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Super fund asset allocation on hold

MICHELLE BALTAZAR  |  MONDAY, 18 AUG 2008
The country's major asset consultants said super fund trustees are not rushing to change their overall asset allocation strategies post the sub-prime crisis although some are placing fixed income assets under closer review. Financial Standard interviewed ...

Market Wrap - Midday

AAP  |  MONDAY, 18 AUG 2008
... commodities sell-off in the short term." Spot gold was trading in Sydney at $US795.05 an ounce, up $US4.40 on Friday's local close of $US790.65. Gold recovered after a multiday decline prompted by the rally in the US dollar. Australia's gold majors were ...

Market Wrap - Morning

AAP  |  MONDAY, 18 AUG 2008
... prices would force Americans to curb spending. The Dow Jones Industrial Average advanced 43.97 points, or 0.38 per cent, to close at 11,659.90, while the tech-rich Nasdaq composite fell 1.15 points, or 0.05 per cent to 2,452.52. The broad-market Standard ...

US pension funds review securities lending

MICHELLE BALTAZAR  |  FRIDAY, 15 AUG 2008
More than 45 per cent of major US pension funds and endowments are reviewing their securities lending programs after a number suffered liquidity issues during the worst of the credit crisis last year. This year financial services firm Greenwich Associates ...

Market Wrap - Midday

AAP  |  FRIDAY, 15 AUG 2008
... or three per cent, to $2.26. The spot price of gold in Sydney was $US794.85 an ounce, down $US38.05 on yesterday's local close of $US832.90. Gold slid overnight as strong US inflation numbers boosted the case for higher interest rates and a recovering ...

Market Wrap - Morning

AAP  |  FRIDAY, 15 AUG 2008
... 0.2 per cent as growth succumbed to global strains. In London the FTSE 100 index gained 48.8 points, or 0.90 per cent, to close at 5,497.40 FRANKFURT - The Dax ended 20.02 points, or 0.31 per cent, higher at 6,442.21 PARIS - The CAC 40 rose 17.94 points ...

Market Wrap - Midday

AAP  |  THURSDAY, 14 AUG 2008
... a poor lead from Wall Street overnight, with the Dow Jones industrial average losing 109.51 points, or 0.94 per cent, to close at 11,532.96.

Market Wrap - Morning

AAP  |  THURSDAY, 14 AUG 2008
... in early Wall Street trading. In London, the FTSE 100 index of leading companies lost 85.9 points, or 1.55 per cent, to close at 5,448.6. FRANKFURT - The Dax plummeted 2.49 per cent, or 163.68 points, to 6,422.19. PARIS - The CAC 40 dropped 2.56 per ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 13 AUG 2008
... following a weak lead from Wall Street overnight, with the Dow Jones industrial average losing 139.88, or 1.19 per cent to close at 11,642.47.

FPA reviews award categories

MICHAEL HOBBS  |  WEDNESDAY, 13 AUG 2008
... non members. The honorary member category, which was previously unused, has been withdrawn. Nominations for these awards close at the end of August.