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Never wrong

BENJAMIN ONG  |  WEDNESDAY, 25 MAY 2011

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 MAY 2011
... Economic Activity for March, and the Australian Bureau of Statistics (ABS) issues data on construction work in March. In equities, Westfield Holdings Ltd, Iluka Resources Ltd and Indophil Resources NL hold annual general meetings. In Melbourne, Telstra ...

Hyperion scoops $600m mandate

ALISON BEVEGE  |  TUESDAY, 24 MAY 2011
Boutique Australian equities manager Hyperion Asset Management has won a substantial new mandate in what is regarded as a major success for the quality investor. The Construction and Building Unions Superannuation (Cbus) awarded Hyperion a $600 million ...

Market Wrap - Morning

AAP  |  TUESDAY, 24 MAY 2011
... Management (AOFM) conducts a tender process for the issue of $750 million in indexed bonds maturing on May 20, 2021. In equities news, Conto Resources Ltd lists on the Australian Securities Exchange, and Thorn Group issues full year results. Leighton ...

MTAA awards triple equities mandate

MATT WOODINGTON  |  FRIDAY, 20 MAY 2011
MTAA Super has restructured its Australian equities portfolio, awarding close to $800 million of new mandates to three separate fund managers. Ankura Capital has secured a $440 million mandate, while Bennelong Funds Management and Colonial First State ...

Bad news is good news

BENJAMIN ONG  |  FRIDAY, 20 MAY 2011
... nearly twice the 0.5 per cent slump markets expected - following a 0.8 per cent slump in the December quarter. Australian equities also ignored Moody's Investors Services downgraded long-term debt of CBA, Westpac, NAB and ANZ from Aa1 to Aa2 - as they ...

Market Wrap - Morning

AAP  |  FRIDAY, 20 MAY 2011
... the Australian Office of Financial Management will hold a tender for the issue of $750 million of October 2014 bonds In equities news, Virgin Australia chief executive John Borghetti will address an American Chamber of Commerce luncheon in Sydney. On ...

US to avoid default, EM stocks to rise: Janus

ALISON BEVEGE  |  THURSDAY, 19 MAY 2011
... raise the debt ceiling leaving Congress in deadlock. The deadline for agreement is August 2. In his outlook for global equities, Eisinger said last year's market was all about one trade: US dollar down and commodities up. He told Financial Standard that ...

No minute message in FOMC minutes

BENJAMIN ONG  |  THURSDAY, 19 MAY 2011
... Open Markets Committee (FOMC) meeting, dispel the markets' worries it did. Wall Street knows not to fight the Fed. US equities jumped around 1 per cent higher - ending three days of decline - after the FOMC minutes revealed that while members have started ...

Market Wrap - Morning

AAP  |  THURSDAY, 19 MAY 2011
... of Statistics (ABS) issues data on average weekly ordinary time earnings (AWOTE) for the three months to February. In equities news, James Hardie SE issues full year results. On Wednesday, he Australian share market finished modestly higher after Asian ...