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Market Wrap - Morning

AAP  |  WEDNESDAY, 25 JUN 2008
... 258.94 points, at its session low of 22,456.02. WELLINGTON - The sharemarket inched higher on a handful of healthy gains among top-50 stocks, after an eight-day losing streak petered out on Monday. The benchmark NZSX-50 index closed up 10.6 points, or ...

Pension alternatives investments top $860bn

MICHAEL HOBBS  |  TUESDAY, 24 JUN 2008
... It found the amount of infrastructure and commodity assets under management in global pension funds was growing, with the top 10 managers in this area accounting for $45.18 billion and $16.8 billion respectively. "There is no let up in the demand for ...

Ascalon buys 50pc stake in Sigrun

MICHAEL HOBBS  |  MONDAY, 23 JUN 2008
... said Basile. Lam said the firm tracked Sigrun's performance over a 12-month period and found it had consistently been in the top domicile of domestic managers and delivered positive alpha. "Sigrun's investment and risk management process allows Sigrun ...

TRS pumps $1.26bn into PE

RUTH LIEW  |  MONDAY, 23 JUN 2008
... private equity or 5.8 percent of the total portfolio as of the end of March this year. Private equity remains one of TRS's top performing asset classes, producing 23 percent returns over the one-year and three-year reporting periods ending March 31 and ...

CFA launches SRI guidelines

MICHAEL HOBBS  |  MONDAY, 23 JUN 2008
The CFA Institute produced a top 10 list of responsible investment guidelines to help investors understand and incorporate socially responsible investments (SRI) into their portfolio. The list was developed after CFA members highlighted the need for ...

Market Wrap - Morning

AAP  |  MONDAY, 23 JUN 2008
... The Dow closed at its second-lowest level this year and below 12,000 for the first time since March 17. LONDON - Britain's top share index closed 1.5 per cent lower on Friday as concerns over more losses and fundraising dragged down banks, while investors ...

Planner buying spree tops $17bn

... of funds under advice (FUA) has changed ownership in the last six months, resulting in a major reshuffle of the country's top 10 financial planning groups. The largest deal to date was AXA's $150 million purchase of Genesys, which boasts $12 billion ...

Market Wrap - Morning

AAP  |  THURSDAY, 19 JUN 2008
... firmed 104.45 points to 14,452.82. HONG KONG - Shares strengthened on a strong rally in Shanghai stocks and a jump in Asia's top refiner, Sinopec Corp, on a drop in oil prices. The Hang Seng Index added 267.81 points to 23,325.80 WELLINGTON - The NZSX-50 ...

AFA launches 2008 Adviser of the Year

... this year's AFA Adviser of the Year Award, marking the sixth year the non-profit advisory body pays tribute to the country's top advisers. "The Adviser of the Year award recognises the best adviser talent around Australia. The AFA expects even stronger ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 18 JUN 2008
... far for trading," Mr Vaughan said. "We still have financial issues globally." US stocks fell 0.9 per cent last night after top investment bank Goldman Sachs warned that US banks would have to raise as much as $US65 billion in capital and forecast the ...