Weekly market & economic update 17 September 2010

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Headline developments of the past week Global financial market regulators – known as the Basel Committee on Banking Supervision – announced tougher capital requirements for banks so that they can... Read more continue reading

PIMCO Wins Australian Bond Category in AFR Smart Investor Blue Ribbon Awards

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Leading bond fund manager PIMCO has won the Australian Bonds Award in the AFR Smart Investor Blue Ribbon Awards 2010. The AFR Smart Investor Blue Ribbon Awards are unique as... Read more continue reading

ASIC bans Sydney financial adviser

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Mr Vince Aloisi of Baulkham Hills, New South Wales, has been permanently banned from providing financial services by ASIC. ASIC’s action against Mr Aloisi follows its investigation into allegations of... Read more continue reading

ASIC recovers $24.5 million for Westpoint investors

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Westpoint investors in ASIC’s class against Glenhurst Corporation Pty Ltd (Glenhurst) are to receive their share of $24.5 million recovered to date by the Commission. The Glenhurst settlement, worth $2.5... Read more continue reading

Aussies embrace financial stocks

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Reserve Bank Bulletin The Reserve Bank Bulletin released yesterday has provided a breakdown of the ownership of Aussie equities. The portfolio allocations between households and institutional investors differ significantly. Mum... Read more continue reading

MLC wins investment award for Horizon fund

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MLC has been recognised for excellence in investments with its Horizon 2 Income Portfolio winning Best Conservative Multi-Sector Fund of the Year at the 2010 Financial Review Smart Investor Blue... Read more continue reading

Ignore the confusion in global markets to find outstanding opportunities

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One could be excused for feeling that recent global equity market activity is overly confusing. The bipolar combination of market euphoria today, and despair tomorrow, repeats itself over and over.... Read more continue reading

Fund Credit Quality Rating On Perennial Cash Enhanced Fund Withdrawn

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Standard & Poor’s Ratings Services announced today that it has withdrawn its ‘AAf’ fund credit quality rating on the Perennial Cash Enhanced Fund. The rating has been withdrawn at the... Read more continue reading

Powerhouse mining sector

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Quarterly Labour force data; RBA Speech; Imports In percentage terms, employment in the mining sector expanded rapidly over the past year. In the year to August, mining sector employment grew... Read more continue reading

Compare the Pair

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Whilst our (in my opinion) overly politically-correct industry leaders eschew the benefits of fees over “ugly” commissions let’s put an investment manager’s hat on and look at the business of... Read more continue reading