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Superannuation

OptiMix adds emerging markets to diversified portfolio

HAMISH MADDEN  |  MONDAY, 18 SEP 2006
OptiMix will include global emerging markets as an asset class in three of its diversified funds, citing diversification benefits and potentially higher returns as primary reasons for the shift in strategic asset allocation.

Coming soon: Virgin personal loans

Virgin Money Australia is set to shake up the personal loans sector by introducing a personal loan product that gets rid of exit or early repayment fees and promises quicker turnaround times for loan applicants.

Mellon scores $10m global alpha mandate

HAMISH MADDEN  |  MONDAY, 18 SEP 2006
Mellon Global Investments Australia has been awarded a $10 million mandate from MasterSuper.

Market Wrap - midday

AAP  |  FRIDAY, 15 SEP 2006
The Australian share market was lower at noon pulled down by the big miners.

DFA funds "holy grail" research on Aussie equities

One of the leading passive fund managers in the world, Dimensional Fund Advisors (DFA) has funded an Australian-based research to find the "holy grail" model of evaluating Australian equities.

ASIC bans ex-Genesys adviser

The Australian Securities and Investments Commission (ASIC) has banned financial adviser, Mark Leigh Clifton, a former authorised representative of Genesys Wealth Advisers, from providing financial services for 10 years.

There's room for more alpha: T. Rowe Price

HAMISH MADDEN  |  FRIDAY, 15 SEP 2006
Despite making money for investors the world over for nearly 70 years, US based T. Rowe Price has avoided the Australian market, until now.

It's time to work together: MDRT

HAMISH MADDEN  |  FRIDAY, 15 SEP 2006
At nearly 80 years of age, the Million Dollar Round Table (MDRT) is still leading the charge for international best practice in financial advice and, excited by what it sees in Australia, it is urging advisers and associations to work together to continue ...

Finsia expands education to Korea

HAMISH MADDEN  |  FRIDAY, 15 SEP 2006
The Financial Services Institute of Australasia (Finsia) has entered into a strategic partnership with the Korea Securities Dealers Association (KSDA) that will see Finsia provide education and training to financial professionals across Korea.

Market wrap - morning

AAP  |  FRIDAY, 15 SEP 2006
The Australian share market is expected to open lower after a decline on Wall Street on inflation concerns.