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General

Property funds performance declines in February: report

Australian property funds suffered a decrease in performance during February, but still managed to outperform a depressed equity market...

Retirement income funds suffer 13% sales slowdown: IFSA

Total retirement income funds under management increased by 2.3% over the December quarter to $45.7 billion but total sales were down by over 13% for the quarter to $2.4 billion...

Afternoon market wrap: All Ordinaries gains ground, AMP up $0.09

The All Ordinaries index shrugged off the softer sentiment across global indices in afternoon trade...

AMP transfers UK banking portfolio to Newcastle

AMP today entered an agreement to transfer its UK banking portfolio to Newcastle Building Society...

Impact of war should be put in context: ICAP

The dominant factors determining the shape of the global economy over the next year are likely to relate to corrections from economic problems predating the Iraq war...

Midday market wrap: Market static ahead of weekend

The All Ordinaries index was little changed during the morning session with investors unprepared to take any major positions ahead of the weekend...

Commonwealth faces up to "challenging" market

The Commonwealth Bank of Australia's (CBA) total assets under management fell $11 billion to around $95 billion in the second half of 2002 against a backdrop of tough market conditions and a preference for 'value' style management...

Midday market wrap: Global pessimism weighs down Qantas

Qantas shares fell by 4 per cent during the morning session to $3.33 as the global pessimism engulfing the airline industry weighed heavily on investors’ minds...

ASSIRT critical of Advance's internal investment management

ASSIRT has raised concerns that Advance Funds Management’s (AFM) dual role as a supplier of third party products and a provider of its own in-house offerings is creating “strategic tension”...

Australians continue shift to property investment: report

Australians are increasingly favouring property as an investment option...