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Mac Bank and UNSW bring maths to market: Macquarie Bank and the University of New South Wales have announced a joint project to develop and apply new mathematical technologies to value complex financial products
The project, supported by an Australian Research Council ARC Linkage Grant, aims to manage the risk associated with complex financial products by devising faster and more accurate methods for their valuation. Director of Macquarie Bank's quantitative applications division, Doug Moss, said finance sector products are becoming increasingly complex and...
UNSW loses track of its subsidiaries.
Byline: Bernard Lane May 23, 2006 (The Australian - ABIX via COMTEX) -- The University of New South Wales UNSW has been severely reprimanded over its sub-standard financial reports. In his annual report on the state's universities, NSW Auditor-General Bob Sendt delivered the...
Risk profiling: Rocket science or snake oil?
Byline: Sue Webster Nov 17, 2005 (Financial Planning - ABIX via COMTEX) -- Wes McMaster, a financial planning academic at Australia's RMIT University, says that "know your client" laws make...
Leading financial institutions sponsor NSW's top finance students.
Sep 27, 2005 (Journal of Banking & Financial Services - ABIX via COMTEX) -- The University of New South Wales UNSW has launched the new Finance Honours UNSW Co-op program. Associate Professor David ...
Fetching models get the glad eye.
Jun 24, 2003 (The Australian - ABIX via COMTEX) The Australian "Group of 8" universities are considering financial and marketing models for increasing student course fees. The Federal Budget for 2003-04 permits universities to increase fees by 30 per cent in most courses if...
Retirement at risk.
Apr 04, 2003 (The Australian Financial Review - ABIX via COMTEX) Poor performance by superannuation funds is forcing Australian retirees to return to the workforce. Managers of super funds have told investors that short-term losses will be outweighed by long-term gains. However, compounding losses...
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