Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

General

Super fund returns at lowest since 1987: InTech

Australia’s growth oriented superannuation funds have recorded their worst 12-month returns since the 1987 stock market crash, according to research house InTech’s latest research.

Bearish investors have the edge on professional advisers: survey

Investors would be better off if they listened to their own advice instead of their financial advisers, a joint survey by Adviser Ratings and the Australian Investors Association (AIA) claimed today.

Merrill Lynch gets three star Aus equities rating: Morningstar

Merrill Lynch Investment Managers (MLIM) has been given a three star Australian equities rating by Morningstar, although future performance is likely to be hampered by the February departure of Steve Gliddon from the team, the ratings house said today.

Midday market wrap: AMP drops $0.20 to $6.31

The All Ordinaries gained marginally in trading this morning, following the trend set on Wall Street on Friday.

BlackRock wins $330 million UniSuper fixed income mandate

UniSuper has appointed BlackRock Financial Management to manage a $330 million active global credit portfolio of corporate debt and asset/mortgage backed securities, it announced today.

Perpetual loses $1.1 billion of worth of funds in February

Perpetual Investments today reported a $1.1 billion outflow in funds under management (FUM) in February, down to $16.4 billion on February 28 from $17.5 million on January 31.

Economist says current account deficit figures are "disturbing"

A leading Sydney-based economist said today that the current account deficit figures released earlier this week are “disturbing.”

Deakin announces half year loss of $776,403

Deakin Financial Services today announced a half year loss of $776,403 for the six months ending December 31, but said it was on track to meet its ambitious expansion plans.

APRA and what it means in 2003: Littrell speaks out

Charles Littrell, executive general manager policy research consulting for the Australian Prudential Regulation Authority (APRA), has outlined the regulator’s role in the post-HIH financial landscape as it tries to find a balance between effective ...

Morningstar puts Maple-Brown Abbott on notice

Morningstar today reaffirmed its five star rating for Maple-Brown Abbott’s (MBA) Australian equities management, but warned that it would be closely monitoring the manager for any deterioration in performance in the wake of Robert Maple-Brown’s decision ...