Market wrap - middayBY AAP | MONDAY, 11 SEP 2006 12:30PMThe Australian stockmarket has edged even lower in morning trading, as a struggling resources sector outweighs any benefits of a higher Wall St close on Friday. At 1200 AEST, the benchmark S&P/ASX200 was 30 points lower at 5068.3, while the all ordinaries fell 29.6 points to 5033.6. |
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NovaPort Capital team calls it a day
The team at small caps manager NovaPort Capital have decided to hang up their boots.
Industry fund merger postponed
Mine Super and TWUSUPER have reported "significant progress" towards their merger, but it has been pushed back.
Fidelity shutters, delists funds
Fidelity International is terminating an international fixed interest strategy that failed to scale, as well as delisting a managed fund.
Super funds to solve the housing crisis?
Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said at the Australian Shareholders' Association Conference yesterday that addressing the supply side of the housing crisis requires an infusion of private capital.
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Featured Profile
Matt Gaden
HEAD OF AUSTRALIA
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
Helping investors traverse financial markets and build their wealth during the peaks and troughs is Janus Henderson Investors head of Australia Matt Gaden's game plan. He tells Karren Vergara why in this long game of investing, active management wins.
