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Despite some positive corporate news, oil price concerns remained very much to the fore last week, with the market continuing to trade in narrow range, before reacting positively to better than expected US jobs data at the end of the week.
In part two Stephanie Cao, head of investments at the London branch of Nedcor Retail Investments (NRI), looks at the Asian hedge fund industry.
Local equities ended the week on a disappointing note, dropping 0.4%, with the largest losses being recorded in the platinum and construction sectors.
Nico Kelder, economist at the Efficient Group says the currency pulled itself back from the losses made on Wednesday gaining around 1% yesterday.
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