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Market wrap

AAP  |  MONDAY, 30 APR 2012
... monetary easing as it tries to kickstart the torpid economy. Tokyo closed 0.43 per cent, or 40.94 points, lower at 9,520.89 as a huge spike in the wake of the BoJ announcement was reversed. Seoul added 0.58 per cent, or 11.30 points, to close at 1,975.34. ...

HSBC announces first int'l RMB bond

MELANIE TIMBRELL  |  THURSDAY, 19 APR 2012
... another step in London's development as a premier international trading centre for the renminbi and is an early sign of the huge potential that this market represents," said Stuart Gulliver, group chief executive of HSBC. Reports have varied on the value ...

Market Wrap

AAP  |  WEDNESDAY, 18 APR 2012
... close, London's benchmark FTSE 100 index of top companies was up 1.78 per cent at 5,766.95 points. US shares surged, led by a huge jump from Apple as several positive earnings surprises and the IMF's improved outlook for world growth inspired buyers. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 APR 2012
... consolidate these areas as the market waits for the next issue of the European debt issue." NEW YORK - US shares surged, led by a huge jump from Apple as several positive earnings surprises and the IMF's improved outlook for world growth inspired buyers. ...

Retirement funding needs aged care inclusion

MELANIE TIMBRELL  |  THURSDAY, 12 APR 2012
... contribute more towards the cost of their aged care; the reduced ability of governments to provide publicly funded care; and a huge increase in the incidence of diseases such as dementia affecting the elderly are all issues that retirees must consider ...

Market Wrap - Morning

AAP  |  THURSDAY, 12 APR 2012
... per cent. However, imports rose just 5.3 per cent, raising concerns about the domestic economy. In February, China posted a huge deficit of $31.48 billion -- the largest in more than a decade -- as it felt the ripples from the debt crisis in Europe and ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 11 APR 2012
... per cent. However, imports rose just 5.3 per cent, raising concerns about the domestic economy. In February, China posted a huge deficit of $31.48 billion -- the largest in more than a decade -- as it felt the ripples from the debt crisis in Europe and ...

HIP Super members get access to Best Doctors

ALEX DUNNIN  |  THURSDAY, 29 MAR 2012
... significance of the partnership is that we normally expect such innovations to be associated with large funds using their huge economies of scale, but Bernays said a big fund would have been too large to be absorbed into the program. "We certainly hear ...

FICAP's Wannabe Rockstars a huge hit

RACHEL DAVIS  |  THURSDAY, 22 MAR 2012
Ten of the finance industry's Wannabe Rockstars battled it out this week in FICAP's annual "Who wants to be a RockStar?" event at Sydney's iconic Metro Theatre. The award for FICAP 2012 RockStar of the Year went to Jamie Thomas from ANZ, with a rendition ...

Flawed assumptions pushing RRR too high

ALEX DUNNIN  |  THURSDAY, 15 MAR 2012
... financial planners in the US on retirement income replacement ratios (RRR) questions the idea that retirees need to save huge sums of money to fund their retirement lifestyle and whether retiree annual expenditure is stable as they age or goes down. ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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