Market wrap - middayBY AAP | THURSDAY, 20 MAR 2008 1:27PMAustralian stocks were 2.8 per cent lower at noon on a shortened trading day as big falls in the price of oil and gold and weaker industrial metal prices hammered resources stocks. |
Editor's Choice
ASIC fines advice groups over unregistered advisers
Two advice licensees have paid infringement notices after they were found to have authorised advisers and had them provide personal advice while unregistered.
Unemployment data throws 'curveball' at RBA
The unemployment rate rose to 4.3% in June, according to data released today by the ABS, and spurring louder calls for an interest rate cut in August.
La Trobe names distribution lead
The alternative asset manager has recruited a former BlackRock executive to run distribution.
Australian Ethical FUM grows 34%
Australian Ethical Investments has delivered FUM growth of 34%, bringing it to a record high of $13.94 billion.
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Expert Feed
Are US assets becoming less desirable?
There has been so much commentary, including by us, on the twists and turns of US trade policy - notwithstanding the latest 90-day truce with China - ...
Founder-led companies: What investors need to know
Founder-led companies have long been a lucrative hunting ground for investors.
Elevating your emerging markets game plan
Do emerging markets still belong in a modern investment strategy? If so, how do we appropriately weight emerging markets exposure?
AI, alternative data and sustainability in focus
As AI and alternative data reshape quantitative investing, here are some key insights from discussions with institutional investors.
Featured Profile
John Burke
GLOBAL CHIEF EXECUTIVE OFFICER
BENNELONG FUNDS MANAGEMENT LTD
BENNELONG FUNDS MANAGEMENT LTD
Bennelong Funds Management is like a mainline into the jugular of Australia's financial advice sector, with more than 6500 advisers channelling capital to its funds. But its global chief executive John Burke says the job's not done yet. Andrew McKean writes.
