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Showing 3341 - 3350 of 7106 results for "June 2023"

Market set to fall

AAP  |  THURSDAY, 23 JUL 2015
The Australian market looks set to fall after a weak session on Wall Street due to disappointment with earnings reports from the likes of Apple and Microsoft. At 0700 AEST on Thursday, the September share price index futures contract was down two points ...

Greece, China damage global hedge fund returns

LAURA MILLAN  |  WEDNESDAY, 22 JUL 2015
Hedge fund returns have been hit by the Chinese market correction and by the Greek debt crisis, a global Eurekahedge report for June 2015 showed. After five months of consecutive gains, hedge funds posted their first monthly loss this year in June  ...

Market to open lower

AAP  |  WEDNESDAY, 22 JUL 2015
The Australian market looks set to open lower after Wall Street and European markets fell as volatile commodity prices and company results hit shares. At 0802 AEST on Wednesday, the September share price index futures contract was down 27 points at ...

Activist shareholders agitate AMP China fund

LAURA MILLAN  |  TUESDAY, 21 JUL 2015
Asian hedge fund manager LIM Advisors called for shareholder action to force AMP Capital to take steps to narrow the 26% discount on its China Growth Fund. LIM Advisors said it will call an extraordinary general meeting to take the matter to unitholders ...

Gold's no longer gold

BENJAMIN ONG  |  TUESDAY, 21 JUL 2015
Well they tried, and they tried, and they tried, but it seems that there's just no bringing back gold's shine. Gold was hit for six - that is, prices dropped for a sixth consecutive day overnight - down to a low of US$1,088.05 per ounce (the lowest ...

Findex life insurance goes commission-free

ALEX BURKE  |  MONDAY, 20 JUL 2015
Findex's Centric Wealth and Financial Index Wealth Accountants divisions will now only recommend commission-free life insurance policies. As per the recommendations provided by the Association of Financial Advisers (AFA), Financial Planning Association ...

Market to open flat

AAP  |  MONDAY, 20 JUL 2015
The Australian market looks set to open flat following mixed performances on US and European markets after a revamped Greek government took over in an effort to enforce tough fiscal reforms that accompany a third bailout deal. At 0810 AEST on Monday ...

Fed lady sings (the same old song)

BENJAMIN ONG  |  FRIDAY, 17 JUL 2015
The Fed lady sang for two consecutive days but "not a creature was stirring, not even a mouse". The S&P 500 index fell all of 0.07% when Janet testified before the House Financial Services Committee on the 15th, but more likely than not this was due ...

Fund managers take cover behind cash sandbags

MARK SMITH  |  THURSDAY, 16 JUL 2015
Fund managers have ratcheted up their cash positions to levels not seen since before the financial crisis, the latest global survey from Bank of America Merrill Lynch shows. The July numbers show that cash levels have soared to an average of 5.5%, up ...

BTIM share offer oversubscribed

ALEX BURKE  |  THURSDAY, 16 JUL 2015
Westpac Group announced the sale of 27 million BT Investment Management shares had been oversubscribed at $8.20 per share. This follows Westpac's announcement in June that it was selling part of its stake in BTIM; the offer opened on 22 June and closed ...