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Investment

The demise of asset consulting vastly exaggerated: Russell

BEN COLLINS  |  TUESDAY, 6 NOV 2012
Business might be slow, but Russell Investments has said that there are still opportunities for its asset consulting business in Australia.

Perpetual CFO resigns

BEN COLLINS  |  TUESDAY, 6 NOV 2012
Perpetual Limited chief financial officer Roger Burrows has resigned, after accepting the same role at transport infrastructure group Asciano limited.

Western recovery expected to lift Asian stocks

MARK SMITH  |  TUESDAY, 6 NOV 2012
Hope of recovery in the developed world, improvements in China and Gillard rhetoric around the 'Asian century', have combined to create a golden opportunity for investment in Asia, according to Certitude's Craig Mowll.

Westpac calm in face of storm

MARK SMITH  |  TUESDAY, 6 NOV 2012
Westpac's batten-down-the-hatches approach balance sheet management means it's better suited than its rivals to weather future financial storms.

NSW councils entitled to compo: Fed court

BEN COLLINS  |  TUESDAY, 6 NOV 2012
A federal court judge ruled yesterday that 13 NSW councils were entitled to compensation from ratings agency Standard & Poor's, investment bank ABN Amro and Local Government Financial Services (LGFS).

van Eyk awards small cap managers' highest rating

MARK STORY  |  MONDAY, 5 NOV 2012
van Eyk Research has awarded three funds its top 'AA' rating in a new review of the small cap sector.

Act soon on Johnson Report: FSC

BEN COLLINS  |  MONDAY, 5 NOV 2012
If the Federal Government is serious about exporting financial services to Asia, it must put in place all the recommendations suggested in the Johnson Report by the end of 2013, said the Financial Services Council (FSC).

Westpac warns tough year ahead

MARK SMITH  |  MONDAY, 5 NOV 2012
Westpac's full-year statutory net profit has fallen 15% to $5.97 billion owing to a one-off tax benefit last year.

Results show strong momentum: BT Financial Group

BEN COLLINS  |  MONDAY, 5 NOV 2012
Insurance sales and adviser growth show strong business momentum, despite cash earnings being down on last year, said Westpac-owned BT Financial Group.

Exchange-traded gov bonds expand investment options

MARK STORY  |  FRIDAY, 2 NOV 2012
Retail access to exchange-traded government bonds moved a step closer yesterday following the Senate's passing of the Commonwealth Government Securities Legislation Amendment (Retail Trading) Bill.