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General

Tower announces half year loss of $136.95 million

Tower has announced a half year loss of NZ$154.4 million (A$136.95 million)...

Principal Group tipped to launch counter bid for POF: Analysts

The US-based Principal Group is the favourite among analysts to launch a counter bid for Principal Office Fund (POF) following Investa Property Group's $1.87 billion offer...

Wine critic pours out frustration at fund managers

Leading wine critic Jeremy Oliver has criticised the increasing role that share industry analysts and fund managers, with little hands-on wine industry experience, are taking...

Morning market wrap: US shares charge higher

After a pause last week shares in the US were given a fresh boost by encouraging economic data, pushing the Dow Jones index up 179.97 points to 8781.35...

Tasmanian doctor to face 35 securities charges

The Australian Securities and Investments Commission (ASIC) has announced that it has committed Hobart-based Dr Jasbir Singh Narulla to stand trial on a total of 35 charges...

Morningstar gives three stars to Colonial's 452 Capital offering

Morningstar has awarded three stars to 452 Capital’s Australian equities process...

Hedge fund survey reveals knowledge gap, yet increased demand

Advisers now consider hedge funds a ‘mainstream investment option’ but acknowledge that they need to find out more about them...

Afternoon market wrap: AMP continues to fall

AMP’s woes continued as shares in the beleaguered financial services and insurance giant continued to fall...

Macquarie disbands GARP equities team as Mouatt goes

Macquarie Funds Management today announced that it would no longer run a Growth at a Reasonable Price (GARP) Australian equities style and its head of active equities, Peter Mouatt, will be leaving...

Moody's places ADP on review for possible downgrade

Moody's Investors Service has placed the A1 issuer rating of AMP Diversified Property Trust (ADP) on review for possible downgrade following today’s Stockland Trust announcement...