Trade surplus hits seven month high

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International trade; Performance of Services Australia’s trade surplus widened by $716 million to $2,333 million in May – a seven month high. Exports rose 3.2 per cent with imports up... Read more continue reading

Reserve Bank discovers its dovish side

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Reserve Bank Board meeting The Reserve Bank Board has left the cash rate at 4.75 per cent for the eighth straight month (covering seven formal meetings). The next meeting is... Read more continue reading

Powerhouse partnership – Minchin Moore joins Securitor

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A powerhouse partnership emerges as Minchin Moore Private Wealth joins Securitor Matt Englund, Head of Dealer Groups at BT Financial Group today announced that Minchin Moore Private Wealth has joined... Read more continue reading

Diversified fund appoints new Head of Reverse Mortgages

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Peter McDonagh joins Centuria Capital One of Australia’s most successful diversified fund managers, Centuria Capital Limited (formerly Over Fifty Group Limited) announced today that Peter McDonagh has joined as Head... Read more continue reading

ING to sell Australian investment management unit to UBS

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ING announced today that it has reached an agreement to sell its Australian investment management business to UBS. ING Investment Management Australia’s business provides a number of investment strategies and... Read more continue reading

S&P Puts 15 ING Funds ‘On Hold’ following sale to UBS

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S&P Puts 15 ING Funds ‘On Hold’ Due To UBS Global Asset Management’s Intention To Acquire ING Investment Management (Australia) Standard & Poor’s Fund Services has placed 15 funds managed... Read more continue reading

Investor Signposts: Week Beginning July 3 2011

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Upcoming economic and financial market events The big picture Our central view is that the US economy is undergoing a mid-cycle pause and that growth will start to lift again... Read more continue reading

All Star IAM Australian Share Fund achieves Recommended rating by Zenith

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Kate Mulligan, Managing Director of All Star Funds has announced today that the All Star IAM Australian Share Fund has been given a rating of “Recommended” by ratings agency Zenith.... Read more continue reading

Investors demand more competitive offerings from Alternative Strategies – Multi Asset Sector

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Notable changes have occurred in the Alternative Strategies – Multi Asset sector since Standard & Poor’s Fund Services’ last review in December 2009, according to the Sector Report published today.... Read more continue reading