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Market wrap

AAP  |  WEDNESDAY, 4 JUN 2014
The Australian share market is trading lower despite better-than-expected headline economic growth figures. The March quarter national accounts released on Wednesday showed the economy expanded by a solid 1.1 per cent, lifting the annual rate to 3.5 ...

Market Wrap AM

AAP  |  WEDNESDAY, 4 JUN 2014
The Australian share market is set to open higher despite a modest fall on Wall Street overnight in quiet trade. At 0705 AEST on Wednesday, the March share price index futures contract was 10 points higher at 5,492. In economic news on Wednesday, the ...

Australian investors prepare for market sell-off

MARK SMITH  |  MONDAY, 2 JUN 2014
Australian equity investors are positioning themselves for a pullback in the market, trading volumes in BetaShares exchange traded products (ETPs) show. According to BetaShares' data, the average daily value traded of the BetaShares Australian Equities ...

Super returns dampen but still double digit

STAFF WRITER  |  MONDAY, 2 JUN 2014
The SelectingSuper Workplace rolling 12 month default option index dampened further during April to return 11.1%, down from 12.6% at end March, 12.8% at end February which was up marginally from 12.5% at end January. According to the figure at end December ...

Dion Global launches new trading platform

ALEX DUNNIN  |  FRIDAY, 30 MAY 2014
Hartleys Limited has deployed a new trading and order management system that integrates these services into a single platform. The Dion Global Solutions platform known as TradeCentre allows users and brokers to manage the entire trading, order management ...

AMP carbon screening leads to just two divestments

JAMES FERNYHOUGH  |  THURSDAY, 29 MAY 2014
AMP Capital's new fossil fuel screening criteria will have little direct impact on investments, resulting in just two divestments and the exclusion of only one extra ASX 200-listed Australian company from the 'investible universe'. Yesterday AMP Capital ...

DomaCom eyes Gen Ys with property product

LAURA MILLAN  |  MONDAY, 26 MAY 2014
DomaCom is encouraging young investors to set up self-managed super funds (SMSF) and to invest in its property fund as part of a recent partnership. The provider has partnered with Self-Managed Super Institute, CST Corporate Solutions and Evolv Super ...

Market Wrap AM

AAP  |  MONDAY, 26 MAY 2014
The Australian share market is expected to open slightly higher this week on the back of gains in global markets. AMP chief economist Shane Oliver is tipping a lift of five to 10 points at the local open. The S&P 500 finished the week above 1,900 for ...

Second PM Capital LIC now trading on ASX

MARK SMITH  |  FRIDAY, 23 MAY 2014
PM Capital's second listed investment company (LIC), the PM Capital Asian Opportunities Fund, is now available to trade on the ASX. PM Capital has raised $225 million across two IPO's since November 2013. The second IPO was targeted at investors looking ...

Bennelong CEO Jarrod Brown steps down

ALICE URIBE  |  THURSDAY, 22 MAY 2014
The chief executive of Bennelong Funds Management (BFM) Jarrod Brown is to step down from the business effective tomorrow. In statement the fund manager said that the search for a replacement chief executive was "well advanced." In the interim, BFM ...