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Market Wrap

AAP  |  FRIDAY, 17 JAN 2014
The Australian stock market is lower, with strong gains in resources stocks offset by falls elsewhere. IG market strategist Evan Lucas said the market spent the morning in the red following a soft lead from the US where disappointing earnings results ...

Kardinia appoints new investment analyst

HARRY PAGE  |  FRIDAY, 17 JAN 2014
Kardinia Capital (Kardinia) has expanded its investment team with the appointment of former Nomura Australia (Nomura) executive Peter Lucas. At Nomura, Lucas played a key part in establishing the company's Australian equities business in his role as ...

Realindex outperforms as it passes five-year milestone

MARK SMITH  |  FRIDAY, 17 JAN 2014
The outperformance of Realindex's fundamental index funds during a period of protracted volatility is indicative of the strategy's advantages over traditional capitalisation-weighted index funds, according to the fund manager's chief executive Andrew ...

Fear not the fugly jobs report

BENJAMIN ONG  |  FRIDAY, 17 JAN 2014

Market Wrap

AAP  |  FRIDAY, 17 JAN 2014
The Australian market looks set to open flat after disappointing earnings from Citigroup and Best Buy's poor holiday sales pulled Wall Street back from its previous day's solid gains. At 0645 AEDT on Friday, the March share price index futures contract ...

NAB promotes exec to new custody BDM role

HARRY PAGE  |  THURSDAY, 16 JAN 2014
NAB Asset Servicing has appointed Peter Hele as the head of business development for Australia and New Zealand. Hele will be responsible for NAB's engagement with industry custody consultants and for new business across all industry sectors and start ...

There's the good news and the good news

BENJAMIN ONG  |  THURSDAY, 16 JAN 2014

Market Wrap

AAP  |  THURSDAY, 16 JAN 2014
The Australian market looks set to open higher following a strong performance on Wall Street after the World Bank said the global economy was at a turning point. At 0858 AEDT on Thursday, the March share price index futures contract was up 24 points ...

Key PIS and Asteron execs move to Millennium3

ALICE URIBE  |  WEDNESDAY, 15 JAN 2014
Two key executives from Professional Investment Services (PIS) and Asteron respectively have joined the practice management division of the ANZ-owned dealer group Millennium3. The former PIS regional manager for Queensland Mark Stubbing has joined Millennium3 ...

Market Wrap

AAP  |  WEDNESDAY, 15 JAN 2014
Australian shares have bounced back from Tuesday's losses, thanks to a positive lead from Wall Street. The market is more than three-quarters of a per cent higher, which partly offsets the previous session's 1.5 per cent slide. Morgans senior private ...