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| | | The Australian stock market has received a mostly positive lead from offshore markets during weekend trading, after Wall Street finished firmer and the benchmark copper futures contract closed higher. Gold, silver and oil prices were weaker, however. ... |
| | | | Johan Carlberg, portfolio manager of AXA Australia's wholesale Australian Equity Growth and Industrials funds, and three analysts, have left the firm, prompting a 'sell' rating from S&P on both products. Standard & Poor's said the loss of Carlberg and ... |
| | | | Super funds and investors upset about the mining stocks plunge this week should shift their blame from the government and instead zero in on the miners themselves because it was their idea. In a 20-page submission to the Henry Review in November 2008 ... |
| | | | S&P Fund Services has assigned a 'sell' rating to the AMP Capital Small Companies Fund after AMP Capital Investors announced the resignation of its portfolio manager, Michael Hughes. This leads to uncertainty surrounding the future of an Australian ... |
| | | | More than $100 billion of assets changed hands last year as institutional investors dump poor performing fund managers, re-negotiate fees and exploit asset class-specific opportunities, a new report found. Mercer has released its 2009 Global Manager ... |
| | | | ... financial planners and their investors protect their Australian equity portfolios from market swings - without having to switch their equities allocation to cash. The product, Link DS, follows a string of structured products from Instreet that have so ... |
| | | | ... Group was $1.05 firmer at $51.12. National Australia Bank bucked the trend to fall 13 cents to $28.70. "There is a bit of a switch out of NAB, which is not surprising given the big run-up it had yesterday," Ms Saly said. "Investors are waiting to see ... |
| | | | ... they can invest in. In many but not all cases, the agreement overrides the choice legislation, where a fund member can switch into another fund outside those selected by their sponsoring employer. The new Federal legislation introduced this year, which ... |
| | | | Unsuitable advice on pension switching in the UK still abound - prompting the UK's Financial Services Authority to publish new findings that will see advice firms pay $250 million in compensation to investors. The FSA found that a number of firms were ... |
| | | | The minutes of the US Federal Reserve's 16 March meeting spelled the reasons for the FOMC's decision to keep the fed funds rate unchanged at 0-0.25 per cent. "While recent data pointed to a noticeable pickup in the pace of consumer spending during the ... |
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