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Investment

Gen-Y teach old dogs new investment tricks: RaboDirect

BEN COLLINS  |  FRIDAY, 2 NOV 2012
They may take exponentially longer to leave home, and have unrealistic job expectations, but Gen-Y are better with their finances than originally thought.

Wealth gap narrows in China

BEN COLLINS  |  FRIDAY, 2 NOV 2012
Farmers in China have seen their incomes grow rapidly this year, helping to close a wealth gap between rural and urban areas.

Relax legislation on deferred annuities: Challenger

BEN COLLINS  |  FRIDAY, 2 NOV 2012
Misconceptions about annuities are one of the biggest problems for people who sell them, said Brian Benari, chief executive officer and managing director, Challenger.

New emerging market dividend fund

BEN COLLINS  |  FRIDAY, 2 NOV 2012
Two Australian institutional investors, one a super fund, have been the first to invest in a newly available emerging markets dividend fund.

Tas public sector fund awards TD mandate

BEN COLLINS  |  THURSDAY, 1 NOV 2012
Tasmania's public sector superannuation fund has awarded a term deposit mandate to fixed income specialist FIIG Securities.

Triple bypass needed to resurrect NAB's UK business

MARK SMITH  |  THURSDAY, 1 NOV 2012
It could take years before NAB's 'worthless' UK banking business is restored to anything approaching a reasonable sale price.

Wilson board to reject Mariner offer

BEN COLLINS  |  THURSDAY, 1 NOV 2012
Wilson HTM's board of directors intends to advise shareholders to reject Mariner Corporation's offer for shares in the company.

Huge opportunity is higher risk recovery stocks: Southeastern

MARK SMITH  |  WEDNESDAY, 31 OCT 2012
A flight to safety brought about ongoing investor uncertainty in the wake of the GFC means that a wealth of well managed, competitively entrenched and soundly financed companies can be bought at a significant discount to their intrinsic value, according ...

NAB profits slump but wealth division prospers

MARK SMITH  |  WEDNESDAY, 31 OCT 2012
National Australia Bank has reported a 22% plunge in annual profit, but saw growth in its wealth creation business.

UBS to cut up to 10 000 jobs

BEN COLLINS  |  WEDNESDAY, 31 OCT 2012
Swiss bank UBS AG could cut as many as 10 000 jobs after announcing a $AUD 2.25 billion net profit loss on Tuesday.