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General

Investa acquires 8.4% of Principal Office Fund

Investa Properties Limited has acquired an 8.4 per cent investment in the Principal Office Fund (“POF”) from a range of institutional investors at $1.58 per POF unit...

AMP Henderson appoints Cahill to product leadership team

AMP Henderson Global Investors has announced the appointment of ex-ABN Amro analyst Richard Cahill to its product leadership team...

Sherry urges Costello to "come up to speed on super"

Senator Nick Sherry, the Shadow Minister for Retirement Incomes and Savings, has accused the Government of diversionary superannuation tactics...

Morning market wrap: Dow Jones ends losing streak

Shares in the US picked up 25.07 points on the Dow Jones index after US Federal Reserve chairman Alan Greenspan indicated to the US Congress’ Joint Economic Committee that it would “not be unreasonable” to expect a pick-up...

Principal Office Fund leaps to six-year high

Principal Office Fund units have jumped to a six-year high, following Investa Property Group’s purchase of an 8.4 per cent "strategic" stake in the trust...

Afternoon market wrap: All Ordinaries continues to climb

The major banks led the index higher in afternoon trade, pushing the All Ordinaries index to an overall gain of 20.80 points...

Walters appointed head of BT/Westpac financial planning

Scott Walters has been appointed as the head of financial planning at Westpac and BT, effective June 2...

S&P leaves AMP and Investa ratings unchanged

Standard & Poor's Ratings Services has left AMP Bank’s ‘counter-party’ and ‘related debt’ ratings unchanged despite AMP's announcement of an agreement to sell its $222 million rural loan portfolio...

BHP Billiton and Gilbertson settle on $12.43 million payout

BHP Billiton has announced that it has reached agreement with Brian Gilbertson on a termination payout...

Perpetual, Colonial small caps get five stars from Morningstar

Perpetual Investments (Smaller Companies Share Fund) and Colonial First State (Developing Companies) have both been given five-star ratings...