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General

Emerging market bonds bull run to continue: PIMCO

Emerging market (EM) bonds will continue to be an attractive asset class for the remainder of this year and next, according to global fixed income manager PIMCO.

Fund managers doubt local equities: Russell

Overvaluation of the Australian equity market is a big concern and is driving offshore investment, at least according to a survey just released by Russell Investment Group.

Hurricanes hit US equity funds, Latin American funds back in favour

A global fund research report reveals that investors are taking their money out of the US funds and swapping into Latin American, European and Japanese funds.

Market wrap

AAP  |  WEDNESDAY, 14 SEP 2005
The Australian share market is likely to open weaker as softer oil prices, mixed base metals and a poor offshore lead combine to weigh on the local bourse.

ACTU renews call for 15 per cent SGC

The Australian Council of Trade Unions (ACTU) secretary Greg Combat has called for an increase in the superannuation guarantee contribution from its current 9 per cent to 15 per cent.

US online broker taps into local options market

US online broker optionsXpress has entered the Australian market launching the first online options trading for Australian investors.

ABN Amro launches ethical approach to CDOs

ABN Amro has launched a socially responsible collateralised debt obligation (CDO) to meet the ethical investment mandates of institutional investors.

APRA cautions institutions on property valuations

Financial institutions have moved away from traditional property valuations towards 'streamlined valuation methodologies', which are yet to be tested in a property market downturn, according to the Australian Prudential Regulation Authority (APRA).

Perpetual FUM falls but still on track for profit target

Perpetual has informed shareholders it is on track to achieve an operating profit increase of 25 per cent for the financial year to end June.

NAB's half year results on track

The National Australia Bank (NAB) has posted its half year results with cash earnings before significant items of $1.62 billion and after significant items of $2.439 billion.