Savers & borrowers cheer stable rates

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The Reserve Bank Board has left the official cash rate at 3.00 per cent for the third straight month, so both borrowers and depositors have reason to cheer another month... Read more continue reading

Acquisition expands alternative investment capabilities

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Principal Global Investors has announced an agreement to acquire a 55 per cent stake in Liongate Capital Management (Liongate), a global alternative investment boutique based in London and New York... Read more continue reading

ASIC’s MoneySmart releases new reverse mortgage calculator

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ASIC has launched a new reverse mortgage calculator on its MoneySmart website. Robert Drake, ASIC’s Senior Executive – Financial Literacy said, ‘The calculator is a great tool if you or... Read more continue reading

FPA: Grandfathering must be fair and in client’s best interest

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The Financial Planning Association (FPA) Chief Executive Officer Mark Rantall has welcomed the federal Government’s draft amendments to key conflicted remuneration measures as a ‘common sense compromise’ between the intentions... Read more continue reading

ASIC releases guidance on conflicted remuneration ban

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ASIC has finalised guidance to help industry understand the practical operation of the ban on conflicted remuneration and how ASIC will administer it. The ban on conflicted remuneration is part... Read more continue reading

Bennelong appoints new Senior Investment Analyst

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Bennelong Australian Equity Partners (BAEP) has appointed Neale Goldston-Morris to the role of Senior Investment Analyst, responsible for macro-economic, sector and stock analysis. Neale previously worked at Macquarie Securities Group,... Read more continue reading

Small caps rebound with 6.6% return

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Research house Lonsec said small companies posted modest gains of 6.6% during 2012, a welcome improvement on the negative 21% returns of the 2011 year. The majority of managers in... Read more continue reading

Reporting season expected to shift investors to equities from bonds

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Independent Australian investment management company, Dalton Nicol Reid said the recent strong reporting season should intensify the current shift in asset allocation seen among professional investors. Chief Investment Officer, Jamie... Read more continue reading

Investorfirst results show strong growth

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Investorfirst Limited (ASX:INQ) today announced the release of its half year results for period ending 31 December 2012. Revenue for the half year of $4.55m, up 50% Net loss before... Read more continue reading

Investment Trends releases FX research

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Key findings of the annual Investment Trends Australian Foreign Exchange (FX) Report: The number of retail foreign exchange (FX) traders in Australia held up well despite a fall in market... Read more continue reading