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Showing 5841 - 5850 of 5927 results for "March 27"

Morning market wrap: UK, US shares dumped

Shares in the US and in London fell sharply as the rally that had pushed both markets up since March appeared to be over. Losses were particularly heavy on the FTSE-100, as the index plummeted 107.70 points to finish beneath the 4,000-mark. In the US ...

Commonwealth Bank remains confident of earnings growth

The Commonwealth Bank of Australia (CBA) has announced that it remains confident of achieving satisfactory earnings growth for 2002/03 as it continues to benefit from the housing boom. In an analysts' briefing, CBA chief executive David Murray said ...

Retail managed fund assets down 1.6% in March quarter

Australian retail managed fund assets decreased 1.6 per cent to $286.14 billion over the three months to March 31, according to Morningstar. The biggest falls during the quarter were in unit trusts and in retail superannuation pensions with each category ...

Value outperforms growth, but no time to switch: Mercer

The profound impact of investment styles on returns over the past three years has again been highlighted, this time by Mercer Investment Consulting's latest survey. In the three years to March 2003, growth stocks returned -24.6 per cent while value ...

AMP Life to appeal Takeovers Panel decision

AMP Life has launched an appeal with the Takeovers Panel after it ruled in favour of Centro Properties in relation to Centro's bid for the AMP Shopping Centre Trust (ART). "The application from AMP Life seeks a review of the decision of the Sitting ...

Morningstar gives three-star rating to Colonial small caps

Morningstar has given Colonial First State a three-star rating for its small capitalisation growth 'GDP plus' investment process. The Colonial fund offers a portfolio of very small companies (Developing Companies Fund) as well as the more typical and ...

Master funds and wrap platforms dominate retail inflows: Assirt

Net inflows into master funds and wrap platforms continued to dominate total retail inflows for the March 2003 quarter-with $1.8 billion of net inflows being reported for the period-according to the latest Assirt market share report for the March 2003. ...

Super investment in innovative strategies "questionable": APRA

The compulsory nature of superannuation savings makes it "questionable" whether these funds should be channelled into "cutting edge" financial investments that may involve a higher level of risk-such as hedge funds-the Australian and Prudential Regulation ...

National takes $205 million hit on wealth management business

The National Australia Bank (NAB) has announced a net profit of $1.87 billion for the six months ended 31 March, a fall of 17%, as the company reduced the value of its wealth management business by $205 million. Managing director and chief executive ...

Centro hails Takeovers Panel victory on ART

Centro Properties has warmly welcomed a decision by the Takeovers Panel that will prevent AMP Life from exercising any pre-emptive rights over the interest held by AMP Shopping Centre Trust (ART) in five major shopping centres. The panel had ruled that ...