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General

IAG Asset Management appoints new chief investment officer

IAG Asset Management Limited has appointed John Stratton to the position of chief investment officer, replacing David Dixon...

Morning market wrap: US stocks, bonds edge lower

US stocks eased overnight, as markets continued to digest the implications of a disappointing earnings result from Hewlett-Packard Co.

ASIC defends its actions

The Australian Securities and Investments Commission (ASIC) has today denied allegation made in BRW saying that it has a project to target high-profile individuals...

Afternoon market wrap: Banks push share market higher

The Australian share market crept higher in afternoon trade, the All Ordinaries index eventually closing 2.2 points higher at 3,169.9.

IAG announces $153million profit for the year

The Insurance Australia Group (IAG) announced today a net profit of $153 million after tax for the year ended 30 June 2003...

Colonial First State receives financial services licence

Large Australian fund managers have begun to receive their new Australian Financial Services Licences (AFSL), with Colonial First State Investments Limited among the first recipients...

Morningstar awards five stars to AXA Bernstein's value-style investment

Morningstar has awarded five stars to AXA’s Sanford and Bernstein value-style international equities investment management process, citing clear articulation, extensive pre-investment debate...

Macquarie & E&Y launch charity establishment framework

Macquarie Private Bank and Ernst & Young will tonight launch their joint project, The Art of Giving, which allows individuals and corporations to streamline the establishment...

Midday market wrap: Local shares mark time

The Australian share market was steady in morning trade, following an easing overnight in major international markets.

Midday market wrap: Local shares, bonds stronger

Australian shares traded higher in the morning session, following modest rises overnight in the US.