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Market Wrap - Midday

AAP  |  MONDAY, 28 SEP 2009
... US on Friday, shares fell for a third consecutive day, with the Dow Jones Industrial Average slipping or 0.44 per cent to close at 9665.19.

Industry funds in NRL grand final

RUTH LIEW  |  MONDAY, 28 SEP 2009
Industry funds have won their way into the NRL grand finals with HOSTPLUS and ME Bank set to take center stage as major sponsors of the Melbourne Storm, who face the Parramatta Eels this weekend. HOSTPLUS, which is in its fourth year of Storm sponsorship ...

Liquidity flow versus trade flow

BENJAMIN ONG  |  MONDAY, 28 SEP 2009
... half of 2009 after touching bottom in early December last year. But after peaking in June, the index has again fallen by close to 48 per cent. This is one of the reasons cited by market bears for believing that the strong run in stocks - and commodities ...

Market Wrap - Morning

AAP  |  FRIDAY, 25 SEP 2009
... holds an extraordinary general meeting. On Thursday, the Australian share market retreated from Wednesday's 11-month high to close lower, amid declines on Asian bourses and weaker commodity prices affecting local resource stocks. The benchmark S&P/ASX200 ...

Asset Super pumps up insurance

RUTH LIEW  |  THURSDAY, 24 SEP 2009
Asset Super is introducing automatic life stage increases to members' insurance, and boosting the sum insured to each unit of standard cover in a bid to tackle underinsurance. The $1.1 billion industry fund will increase each unit of standard cover ...

Market Wrap - Morning

AAP  |  THURSDAY, 24 SEP 2009
The Australian sharemarket is likely to open lower on Thursday after US equities and commodity prices declined overnight. At 0746 AEST on the Sydney Futures Exchange, the December share price index contract was down 28 points at 4719. In economic news ...

Legalsuper seeks hedge funds

RUTH LIEW  |  WEDNESDAY, 23 SEP 2009
The $1.2 billion legalsuper is looking to allocate mandates to hedge fund and credit investment managers. Andrew Proebstl, chief executive of the industry fund, said he was considering allocating between two to three per cent of the fund's current $1.2 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 23 SEP 2009
The Australian share market is likely to open higher after gains in US and European equity markets and commodity prices. At 0758 AEST on the Sydney Futures Exchange, the December share price index contract was up 19 points at 4706. In news on Wednesday ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 SEP 2009
The Australian share market is likely to open lower after most US and European share indices, as well as the price of oil, declined overnight. At 0750 AEST on the Sydney Futures Exchange, the December share price index contract was down 15 points at ...

Market Wrap - Morning

AAP  |  MONDAY, 21 SEP 2009
... releases its new motor vehicles sales data for August. On Friday, the Australian share market snapped a three-day rally to close lower on profit-taking and weaker commodity prices. The benchmark S&P/ASX200 index was down 21.7 points, or 0.46 per cent ...

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 Funds 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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