Market wrap - middayBY AAP | WEDNESDAY, 11 JUL 2007 1:04PMThe Australian share market remained lower at noon, but banking stocks were keeping it relatively sturdy after Wall Street fell more than one per cent last night and most commodity prices weakened. Local nickel stocks have been hit hard, as the base metal continued its rapid decline from record highs earlier this year. Nickel fell eight per cent last night alone. |
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Antares winds up Ex-20 Aussie equities fund
The Antares Capital Partners' Ex-20 Australian Equities Fund has been terminated after a seven-year run.
J.P. Morgan launches active Aussie equity ETF
The asset manager has listed the J.P. Morgan Australia Equity Active ETF (ASX: JPOZ) on the ASX, targeting to provide long-term return from local companies.
First Sentier expands Northern Trust mandate
Northern Trust has once again expanded its service offering with First Sentier Group, this time for its First Sentier Investors Global Growth Funds.
Bell Financial Group profit surges 133%
Bell Financial Group has reported a 133.3% increase in first half net profit after tax (NPAT) to $21.7 million, supported by stronger market conditions and increased trading activity.
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Andrew Gregory
CHIEF ADVICE OFFICER
UNISUPER
UNISUPER
After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.
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