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Market Wrap PM

AAP  |  TUESDAY, 10 SEP 2013
Australian shares have opened slightly firmer on the back of positive economic news out of the US, China and Japan. Resources stocks were posting the largest gains, with Tony Abbott's election victory and the coalition's pledge to repeal the mining ...

Market Wrap AM

AAP  |  TUESDAY, 10 SEP 2013
... Congress to plans to launch a military strike on Syria. Stocks moved higher at midday and stayed fairly high through the close. LONDON - European equities retreated despite gains across Asia, as sentiment was hit by fresh fears over Syria and the possible ...

OMTs - one year on

BENJAMIN ONG  |  TUESDAY, 10 SEP 2013
It's all about China.A It's not landing hard.A It's stabilising. That's what you'll read in most finance headlines this morning Virginia as the main pusher of positive sentiment in Asian equity markets yesterday and Wall Street overnight. Europe closed ...

Market Wrap PM

AAP  |  MONDAY, 9 SEP 2013
Australian shares have opened slightly firmer on the back of positive economic news out of the US, China and Japan. Resources stocks were posting the largest gains, with Tony Abbott's election victory and the coalition's pledge to repeal the mining ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 9 SEP 2013
In the latest edition of Financial Standard we look at how hedge funds are reacting to the Australian Securities and Investments Commission's (ASIC's) proposed new portfolio holdings disclosure requirements We also take a closer look at reporting season ...

Market Wrap AM

AAP  |  MONDAY, 9 SEP 2013
... closer to the Fed's target of 7.0 per cent for raising interest rates, and European stocks soon fell back into the red. At close, London's benchmark FTSE 100 index showed a gain of 0.23 per cent at 6,547.33 points. Frankfurt's DAX 30 climbed 0.49 per ...

ETF market closes in on $9 billion milestone

MARK SMITH  |  FRIDAY, 6 SEP 2013
Australia's exchange traded product (ETP) market has expanded rapidly in 2013, reaching a record $8.8 billion in assets according to the latest ASX Funds Monthly Update. The report shows Australia's ETP industry, has grown by 61% in the 12 months to ...

Market Wrap AM

AAP  |  FRIDAY, 6 SEP 2013
The Australian share market looks set to open slightly higher after Wall Street rose on encouraging US employment data. At 0740 AEST on Friday, the September share price index futures contract was up nine points at 5,147. In economic news on Friday ...

RBC to close Melbourne custody office

JAMES FERNYHOUGH  |  THURSDAY, 5 SEP 2013
Redundancies are on the cards at Royal Bank of Canada's custody arm, RBC Investor and Treasury Services, after it confirmed it will be closing its Melbourne operations and moving the entire Australian business to its Sydney headquarters. The move is ...

Fund managers mislead researchers on reasons for staff turnover

MARK SMITH  |  THURSDAY, 5 SEP 2013
Senior management teams at some investment managers are deliberately misleading research houses about reasons for staff turnover in a bid to preserve their ratings, according to ProCapital managing director Dr Jerome Lander. The manager selection expert ...