Markets

The activist hedge fund has told investors it will push ahead with its effort to spill the Southern Cross board and change its constitution at its annual general meeting next month.

With markets hitting record highs, investors clinging to the old PE ratio risk missing the real story: shifting fundamentals in a transformed economy.

Shares in the market operator sank to their lowest levels in more than 15 months, with fund managers warning the arrival of Cboe may further weaken the stock's appeal.

As the ASX drags its feet on long-promised reforms, shareholder rights are being eroded. Australia’s public markets are paying the price.

Fixed income investors may have an opportunity to lock in attractive yields amid growing expectations the RBA's next rate cut may be delayed until next year.