Economic Outlook, April' report where it shaved its world GDP growth forecast ... |
| | | | ... 1.1% versus the greenback this year to date, still short of reversing the 2.7% appreciation against the strengthening US dollar it notched up in 2018. The yen has appreciated by 0.5% versus the euro this year to date, after strengthening by 7.0% in 2018. ... |
| | | | A new Vanguard ETF commenced trading on the ASX this morning, just as the company announces a new investment head for the Australian quantitative equities business. The Vanguard Global Multi-factor ETF (ASX: VGMF) aims to outperform the international ... |
| | | | CBA's decision to purchase Colonial under then chief executive David Murray destroyed $53 billion of value to shareholders in today's dollars, says Merlon Capital Partners. Analyst Hamish Carlisle says CBA overpaid for Colonial in 2000, and ... |
| | | | The Federal Government's response to the Royal Commission into Misconduct in Financial Services is set to cost more than half a billion dollars. The Federal Government has committed $606.7 million over the next five years to facilitate its response ... |
| | | | If Labor wins the upcoming Federal Election, don't expect the new Treasurer to go easy on underperforming funds - industry or otherwise. Speaking at an FSC BT Political Series lunch at Doltone House in Sydney last week, Shadow Treasurer Chris Bowen ... |
| | | | ... are competitive. Despite geopolitical noise, global economic growth remains supportive as does potential moderation in US dollar strength," Malloy said. The new fund has a recommended rating from Zenith and is currently available on Powerwrap, with new ... |
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