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Inflation surges but interest rates should stay put

... prices for the quarter. The latest figure takes the annual rate of headline consumer price inflation up to 3 per cent - the top of the RBA's 2-3 per cent target band - from 2.5 per cent in the June quarter. But again, this was lower than market expectations ...

Growth-Style Equities strong third quarter: Morningstar

... MIR fund focuses on mid-caps through a relatively concentrated portfolio, making it the only value manager to be among the top performing funds over the year. Investors Mutual did not fare so well, with its Industrial Share Fund returning 3.73 per cent ...

Fund transfer protocols need to catch-up with technology: ASFA

The Australian Super Fund Association (ASFA) says super funds taking a long time to process member payments because of delays in completing identity checks are causing tensions with members. ASFA Chief Executive Officer Philippa Smith said "There can ...

Buy NZ debt: Rapid Ratings

... reveals they offer high yields and low risk levels. The NZDX report rated pay television provider Sky TV Networks (Sky) as the top rated debt issuer at A3 (87), indicating that the company carries low risk but high quality assets. Sky was followed by ...

Global hedge funds strong but still below ASX

... still underperforming local equities. The results are contained in the just released VAN Global Hedge Fund index report. The top hedge funds sector for the 12 months to end September were emerging markets special strategies with a 22 per cent annual ...

NSW bookies top super fund

... Investments Super ranked number two with 8.9 per cent followed by Australian Unity's Total Super for Business with 8.7 per cent. The top ranked industry funds were MTAA Super and REST, both with 8.6 per cent. The results are revealed in the latest SelectingSuper ...

Platypus leads pack with 44.4 per cent return

A little-known Sydney-based fund manager Platypus Asset Management has beaten the big guns to take the top spot in Intech's fund manager performance league tables this year. According to Intech's figures on the best performers in the Australian equities ...

Market Wrap

AAP  |  WEDNESDAY, 19 OCT 2005
... in the United States, oil prices fell and shares in AstraZeneca slid after a rival said it was planning a cheap copy of its top-selling drug. The FTSE 100 closed at 5263.9, down 22.6 points.

Internet spending will catch up: Allianz Global Tech

... positioned itself to capture the predicted tech rebound with Google Inc, Yahoo! Inc and security software Verisign Inc among its top ten holdings. In the year to date, the fund has returned just over 19 per cent, against the sector average of 13.97 per ...

Market Wrap

SYDNEY - the Australian share market is expected to open firmer as a solid lead from the US, coupled with firm base metal, oil and precious metal prices, ensures the local markey gets off to a flier today. Resource stocks will be watched closely, although ...