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Market wrap - morning

AAP  |  WEDNESDAY, 27 JUN 2007
... 0.11 per cent, at 2,574.16. LONDON - Britain's top share index ended 0.44 per cent lower, as a corruption probe hit stock in BAE Systems and banking stocks struggled with concerns over subprime mortgages. The FTSE 100 benchmark ended down 29.1 points ...

Market wrap - morning

AAP  |  MONDAY, 21 AUG 2006
... points, or 0.29 percent, to 2,163.95. LONDON - Britain's FTSE 100 index closed higher, supported by gains in defence group BAE Systems after it won a record export order, while Imperial Tobacco got a boost from a US court ruling. The FTSE 100 closed ...

No free lunch with high conviction funds: WestLB Mellon

Global investment manager WestLB Mellon played host to a round table session in Sydney this week where the who's who of the financial services industry battled out the pros and cons of so-called high conviction funds. Fittingly held at swish Hemmes ...

Market wrap

AAP  |  THURSDAY, 15 JUN 2006
... The Nasdaq Composite Index added 13.53 points to 2086.00. LONDON - British shares ended lower, weighed down by weakness in BAE Systems, although the broader market paused after recent losses. The FTSE 100 closed at 5506.8, down 12.8 points. FRANKFURT ...

Julius Baer and Aurora offer fixed interest

HAMISH MADDEN  |  WEDNESDAY, 17 MAY 2006
Aurora Funds Management has partnered with Swiss giant Julius Baer to launch an Australian fixed interest fund as a feeder into the huge Julius Baer fixed interest pool of funds. The Aurora Absolute Return Fund is open to institutional investors in ...

AUD to go hungry as investors lose their appetite: Julius Baer

Global markets over the past few weeks have changed gears into more risk-averse positions and this could weaken the global appetite for the AUD. Julius Baer in its latest Global Rates Hedge Fund report says, 'One of the key features of global markets ...

New absolute return bond fund for Julius Baer

Global fixed interest manager is breaking from tradition and is launching a global absolute return fund. Visiting Australia this week, Ronny Beck, Julius Baer Business Development Director, says a benign interest rate environment means that it is getting ...

New regional director for AXA IM

Multi-specialist asset management company, AXA Investment Managers (AXA IM), has appointed Anthony Fasso as its new Asia Pacific regional manager. Fasso brings to AXA a solid background in the finance industry. He previously held the position of executive ...

Macquarie Korea fund acquires two more assets for $239 million

AAP  |  MONDAY, 15 MAR 2004
Macquarie Bank Ltd's Korean road fund has acquired two more assets for $239 million, continuing the Australian investment bank's expansion into that country. Macquarie said its Korean Road Infrastructure Fund (KRIF) bought a 99% stake in Baekyang Tunnel ...

Midday market wrap: Australian stocks track US gains

... finished 9.9 points lower at 4242.2 points as investors sold industrial stocks such as autoparts maker GKN and defence group BAE Systems. The Australian dollar held its strength to noon, finding support not only from the strong local economic data but ...
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