Perpetual has tapped three investment banks to run a strategic review of its segmented structure, hinting at a possible separation of its asset management business.
Latest ASX News
The idea of a successful investment portfolio is appealing to everyone.
However, the extremely sensitive and volatile nature of the share market and stocks make it a risky bet.
We see moves in share prices hourly on the ASX. Sometimes, even the most uninformed investors can predict these movements from a mile off.
But often there are complete left-of-field surprises that catch even the most seasoned professionals off-guard.
So, how do you become a responsible investor in the Australian share market? You’ll need more than just your instinct …
ASX to rise. US job openings hit two-year low as labour market cools. Bitcoin hits 19-month high. Rio Tinto pencils in big spend for Simandou. Magnis Energy loses control of iM3NY.
Evolution Mining has beaten its rivals to buy an 80% stake in Northparkes copper-gold mine for up to US$475 million.
Wall Street and commodities fell overnight as the Wall Street rally ran out of puff. Gold fell from its record high, while BTC continued to surge.
Orora completed its acquisition of Saverglass, known for supplying bottles to luxury wine and spirit brands.
A strong rally on the Aussie benchmarks comes in time before Xmas as markets discount the likelihood of rate hikes here or in the US.