Market wrap - middayBY AAP | MONDAY, 4 JUN 2007 12:51PMAustralian stocks made big gains at noon, with markets hitting fresh all time highs, while investors were feeling confident that inflation is under control and the central bank will not raise interest rates tomorrow. At 1200 AEST, the benchmark S&P/ASX200 Index was ahead 53.4 points at 6386.9, while the all ordinaries firmed 51.7 points to 6414.5. |
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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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Featured Profile
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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