Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

General

Challenger to split in two, receive $235 million injection: Cuffe

Chris Cuffe, the acting chief executive officer of Challenger International, has announced plans to split the merged CPH Investment/Challenger entity along life and non-life business lines...

Midday market wrap: All Ordinaries falls, AMP rebounds

AMP shares rebounded to $5.13 at lunchtime after trading beneath $5.00 during the morning session...

Growth style fightback continues in April: Mercer

Growth-style funds enjoyed another positive month in April as the median manager returned 2.9 per cent...

Morningstar downgrades AMP international equities on staff fears

Morningstar has downgraded embattled AMP's forward-looking rating for its management of international equities from ‘positive’ to ‘neutral’...

MCS secures first offshore retail property for $16.02 million

MCS Property has secured its first offshore retail asset with the NZ$17.90 million ($16.02 million) purchase of Kelston Shopping Centre in Auckland...

Hedge funds trail broader indices in April: Hennessee

Hedge funds returned 3.04 per cent in April according to the Hennessee Hedge Fund Index, well below the S&P 500 (8.30%) and the Dow Jones (6.11%) indices...

Morning market wrap: US, UK shares fall again

The weaker sentiment on the ASX yesterday was followed by a second consecutive day of losses in London and on Wall Street...

Afternoon market wrap: All Ords ekes out fractional gain

An afternoon rally in sympathy with Asian stocks pushed the All Ordinaries index marginally higher by the close...

Retail investors lose the faith as equity funds shrink: Assirt

Retail investors have been net withdrawers from equity funds during the March quarter for the first time ever...

Portfolio Partners small caps gets two stars from Morningstar

Morningstar has given Portfolio Partners small capitalisation 'Growth at a Reasonable Price' (GARP) investment process two stars...