Altair boss stands by decision to return cash

Altair Asset Management's Philip Parker has mounted a strident defence of his decision to liquidate his funds and return cash to investors.

Altair boss in dispute over mother's shares

• EXCLUSIVE

The fund manager is embroiled in a dispute surrounding his mother's share portfolio.

'Sell everything' call brave or reckless?

• COMMENT

Was Philip Parker's decision to get out of the market a principled and brave decision, a cop-out, or something else altogether?

'I am absolutely certain we are in a bubble in this property market'

Altair Asset Management will liquidate its Australian shares funds and return "hundreds of millions" of dollars back to clients, citing an impending property market "calamity".

ASX shakes off retail woes to post gains

The sharemarket recouped early losses on Thursday, as gains in resource stocks offset a terrible session for retailers.

Cheap mining not a slave to commodity prices

It might not feel that comfortable amid recent price declines, but resources still look like the best option for Australian sharemarket investors.

ASX tumbles as Trump trade turns toxic

The ASX followed a global sell-off which hinted at investors finally shedding their complacency around rising US political risks.

Markets Live: Trump trade turns ugly

Shares slump for a second straight day extending the ASX's losses as gathering controversy around the US presidency threatens to derail the global bull market.

Trump uncertainty hits local markets

The ASX suffered a torrid morning after Wall St suffered its worst session in eight months amid chatter Trump may face impeachment proceedings.