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Market wrap AM

AAP  |  FRIDAY, 11 JAN 2013
... points in the early going. The Standard & Poor's 500 was up x points to 1,466, putting it on track to match its highest close in five years. The Nasdaq composite was down one point at 3,105. European Central Bank head Mario Draghi said the struggling ...

Market Wrap

AAP  |  THURSDAY, 10 JAN 2013
... 13,390.51, coming off of two days of losses. In Europe London's benchmark FTSE 100 index of top companies rose 0.74 per cent to close at 6,098.65 points, its highest level since May 2008. In local economic news, Australian residential building approvals ...

UBS Global AM secures major FI mandates

MARK STORY  |  FRIDAY, 21 DEC 2012
UBS Global AM has successfully been awarded two significant fixed income mandates in Australia, collectively worth close to A$2.8 billion. A leading Swiss-based global multi-line insurance provider has formally appointed Global AM as a fixed income ...

Market Wrap - PM

AAP  |  FRIDAY, 14 DEC 2012
... warned late on Thursday. The spot price of gold in Sydney was $US1,696.50 per fine ounce, down $US1.85 from Thursday's local close of $US1,698.35 per ounce. National turnover was 221.1 million securities worth $421.7 million, with 281 stocks trading ...

Mergers likely for Media Super

BEN COLLINS  |  FRIDAY, 14 DEC 2012
... already in play, said Noonan. First Super's current boss came out on top of an extensive recruitment process that turned up close to a dozen potential candidates, and Noonan said the fund feels lucky to have someone who understands the challenges the ...

Season's Greetings from Financial Standard

MARK STORY  |  FRIDAY, 14 DEC 2012
As 2012 comes to a close, the Financial Standard team would like to thank you for your continued readership and support. We reached several milestones in 2012, namely the launch of the: * FS Private Wealth: Journal of Family Office Investment ( www.fsprivatewealth.com.au ...

2013

ALEX DUNNIN  |  FRIDAY, 14 DEC 2012
Economists like predicting the future and so as 2012 draws to a close, what will be the big themes of 2013 for Australian institutional investors? The first one will be that Australia, as a fundamentally nervous nation, will continue to do all it can ...

Market Wrap - AM

AAP  |  FRIDAY, 14 DEC 2012
... lost 0.26 per cent, breaking a three-day rally that saw the market hit a 16-month high. The index eased 57.77 points to close at 22,445.58. Shanghai fell 1.02 per cent, or 21.25 points, to 2,061.48. WELLINGTON - New Zealand shares fell as investors continued ...

Market wrap PM

AAP  |  THURSDAY, 13 DEC 2012
... industrial average dropped 2.99 points, or 0.02 per cent, to 13,245.45. In Europe, London's FTSE 100 advanced 0.35 per cent to close at 5,945.85 points, while Frankfurt's DAX 30 gained 0.33 per cent to 7,614.79 points, its highest level since January ...

Market wrap AM

AAP  |  THURSDAY, 13 DEC 2012
... release much needed EU-IMF bailout funds appears to have progressed smoothly. London's FTSE 100 advanced 0.35 per cent to close at 5,945.85 points, while Frankfurt's DAX 30 gained 0.33 per cent to 7,614.79 points, its highest level since January 2008. ...