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APRA releases 2010 fund level returns

ALEX DUNNIN  |  TUESDAY, 1 FEB 2011
APRA has released its 2010 fund level data league tables, showing that measured by the controversial 'whole of fund' metric that Australia's top funds are the corporate funds Goldman Sachs, CommBank Officers and Worsely Alumina. Sitting in fourth, fifth ...

Market Wrap - Midday

AAP  |  TUESDAY, 1 FEB 2011
The Australian stock market was firmer at noon as concerns over Egypt supported higher oil prices and led to gains among energy-linked companies. At 1212 AEDT, the benchmark S&P/ASX200 index was up 11.6 points, or 0.21 per cent, at 4,765.5, while the ...

Aviva Investors gains ground in Singapore

ELISE BURGESS  |  TUESDAY, 1 FEB 2011
Aviva Investors has secured a licence that allows the fund manager to offer its services in Singapore to both retail and institutional clients. "The new license basically compliments our hiring a head of equities and a head of fixed income to compliment ...

Market Wrap - Morning

AAP  |  TUESDAY, 1 FEB 2011
The Australian market is receiving generally positive leads from offshore trading overnight, with Wall Street indices rebounding from heavy losses on Friday. Precious metals were mixed, but oil prices surged. On the ASX 24 at 0738 AEDT, the March share ...

Speck of sand

BENJAMIN ONG  |  TUESDAY, 1 FEB 2011
... unexpected mole popping up through the course of the year, US equities end-2011 performance should reflect January's positive close.

Market Wrap - Midday

AAP  |  MONDAY, 31 JAN 2011
... exchange strategist Greg Gibbs said the local unit had bounced from its weekend lows. "It's been trading a bit softer than its close in New York, primarily on continued nerves around the situation in Egypt and what impact that may have on global markets," ...

Downgrade me

BENJAMIN ONG  |  FRIDAY, 28 JAN 2011
I don't know about you but it seems to me that everybody and his dog are now tuning in into the "Fiscal Deficit & Sovereign Debt Watch" show. Of course, there's nothing closer to our Australian hearts than the Gillard and Swan tandem disaster levy just ...

Market Wrap - Morning

AAP  |  FRIDAY, 28 JAN 2011
... Building Ltd. Energy Resources of Australia Ltd full year results. On Thursday, the Australian share market has drifted to close flat in muted trade, with mining stocks firming. The benchmark S&P/ASX200 index closed down 1.7 points, or 0.04 per cent ...

Trustees review fine print

RUTH LIEW  |  THURSDAY, 27 JAN 2011
The twin themes of super funds gaining more scale and moving more of their investment management in-house will force trustees to add extra layers of governance or risk losing large sums of fund members' money, experts said. The recent case of AvSuper ...

Ratings firm expands fund coverage

ELISE BURGESS  |  THURSDAY, 27 JAN 2011
Investment research house Morningstar has started its closed-end funds (CEFs) analyst coverage of 30 individual funds, with plans to expand its qualitative analyst research reports to listed investment companies (LICs) in Australia. As part of the coverage ...