Market wrap - morningBY AAP | FRIDAY, 18 MAY 2007 9:46AMThe local market will likely open weaker with New York finishing lower and industrial metals prices plunging, with copper dropping to a six-week low on the London Metal Exchange. At 0755 AEST on the Sydney Futures Exchange, the June share price index contract was down 18 points to 6,376, on a volume of 1,614 contracts. |
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UniSuper says Firmus float was 'priced to perfection'
|UniSuper chief investment officer John Pearce said the $175 billion super fund decided to not take part in the Firmus float, describing the neo-cloud company as "priced to perfection", before the initial public offering (IPO) was abandoned today.
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Cliff Man
CHIEF EXECUTIVE OFFICER
ETF SHARES MANAGEMENT LTD
ETF SHARES MANAGEMENT LTD
ETF Shares chief executive Cliff Man spent his career automating, building and challenging established systems. Now, he is betting that Australia's ETF market has room for something different. Vinny Vucago writes.






