Broadcaster Austereo Group has reported a flat net profit for the first half of 2009/10, saying the capital city radio ad market will be in gradual recovery.
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Platinum Capital Ltd, the equity fund managed by Platinum Asset Management, has more than doubled first half profit as global equities recovered during 2009.
The New Zealand sharemarket is still a better bet than cash or bonds, despite it appearing to have peaked, says AMP Capital & #39;s head of investment strategy.
Keybridge Capital Ltd has posted a & #36;39.2 million first-half loss and says its priority is to repay its almost & #36;200 million in debt.
AMP Capital & #39;s global property fund is likely to deliver competitive returns over the longer term, a research firm says.
Chinese banks may need to raise billions of dollars in the next few years as massive lending erodes their capital, a pair of research reports has warned.
Fortitude Capital has launched its Australian Equity Income Fund, with a target of & #36;500 million.
RBC Capital Markets has hired Chris Drew as a director and mining analyst to join its global equities mining team in Sydney.
Rubicon Capital Pty Ltd has assets that may have a book value of more than & #36;200 million but may realise as little as & #36;2,000, according to the joint liquidator.