All Star KFM Income Fund meets widespread adviser demand for liquid income; restructuring under mandate provides an attractive 25% price reduction

Kate Mulligan, Managing Director of All Star Funds, has announced today a fee reduction of 25% to the All Star KFM Income Fund due to its restructuring under investment mandate rather than a ‘fund of fund’ structure as it was previously invested. This allows All Star Funds to provide greater transparency plus cost savings on […]

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China’s workers agitate for their rights

In China recently, workers at a Honda Motor factory did something that is illegal in the communist country. They went on strike. More interestingly, they won. Honda management at the plant in southern Guangdong province agreed to pay higher wages to settle the June dispute. The strike was not a unique event in China. Every […]

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Currency jigsaw puzzle

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As authorities in Western economies grapple with slow economic growth and exhausted policy tools, an old policy favourite, ‘currency devaluation’, could become an appealing option. It may be challenging to devalue one’s currency when many other nations are in the same economic predicament, particularly when those nations are holding one’s debt. However, solving the currency […]

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MLC launches Fund Profile Tool

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MLC has announced the launch of a new online investment reporting tool to help advisers have deeper investment conversations and develop even closer relationships with clients. The Fund Profile Tool gives greater insight into MLC’s investment process and diversification. It shows the breadth, depth and diversity of an MLC investment, as well as providing detail […]

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AMP delivers solid half year A$383 million underlying profit

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AMP Limited has reported an increase in underlying profit to A$383 million for the six months to June 2010, up 4.4 per cent on the six months to June 2009, representing a solid result in an ongoing volatile market. Underlying profit is AMP’s preferred measure of profitability as it removes some of the impact of […]

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AMP Capital announces key appointments to Fixed Income team

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AMP Capital Investors has announced the key appointment of Senior Portfolio Manager Sonia Baillie to the Fixed Income team, as incumbent Andrew Lally joins the Australian Equities team. In addition, it has expanded the Fixed Income team with two new roles, appointing Joyce Yu to the role of Analyst and Tim Jarvis as Analyst within […]

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All Star Funds Managing Director, Kate Mulligan Announces 3rd anniversary for Fund Manager

Kate Mulligan, Managing Director of All Star Funds has announced today the anniversary of All Star Funds and the All Star IAM Australian Share Fund, which commenced with All Star’s inception in 2007. “Hitting the three year mark is an important milestone for All Star and for this Fund, as it provides financial advisers with […]

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AMP Capital unveils North American infrastructure office

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AMP Capital Investors announced it will expand its North American presence with the opening of a New York office. Bolstering its global unlisted infrastructure capability will allow it to take advantage of significant and very attractive private infrastructure investment in the region. AMP Capital Managing Director Stephen Dunne said increasingly clients are seeking to award […]

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Asgard kicks off 3-year equities roadmap with custodial shares and corporate actions solution

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Asgard has launched its custodial shares solution through eWRAP Investment giving advisers the  ability to manage their clients’ corporate actions online by allowing the platform to take delivery of  all the client’s shares information. Kelly Power, National Product Manager for Asgard, said this has been a highly anticipated product development and launches their exciting three-year […]

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Consumers provided commitment to quality and high standards with financial services Trustmark

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Consumers learnt today that the Financial Services Council had launched a Trustmark that will demonstrate a commitment to high quality and standards in financial products and services including superannuation, life insurance and investments.  The initiative comes in the wake of a string of financial disasters that have hit thousands of Australian families over the past […]

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