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General

Macquarie secures $4 million for commercial property leases

Macquarie Goodman has secured $4 million for leasing 36,600 square metres of new and existing space to high profile customers at Lidcombe Business Park in New South Wales...

Van Global Hedge Fund Index up 0.9% in first quarter

Hedge funds have returned 0.9% net for the first quarter of 2003, beating all the major stock market indices, according to data released by the Van Global Hedge Fund Index...

Worldwide mutual funds rise to over $18.7 trillion

Assets of worldwide mutual funds rose 5.2 per cent in the fourth quarter of 2002 to A$18.7 trillion, according to a report released by the Washington-based Investment Company Institute (ICI)...

Morning market wrap: Dow Jones continues to edge higher

Shares in the US continued the positive trend set earlier in London....

Afternoon market wrap: All ordinaries up

The All Ordinaries rose by over 0.4% in trading this afternoon as the economy is expected to be buoyed by strong consumer confidence in the wake of the decisive coalition military campaign in Iraq...

equipsuper takes $300,000 eight-day profit on ART

The equipsuper superannuation fund has taken a profit in excess of $300,000 on an eight-day investment in the AMP Shopping Centre Trust (ART)...

ASIC/CSA launch survey on defined benefit super schemes

The Australian Securities and Investments Commission (ASIC) today announced that in conjunction with the Corporate Superannuation Association (CSA) it will survey CSA corporate sponsors in relation to the status of their defined benfit employee superannuation ...

Strategic replaces Sagitta with SG Hiscock and Credit Suisse

Master trust provider Strategic Capital Investments Australia has dropped Sagitta-Rothschild as an active mandate manager from its Listed Property pool and replaced it with the Credit Suisse Property Fund and the SG Hiscock Professional Investor Listed ...

Citigroup announces first quarter profit of $6.81 billion

Citigroup has announced a first quarter 2003 profit of US$4.1 billion (A$6.81 billion), an increase of 18 per cent on the corresponding period in 2002...

Count sticks to $8 million profit prediction despite tough market

Count Financial has confirmed its earlier operating profit predictions of $8 million for the financial year ending June 30, an expected 29 per cent increase from 2001-2002, despite tough current market conditions...