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| | | ... mandate to Montreal-based global listed real estate boutique Presima, according to an announcement by National Australia Bank (NAB) today. Presima will manage part of MLC's global property securities strategy which is used across a number of MLC funds ... |
| | | | ... head of investments. He is a 25-year veteran of the financial services industry with previous experience at Commonwealth Bank and State Street in performance analyst roles. |
| | | | A bias towards the most defensive stocks in the Australian share market indicates portfolio managers are overlooking significant opportunities in value stocks, according to a new report by van Eyk. The investment research house revealed that out of ... |
| | | | ... industry leaders and grow its membership base. The new chief executive will report to the Executive Committee, with State Street Bank Asia Pacific regional treasurer Melissa Marzulli as president and ANZ director of loan product Julie Hunter as vice ... |
| | | | ... their brethrens are on the sell side. It was disappointing US corporate profits and/or revenue by United Health, Ebay, IBM, Bank of America and Morgan Stanley. No one wants to hear about the profit/revenue beats of Verizon, PepsiCo, Union Pacific, Peabody ... |
| | | | ... contract was 12 points lower at 4,920 points, with 4,431 contracts traded. In economics news on Friday, the Commonwealth Bank business sales indicator for March is due for release. Also, the Australian government will auction $600 million of June 2016 ... |
| | | | Australian stocks have opened lower, with market players getting out of the resources sector and pouring into the big banks. Australia's big two miners were lower in early trade - BHP Billiton was down 88 cents, or 2.74 per cent, at $31.18, while Rio ... |
| | | | Commonwealth Financial Planning has announced the restructure of its adviser remuneration packages. As part of the changes it has removed trail commissions for advisers on managed investments and platforms. Insurance renewal revenue will be shared at ... |
| | | | If you think gold's recent swan dive was unnerving, spare a thought for those who bought carbon credits - that's where the climate change has really happened. Gold has recouped some of its losses over the past two trading sessions, but it remains 26.9% ... |
| | | | ... companies news, quarterly production reports from Fortescue Metals Group, Woodside Petroleum and Iluka are due for release. Bank of Queensland and Australian Pharmaceutical Industries publish their interim results, while Wesfarmers will release third ... |
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