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General

Morning market wrap: US shares run out of steam

Morning market wrap: US shares run out of steam...

Treasury Group attracts $170 million in March quarter

The Treasury Group, the asset management holding group behind Investors Mutual, Armytage private, and Orion Asset Management, has increased its total funds under management (FUM) to $1.69 billion...

InvestorWeb secures 58.2% of Sanford as National offloads

InvestorWeb Limited (IWL) has secured a 58.2 per cent controlling interest in Sanford following a flood of acceptances on Friday, including from National Australia Bank (NAB), for its scrip or cash offer...

SingTel launches $280.5 million bond issue

Singapore Telecommunications has launched a S$300 million (A$280.5 million) bond issue to fund current operations, future capital expenditure, and working capital requirements...

MTAA Super releases four new investment options

The $1.4 billion Motor Trades Association of Australia Superannuation fund has unveiled four new investment options for members and renamed its existing ‘Secure’ option to ‘Conservative’...

Australian economy set for 3.5% growth in 2003: JPMorgan

In its March 2003 quarterly banking  survey, JP Morgan has said that the domestic economy will grow by 3.5 per cent in 2003...

Afternoon market wrap: Late rally pushes All Ordinaries higher

The All Ordinaries index finished the week on a positive note as an afternoon rally, in concert with advances in Asia, pushed the market 22.20 points higher...

Fixed interest managers under-perform index over 12 months

Australian fixed interest funds have under-performed the sector index over the past 12 months, returning 9.26% compared to the index performance of 9.63%...

John Roberts takes over from Anthony Kahn at Macquarie

John Roberts will replace Anthony Kahn as head of Macquarie Bank’s Infrastructure and Special Funds Division (ISF)...

Midday market wrap: Range-bound trading ahead of weekend

The All Ordinaries index edged marginally lower in sympathy with the Dow Jones, but there was little in the way of movement ahead of the weekend...