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| | | Anton Tagliaferro, investment director at Investors Mutual Limited (IML), believes the local sharemarket's recovery over the past five months has overshot the mark. In the fund manager's August newsletter, Tagliaferro said although local economy appears ... |
| | | | Zenith Investment Partners has given a 'recommended' rating to the Fairview Emerging Companies fund. Founded in August last year, Fairview Equity Partners is managed by three executive directors that also act as portfolio managers - Chris Adams, Leigh ... |
| | | | ... release their inflation gauge for August. The Housing Industry Association releases its new home sales report for July. In company news, ANZ Banking Group Ltd releases its market update for the 10 months to July. PaperlinX Ltd and Elders Ltd release ... |
| | | | They're not the kind of words you'd normally see in an internal email, let alone a listed company's announcement to shareholders - a New Zealand company is under fire to explain why the words "fudge this" appeared in its corporate accounts. Market regulators ... |
| | | | Super administration and investment management house Diversa has entered into an agreement to buy the $37 million retail master trust, Managed Australian Retirement Fund. ASX-listed Diversa Limited is looking to acquire the investment and administration ... |
| | | | Macquarie Group has established a trust company joint venture in mainland China - the second JV in less than a week following its recent deal with Middle Eastern investment bank, Gulf Finance House. The Chinese JV, which will be called Sino-Australian ... |
| | | | BT Financial Group appointed former UBS Asset Management executive, Piers Bolger as senior manager of research and product. Bolger, who starts in October, previously worked at UBS Asset Management where he managed the Australian equity portfolio and ... |
| | | | Aviva is providing automatic life insurance cover to over 18,000 Business Super members. Business Super members only need $1,500 in superannuation savings to receive the automatic cover. No medical history or check is required. Around 9,700 members ... |
| | | | Rismark International's residential property shared equity portfolio's mark to market value is 21 per cent higher than when it opened in March 2007. The firm's "mature portfolio" has invested in roughly 500 properties so far and based on cash-flows ... |
| | | | IOOF added direct shares functionality to the Pursuit Select platform. Nick Everingham, head of product and marketing at IOOF Portfolio Solutions, said adding direct share capability was one of the biggest addition to the platform the firm has made ... |
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