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General

Select links up with European hedge fund manager

Select Asset Management today announced a joint venture with Aspect Capital that will see the European hedge fund manager take an equity holding...

Morning market wrap: Uncertainty the only certainty

Shares in the UK and US clawed back some of Monday’s sharp losses, although the volatility of the market over the past three trading days is an indication of divided market sentiment and sensitivity to reports coming out of Iraq...

APRA warns super trustees on due diligence, members interests

The likelihood that superannuation funds will record two consecutive years of negative returns does not indicate below par performance at trustee level, but any action contrary to members’ interests will bring disqualification and possible prosecution...

AMP Shopping Centre Trust announces 5.5% growth

AMP Shopping Centre Trust (ART) today announced that it had recorded sales growth of 5.5 per cent in February...

QIC gets active with two new European equity mandates

The Queensland Investment Corporation (QIC) has awarded two new active $380 million European equity mandates...

Afternoon market wrap: Corporate giants lead index higher

The giants of corporate Australia led the All Ordinaries index higher as investors looked for reassurance in familiar names against a turbulent geopolitical backdrop...

Inadequate returns deter super top-ups: survey

In its March 2003 quarterly report, ING and the Melbourne Institute of Applied Economics and Social Research found that 10.5 per cent of Australian households would hesistate to invest more...

Property lures investors

The property sector continues to surge ahead in popularity, whilst interest in new share investment has fallen to a record low...

Australians snub employer super while bank deposits increase: ING

More Australians would prefer to put their money in a bank, credit union or building society...

ASIC releases revised AFS licence conditions

The Australian Securities and Investments Commission (ASIC) today released revised Australian Financial Services (AFS) licence conditions...