Midday market wrap: Banks fight backFRIDAY, 14 MAR 2003 10:57AMBanking and finance shares moved sharply higher during the morning on the back of strong gains on the FTSE-100 and Dow Jones indices yesterday. AMP, which has experienced something of a rollercoaster ride of late, jumped by over 10 per cent to $7.23, Earlier in the week the stock was trading below $6.00. |
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Shield investors launch Macquarie class action
Gordan Legal commenced a class action against Macquarie Investment Management, alleging the investors in the collapsed Shield Master Fund have not been fully compensated for losses affecting their retirement savings.
Sequoia plots potential restructure
Sequoia Financial Group, the parent company of InterPrac Financial Planning, is conducting a thorough review of all its operating subsidiaries for a potential restructuring.
Australia's family offices surpass $323bn in assets
Family offices in Australia have surpassed $323 billion in assets, according to data from Rainmaker Information.
Guardians names head of portfolio completion
The Guardians of New Zealand Superannuation has appointed a new head of portfolio completion who hails from QIC's liquid markets team.
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When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
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Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
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Rachel Alembakis
STEWARDSHIP MANAGER
UNITING ETHICAL INVESTORS LIMITED
UNITING ETHICAL INVESTORS LIMITED
As a highly respected journalist, Rachel Alembakis helped push sustainable investing on the agenda long before it was mainstream. Now, she's stepped into the arena to shape the industry from within. Karren Vergara writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
