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General

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...

Easing of business sentiment offset by end of Iraq war: RBA

The Reserve Bank of Australia (RBA) was content to keep interest rates on hold at 4.75 per cent despite an easing of domestic sentiment...

Pooled super trust funds down 14.4%: Dexx&r

Pooled superannuation trust funds under management (FUM) have fallen by 14.4 per cent to $51.9 billion in the year to March 2003...

van Eyk adds Dry to Agribusiness team

van Eyk Research has added to its expanding Agribusiness division by appointing Dr Peter Dry as a consultant...