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Market Wrap - Morning

AAP  |  WEDNESDAY, 16 JAN 2008
The Australian share market is expected to open lower as US stocks plunged overnight on the back of a record quarterly loss at top US bank Citigroup Inc and a surprise drop in US December retail sales. On the Sydney Futures Exchange at 0805 AEDT, the ...

SMSFs lead charge

Self managed super funds (SMSFs) are fast closing in on retail funds as the largest super fund segment by total assets, based on the latest APRA statistics released last month which showed SMSFs posting higher growth than retail and other fund segments. ...

Market wrap - midday

AAP  |  MONDAY, 14 JAN 2008
The Australian stock market remained in the red at noon, after local figures showed inflationary pressures have intensified, and following another poor performance on Wall St. This morning, the monthly inflation gauge prepared by TD Securities-Melbourne ...

Market wrap - midday

AAP  |  THURSDAY, 13 DEC 2007
A directionless Australian share market edged into positive territory at noon as a positive but erratic lead from Wall St was offset by an ailing property trust sector. General insurers also were lower as claim numbers related to storms in Sydney last ...

More bite from subprime

MICHAEL HOBBS  |  THURSDAY, 13 DEC 2007
The US is likely heading for a recession as consumer spending plummets because of the subprime mess, according to Matthew Drennan, investment director at Zurich. Speaking at a briefing yesterday, Drennan said the securitised amount of subprime credit ...

Instos to buy more alternatives

MICHAEL HOBBS  |  FRIDAY, 7 DEC 2007
Local institutional investors will continue to pour more money into private equity and real estate, according to a new report on alternative investments. The annual Russell Investments Survey on Alternative Investing report surveyed 326 institutions ...

Markets not governments set interest rates

ALEX DUNNIN  |  TUESDAY, 4 DEC 2007
While the sub-prime fiasco showcases how banks are still the crown jewel of the financial system, the expanding role of non-bank financiers is unstoppable and market regulators will eventually have to figure out a way to deal with this new reality. ...

One in 10 investors are switchers

MICHAEL HOBBS  |  TUESDAY, 27 NOV 2007
One in ten US retirees and pre-retirees are looking to change financial institutions at any one time based on costs or level of service they receive, according to research from Aite Group. US-based research firm Aite Group surveyed 505 people in the ...

Securitised assets get RAMmed

WWW.THESHEET.COM  |  TUESDAY, 27 NOV 2007
Just as RAMS Home Loans Group chairman announced the home lender was no longer a going concern, the Australian Bureau of Statistics (ABS) has released new figures confirming that securitised asset levels in Australia are contracting on the back of the ...

Money tips for independent women: ANZ

MICHAEL HOBBS  |  THURSDAY, 22 NOV 2007
Following a commissioned research that revealed even confident women can feel intimidated when it comes to investing, ANZ has created a website that allows them to figure out a financial solutions for themselves before seeking expert advice. The bemoneyconfident.com ...