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| | | The key team behind the Financial Planning Association (FPA) is travelling to Townsville, Queensland to speak to those directly affected by Storm Financial's advice and the firm's subsequent collapse. Speaking at a press conference on Friday, Jo-Anne ... |
| | | | Well now, there we have it. If the January effect holds, US equity investors and the rest of us should all go on vacation and come back next year. The January effect postulates that the US stock market's performance for the entire month of January predicts ... |
| | | | The Future Fund is looking to build up its debt portfolio this year and beef up its alternatives portfolio with investments that have "niche" risk premia. David Neal, the Future Fund's chief investment officer, gave an insight on where they are likely ... |
| | | | One of Australia's top ten largest dealer groups, Securitor, is arming itself against poor markets by giving advisers more resources to serve their clients. Securitor, which has around $12 billion in advice and 462 advisers, is not just hammering home ... |
| | | | Big Sky Financial Solutions plans to provide general and personal financial advice to those members of its parent credit union affected by BHP Billiton mine closures. Paul Evans, Big Sky Financial Solutions director, said the financial planning division ... |
| | | | MLC has cut 120 staff across its business but left the firm's investment management division intact. According to a company spokesperson, the staff cuts are part of an overall review of resources in light of bad markets. It is unclear which specific ... |
| | | | While many funds were in the red last year, Australian Unity Investments (AUI) bucked the trend when its Healthcare Property Trust gained 11.27 per cent and, despite the market downturn, many of its underlying direct properties have held their value. ... |
| | | | Hong Kong-based Sun Hung Kai Financial has set up a recovery fund to take advantage of undervalued distressed global financial firms. The fund, which is restricted to "professional investors" and is not available locally, was developed after the group's ... |
| | | | The Local Government Superannuation Scheme has addressed a unit pricing error that occured in the September quarter last year, according to a fund statement. LGSS issued a statement in December noting that there had been a tax error that occurred with ... |
| | | | Australian fund managers with an eye on tech stocks dodged the Satyam scandal, with two local fund managers reporting they had no investments in the firm. Fiducian Portfolio Services investment manager, Conrad Burge, said the firm's India Fund did not ... |
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