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General

Funds split over need to apply for an AFS licence

Superannuation funds are apparently split on the issue of applying for an Australian Financial Services Licence (AFSL), according to a survey conducted by Towers Perrin...

Government issues fresh warning on Melbourne share dealer

The Government has issued a fresh warning on the activities of controversial Melbourne share dealer David Tweed...

Morning market wrap: FTSE-100 breaks 4,000 mark

Shares in the US finished 56.79 points higher in uncertain trade...

Analysis: Australian international equities funds beat benchmark

The median Australian international equities manager has outperformed the benchmark over the one-quarter, one-year, two-year, and three-year periods, according to research conducted by the Financial Standard Intelligence Unit...

Afternoon market wrap: All Ordinaries close on positive note

The All Ordinaries closed on a positive note following the tempo set in trading during the midday session. Qantas shares were the big loser...

Lowest quarterly inflow of retail funds in eight years: Assirt

The March 2003 quarter saw the lowest quarterly retail managed fund inflows since March 1995, totalling $434 million, according to Assirt...

Morningstar gives three star rating to Challenger small caps

Morningstar has given a three-star rating for Challenger International’s small companies ‘neutral style’ investment process in its Australian equities sector strength rating...

ASIC releases draft guidelines on options disclosure

The Australian Securities and Investments Commission (ASIC) today released draft guidelines to clarify what Australia-listed companies must disclose...

Midday market wrap: AMP share slide continues

A further 3% was wiped off the value of AMP shares during the morning session as the troubled financial services giant sunk to $5.23...

St George Bank announces $298 million half-year profit

St George Bank today announced an interim profit after tax of $298 million for the half year ended March 31 2003 and an interim dividend of $0.45...