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| | | ... allocation consisting of global instruments," Garcia said. "Foreign fund managers on the other hand, have their 'ears on the ground' consistently and would be in a better position to propose an asset allocation." According to Garcia, fund managers had ... |
| | | | ... optimistic because of the strength of domestic commodities market. "You might experience a different perspective on the ground than you do overseas. In Australia they've had the commodity boom and because that's a large proportion of the economy and ... |
| | | | ... points to 5,579 on 29,146 contracts. Bell Potter senior adviser Stuart Smith said although the local market was gaining ground, investors were too focused on news coming from distressed companies, such as unlisted broker Tricom Equities. "We've been ... |
| | | | The Australian share market is expected to open higher as Wall Street gained ground on the prospect that the US central bank will lift interest rates again and base metal prices generally were up. The US Federal Open Market Committee (FOMC) meets tonight ... |
| | | | Fund managers can't afford to be complacent after leading platform groups noted a marked shift of fund flows to direct equities instead of managed funds. Anthony Waldron, superannuation and investment manager at MLC, said that while inflows into their ... |
| | | | ... time in five sessions, climbing 2.07 per cent as exporters such as Honda Motor Co Ltd gained after the dollar recovered ground against the yen. The benchmark average ended the session up 278.94 points, at 13,783.45. HONG KONG - Blue chips rose, a day ... |
| | | | ... Seng Index fell 716.45 to 28,842.47 points. WELLINGTON - New Zealand shares made a late rebound on Friday to recover the ground lost after last week's downgrade by international share index compilers MSCI. The benchmark NZSX-50 index lifted 49.4 to 4092.934 ... |
| | | | ... advance, both the Dow and the S&P 500, marked their worst monthly drop in five years. For the month of November, stocks lost ground: The Dow slid 4 per cent, the S&P 500 fell 4.4 per cent, and the Nasdaq sank 6.9 per cent, its worst monthly drop since ... |
| | | | ... peak today at $US0.8750. Also, since the local close at 1700 AEDT yesterday, the Australian dollar has given plenty of ground against the Japanese yen, losing more than two per cent - from 95.89/95 yen to 93.65/69. The Australian dollar fell to 93.22 ... |
| | | | ... years to help fund its national infrastructure plan, creating a big opportunity for Australian investors to get in on the ground floor. "We need this money over the next five years to fund our plan for growth and to make our economic expansion sustainable," ... |
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