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Market wrap

AAP  |  MONDAY, 27 MAR 2006
... last Friday. HONG KONG - Stocks ended lower as sentiment grew cautious ahead of the US Federal Reserve rate-setting meeting next week, but H-shares closed at their highest level in a month, fueled by speculation of further yuan appreciation. The Hang ...

NZ and Aussie dollar slide a plus for bond managers

... Oliver, said those who got in early and bought NZ bonds will see good value, ahead of predicted interest rate cuts within the next 12 months. "New Zealand bond are yielding 5.77 per cent over 10 years, which is the highest out of developed world countries ...

Daily economic update

... slow, expect the US Federal Reserve to continue raising interest rates. The US Federal Open Market Committee (FOMC) will meet next week - the first meeting under the chairmanship of Ben Bernanke. While it is widely expected that the FOMC will lift the ...

Market wrap

AAP  |  FRIDAY, 24 MAR 2006
... FTSE 100 ended lower, failing to hold above they key psychological 6,000 resistance level as results from clothing retailer Next and grocery chain Morrison disappointed investors. The FTSE ended the session down 17.4 points to 5990.1. FRANKFURT - The ...

Super SA partners with IFFP to offer commission-free advice

Starting next month, Super SA will be partnering with Industry Fund Financial Planning (IFFP), a division of IFS, to offer commission-free financial advice to their 180,000 members. IFS general manager David Haynes said that following a tender process ...

Colonial First State appoints head of global equities

... Management (CFS) announced the appointment of a new head of global equities. Habib Subjally will commence in the role from next month, moving over from his current position with Credit Suisse in London. His new role will also be based in London. Chief ...

PetersMacGregor launches fund based on its IMA

... executive of PetersMacGregor, said while transitioning from IMA to managed fund may seem an unusual step, it was a natural next step in their evolution. Craigie said the thing that is different about the fund is that because most of their IMA clients ...

STA/ARF mega fund to expand menu and beef up insurance

... November. The fund remains tight-lipped on who will be the service providers come July but expects to bed down the details by next month. "Over the next three weeks, we'll have all the issues cleared up but we won't be making announcements as we go along," ...

Daily economic update

... benign reading on core CPI released last week. Fed fund futures are pricing in a 100 per cent probability of a tightening next week but expectations have fallen to 70 per cent for a tightening in May from 90 per cent previously. Is it important for the ...

Follow the golden BRIC road: S&P

... specialist emerging markets funds - particularly dedicated BRIC (Brazil, Russia, India and China) country funds - over the next few years aimed at capturing the strong investment growth in those economies. Australia could soon add to the list of UK and ...