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| | | ... growth opportunities over the medium term through a single investment structure. Investors can select exposure to the US market via the S&P 500 index, Asia (excluding Japan) via the MSCI AC Asia-ex Japan index or Australia via the S&P/ASX200 index. "Investors ... |
| | | | ... mark about other sectors at this point." Mr Xiradis said the local market followed falls in the US and Europe. "The US market and European markets were weak," he said. "We've been down sharply for two days so it is a bit of ongoing volatility." Weaker ... |
| | | | Credit Suisse has appointed Ray McGregor as managing director and head of private banking Australia. McGregor will be based in Sydney reporting functionally to Francois Monnet, head of private banking Southeast Asia and Australasia, and locally to country ... |
| | | | Australian shares were lower at noon on the back of ailing commodity prices and a strong negative lead from Wall Street. At 1200 AEDT, the benchmark S&P/ASX200 was down 171.1 points, or 4.12 per cent, at 3,985, while the broader All Ordinaries lost ... |
| | | | ... direction but I think we're going to be a little bit quieter today," Mr Leppinus said, "Until we get some certainty from the US market, we are going to be volatile." Banking stocks were mixed. National Australia Bank dropped five cents to $23.98, Commonwealth ... |
| | | | Australian stocks were higher at noon after all major US indices surged more than eleven per cent overnight. At 1200 AEDT, the benchmark S&P/ASX200 was up 219 points, or 5.24 per cent, at 4399.7, while the broader All Ordinaries had gained 227.6 points ... |
| | | | ... during this period. The reverse happened in the period from mid-2000 to early 2003 - Australian equities outperformed the US market. This year, the correlation between the US and Australian stockmarkets has risen again and the corresponding relative ... |
| | | | ... market had been "overdone" yesterday. "The market has given up yesterday's rally, driven by the resources sector, and the US market also closed a little softer than expected," he said. Commonwealth Bank of Australia fell $1.08, or 2.41 per cent, to $43.79 ... |
| | | | Perennial Global Shares High Alpha fund returned 1.68 per cent last month, more than double its benchmark's 0.67 per cent gain. But for a fund with an impressive two-year track record, only a small pool of investors has heard about it. The fund was ... |
| | | | A falling oil price in electronic trading in New York overnight may boost the Australian stock market today, although it may also have a constraining effect on energy stocks. With physical markets on Wall Street closed for Labor Day, there is otherwise ... |
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