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Market Wrap - Morning

AAP  |  WEDNESDAY, 2 JUN 2010
... and civil investigations into the Gulf of Mexico oil spill. The Dow Jones industrial average plunged shortly before the close of trade and minutes after Attorney General Eric Holder made the announcement. Stocks in energy companies and oil service providers ...

Market Wrap - Morning

AAP  |  TUESDAY, 1 JUN 2010
Australian shares are set to continue modest falls on Tuesday, although volumes are expected to be low at the open with no lead from major overseas markets due to public holidays. At 0737 AEST on the Sydney Futures Exchange, the June share price index ...

Market wrap - midday

AAP  |  MONDAY, 31 MAY 2010
The Australian share market drifted lower in morning trade to be almost half a per cent weaker at noon. At 1200 AEST the benchmark S&P/ASX200 index was down 19 points, or 0.43 per cent, at 4,438.5 points, after opening about eight points lower. The ...

AustralianSuper and AMP fight for super's most wanted

RUTH LIEW  |  MONDAY, 31 MAY 2010
Investors looking to move their funds from one super fund to another are most likely to choose AustralianSuper, followed by AMP, PSS and QSuper, new research shows. According to CoreData's latest survey of 595 individuals, 9.9 per cent would consider ...

Changing of the guard at Temasek

RUTH LIEW  |  MONDAY, 31 MAY 2010
Australian fund managers looking to do business with Asian sovereign fund Temasek will need to woo new leaders at the firm namely the new president and the new head of portfolio management announced last week. Dilhan Pillay Sandrasegara has been appointed ...

RIP May

BENJAMIN ONG  |  MONDAY, 31 MAY 2010
... today, while Japan's Nikkei-225 index requires a rocket attached to its bum to soar to the 13.2 per cent gain it needs to close May at zero. Again, in the words of Daryll Kerrigan, "Tell 'em..." May began with the uncertainty in Europe, it's ending with ...

Market Wrap - Morning

AAP  |  MONDAY, 31 MAY 2010
... on stock markets in Europe and New York on Thursday. The headline Nikkei index rose 123.26 points, or 1.28 per cent, to close at 9,762.98. HONG KONG - Hong Kong shares rose as dealers welcomed China's rebuttal of claims that it was reviewing its eurozone ...

Market Wrap - Midday

AAP  |  FRIDAY, 28 MAY 2010
... performances across the board." The Australian dollar was trading at $US0.8525 at 1200 AEST, up from $US0.8357 at Thursday's close. Among the banks, Commonwealth was up $1.50, or 2.96 per cent, at $52.23, Westpac was 76 cents higher, by 3.35 per cent ...

Great Southern investors fight back

COMPANY RELEASE  |  FRIDAY, 28 MAY 2010
... Willemsen, M+K principal in charge of the case, "The package offered to investors included a finance option. There was a very close interconnectedness between GSMAL and Great Southern Finance in the joint promotion of forestry and non-forestry projects ...

Austock hires insto sales manager

PRESS RELEASE  |  FRIDAY, 28 MAY 2010
... business, cut costs and maintain a strong cash position. This follows after the group's asset management division was forced to close the High Yield fund following a rise in redemption requests from investors. The fund was later sold.

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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