Midday market wrap: Shares, bonds lower on RBA moveWEDNESDAY, 5 NOV 2003 12:14PMThe Australian stock market opened lower today after a dip in trade on Wall Street overnight and the decision by the Reserve Bank of Australia to list the official cash rate 25 basis points to 5.00%. |
Editor's Choice
arcpoint OCIO scores more mandates, Larapinta Private launches
|Recently launched arcpoint OCIO has won three mandates including securing wealth manager and family office Larapinta Private, a new venture set up by a former Koda Capital partner.
Netwealth expands Morgan Stanley mandate
|Amid expanding its stockbroking and private wealth capabilities, Netwealth has been picked by Morgan Stanley to provide a platform solution to its Australian wealth business.
Super funds to reap returns from $2.2bn biotech exit
|Brandon Capital, a life sciences venture capital firm has exited from its investment in Myricx Bio, following its agreement to be acquired by Novartis for US$1.5 billion ($2.2bn).
Mosaic Private names investment chief
|Mosaic Private, the private credit fund manager backed by Flight Centre Travel Group co-founder Geoff Harris' family office, has named its chief investment officer, joining from Centuria Bass Credit.
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Featured Profile
Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.
