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14 June 2011 • By Victoria Tait • 1 min read

Morningstar adjusts rating system

Morningstar Australasia will adopt the qualitative rating system of its US parent to rate funds in Australia and New Zealand.Morningstar ...

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Sentiment on equities weakens: survey

Around 13 per cent of fund managers have turned positive on defensive assets in the second quarter, according to an HSBC survey

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Licensees reject FOS proposal

A number of AFSL holders have hit out against ombudsman's proposed Financial Services Compensation Scheme.Cost pressures arising from the ...

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Axa practice exodus just noise

Axa denies an exodus of its planners is pending.Financial institutions are believed to be throwing large amounts of money in the direction of around ...

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New tenants for Charter Hall

The Charter Hall Direct Property Fund has reported a rise in occupancy after it secured two tenants for its commercial office building at 68 Pitt ...

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Hunter Hall fund scores three stars

Standard & Poor's Fund Services (S&P) has assigned a three-star rating to the Hunter Hall Global Ethical Trust Hedged Fund.The new product is ...

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Credit Suisse names new managing director

Global financial services group Credit Suisse has named Edward Jewell-Tait as managing director and head of private banking in Australia, with effect ...

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Tell them they're dreaming

The Future of Financial Advice (FOFA) reforms have created quite the monster.In the past few months, fingers have been pointed at Financial Services ...

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Bonuses back on the table

 In 2008, Australia's financial services sector was in a state of flux. The GFC had resulted in frozen salaries and the disappearance of bonuses, with ...

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Property sector not experiencing a bubble

Key indicators suggest the Australian property market is not currently in an investment bubble.The Australian property market, while over priced, is ...

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