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| | | ... suffering from profit-taking. "The weakness is across the board and it's a fairly lacklustre day," Ms Spencer said. "Financials are generally on the weaker side and the weaker commodity prices and recent strength in the sector is seeing some profit-taking. ... |
| | | | ... put on nine cents, or 3.26 per cent, to $2.85 and Sims had appreciated 61 cents, or 2.75 per cent, to $22.82. Among financials stocks, Macquarie Group and AMP were outperforming their bigger peers, Mr McCarthy said. Macquarie was up $1.06, or 2.2 per ... |
| | | | ... evaluate the quality of a company's financial statements and the standard of governance by management to prepare those financials. The measurement was implemented into the fund manager's active global and international equity strategy. "From a returns ... |
| | | | ... managed by Alliance Growth Equities, from three to four stars. Investors Mutual's industrials-sector fund and Aberdeen's financials-sector fund have retained three-star ratings. "All four managers run broader Australian equity-market products. They are ... |
| | | | ... in the resources sector. "Resources are the star performers pushing us into positive territory," Ms Spencer said. "Financials are somewhat on the backfoot and industrials are a bit mixed." Resources giant BHP Billiton gained 57 cents, or 1.31 per cent ... |
| | | | ... its long-term average at around 25 per cent. "We're relatively bullish on the market. We've got a strong exposure to financials and small retailers," he said. Approximately 55 per cent of K2 Asset Management's funds under management (FUM) come from financial ... |
| | | | ... adviser and strategist Michael Heffernan said the major financial stocks were lower on profit-taking. "Overall, the financials are a bit weaker with Macquarie Group down a bit," Mr Heffernan said. ANZ was five cents lower at $25.40, CBA was 43 cents ... |
| | | | ... plans to launch a number of other sector based ETFs to the market including Aii S&P/ASX 200 Energy, Aii S&P/ASX 200 Financials and Aii S&P/ASX 200 Industrials. |
| | | | ... most defensive names in the most aggressive sectors," he said. Similarly, the fund also invested in the most sturdy financials at a time when the sector was battered. Shunning shares in Citi and, at one time, Bank of America, the fund invested in JP ... |
| | | | ... "There's a good chance we could close down today after some profit-taking before the weekend," Mr Potter said. "The financials are the main worry with most of the major banks trading down, while the materials sector is the best performing sector." Mining ... |
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