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| | | New Zealand's major banks had their credit ratings cut by Moody's Investors Services on Friday as the rating's agency followed through on an earlier downgrade of their Australian parent institutions. ANZ National Bank, ASB Bank (subsidiary of Australia's ... |
| | | | ... announced the appointment of a new portfolio manager. John Terlikar has accepted the role as portfolio manager for the EQT Mortgage Income Fund, with a focus on mortgages. In the role, Terlikar will work with retiring portfolio manager, Joe Aszodi, as ... |
| | | | ... Macquarie Group, has some 25 years experience in the industry with prior roles in global and domestic retail lending and mortgage finance. He is also currently a member of several financial institution and charity boards. "Tony Gill brings a wealth of ... |
| | | | ... margins, which affects their bottom line pretty dramatically and might also bring in the view that they might have to raise mortgage rates as well." Trading on overseas markets overnight was gripped by fears over the solvency of Greece and concerns Spain ... |
| | | | Mortgage Funds are still suffering redemptions pressure, with investors subject to withdrawal restrictions on formerly frozen funds, ratings agency Standard & Poor's said today. The research house said funds in its Australian Fixed Interest - Mortgages ... |
| | | | ... settings. Following the end of QE2 next month, they'll stop reinvesting principal payments from agency debt and agency mortgage-backed securities and return to holding "essentially only Treasury securities" -- if conditions don't change significantly ... |
| | | | ... private wealth and retail sector and one in the debt space. O'Leary said that a joint venture with a specialist in the mortgage space was on the cards. Eluvia will also offer ongoing, lifecycle advice, a significant point of difference, according to ... |
| | | | ... margins, credit quality and cost control. Commentators have suggested that with interest rate rises widely tipped, and mortgage holders at the limits of their ability to service their loans, this could lead to banks absorbing rate rises rather than risking ... |
| | | | Australian Unity Investments (AUI) plans to use recent positive research ratings on its Diversified Property Fund to attract financial planners and retail investors to its $40 million rights issue, due to close on June 30. The Diversified Property Fund ... |
| | | | Mortgage broker Vow Financial has made two appointments to coincide with the launch of its new wealth management business. Justin Dale will lead Vow Wealth Management, a joint venture with financial planning firm The Selector Group, while Leighton King ... |
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