Reporting season scrutinised for signs of value and stability

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As reporting season kicks off, investors will be watching for signs of value and earnings sustainability, as well as eying specific stocks and sectors and the broader economy, according to Michael McCarthy, chief market strategist at CMC Markets. Recently the Australian bourse has been weighed down by international issues such as a potential China slowdown, […]

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Australia best long-term performer among developed sharemarkets

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The Australian equities market has been the best performing developed sharemarket over the past 111 years. “It has posted a real return of 7.4% a year since 1900,” noted Paul Taylor, Head of Australian Equities at Fidelity and Portfolio Manager of the Fidelity Australian Equities Fund. “If you invested $1 in the Australian market in […]

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Qantas Super first to adopt agency FX model

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Qantas Superannuation Ltd (Qantas Super), the Trustee of the A$6bn Qantas Superannuation Plan, has appointed Russell Implementation Services Inc. (RIS), a part of Russell Investments, to provide agency foreign exchange (FX) services. This initiative will provide Qantas Super with complete transparency around its FX trading costs and could deliver cost savings to its members in […]

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Aussie dividends ETF catches eye of international investors

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Russell urges investors to consider cash alternatives with new ETF Global investment services firm Russell Investments is encouraging investors to think outside term deposits and cash and look for income alternatives such as high dividend paying shares which can boost returns, provide capital growth and be more tax effective. Russell’s High Dividend Australian Shares ETF […]

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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 0.4 per cent. The trade surplus with broader China (China and Hong Kong) has risen from $10.3 billion to $25 billion in the space of […]

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BT Wrap launches market leading tax and trading tools

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BT Wrap launches market leading tax and trading tools The changes include powerful new tax tools that could mean a better after-tax investment return for clients on particular transactions and new trading enhancements that reduce the time spent on portfolio management, client reviews and rebalances. Head of BT Wrap, Chris Freeman, said the changes were […]

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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 by ING Investment Management (Australia) Ltd. (ING IM)  ‘On Hold’ following today’s announcement that UBS Global Asset Management has entered into a binding agreement to acquire […]

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Weekly market & economic update

Headline developments of the past week The past week has seen some good news on the Greek debt front with the Greek Government surviving a parliamentary confidence vote, the EU and IMF endorsing Greek austerity plans and EU leaders pledging to head off a Greek default. However, there are still several hurdles to clear before […]

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East or West – Where to Invest?

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The two biggest economies in the world could hardly look more different at the moment. One is doing all it can to stimulate growth, while the other is trying to rein it in. In the US, the Obama administration is ploughing a lonely furrow, the only major country in the world to be easing fiscal […]

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S&P Assigns Ratings To Various Sibling Funds For BT Platforms

Standard & Poor’s Fund Services today assigned ratings to various sibling funds managed by a range of fund managers. These sibling funds relate to headline funds available on BT platforms where Westpac Financial Services Ltd. is the responsible entity. We define a sibling fund as a fund that invests in an underlying pool or fund […]

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