Market wrap - middayBY AAP | MONDAY, 5 FEB 2007 12:24PMThe Australian share market opened lower this morning on the back of a weak lead from Wall Street on Friday. At 1030 AEDT, the benchmark S&P/ASX200 was down 21.8 points to 5,809.9, while the all ordinaries index lost 20.5 points to 5794.5. |
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Australian Ethical ups fees across most super options
Australian Ethical has increased fees across most of its superannuation investment options shortly after decreasing them earlier in the year.
Mall owners count cost as David Jones enters administration
Shopping centre owners Scentre Group and Vicinity Centres have almost $80 million a year in rent at stake after Australia's iconic David Jones went into voluntary administration following 188 years of trading.
Australian Unity executive to retire
A long-serving Australian Unity executive, who has been instrumental in developing of a $2.8 billion trust, is bidding farewell to the organisation after 25 years, as he prepares for retirement.
Instos lower active risk to 'eke out more alpha': Acadian
Large superannuation funds are reallocating from their passive books, and in some cases away from discretionary managers, and moving it into lower-risk systematic strategies, according to Acadian Asset Management (AAM).
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Featured Profile
Jacqueline Fernley
CHIEF EXECUTIVE OFFICER
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ARC POINT OCIO PTY LTD
Jacqueline Fernley is a self-confessed nerd, a market animal and as of this year, her own boss. Riddhima Talwani writes.
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