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Showing 1781 - 1790 of 1957 results for "Default"

Equities' erratic flight path

SUZY MAC  |  FRIDAY, 31 AUG 2007
... by mortgage-backed securities that were based on sub-prime mortgages. As a large portion of those mortgages went into default, the derivatives prices plummeted, buyers fled, asset values went into free-fall and investors snatched their money back in ...

Club Plus appoints chief executive

... AMIST as fund secretary and chief executive. According to SelectingSuper, AMIST is a regular top 10 super fund in the default investment option race. The new role at Club Plus has been created following a management review by the fund's trustees which ...

BNP thaws out frozen funds

CHRIS NICHOLLS  |  MONDAY, 27 AUG 2007
BNP Paribas has announced it will re-open three hedge funds frozen earlier this month as a result of the US sub-prime crisis. The BNP Paribas ABS Euribor and BNP Paribas ABS Eonia funds will re-open to subscriptions and redemptions tomorrow, while the ...

Debenture devil in the detail

... associate director Dougald Higgins also suggested debenture issuers need to provide more information on historical and current default arrears of the underlying loan portfolios. Meanwhile, the Institute of Actuaries of Australia John Maroney went as ...

Bargains emerge in global REITs

How can a sector move from returning 43 per cent to losing 8 per cent in the space of twelve months? A leading US property expert argues that the massive swipe on the global real estate investment trusts (REIT) sector presents bargain buys not seen ...

SEQUAL toughens 'no negative equity' rules

CHRIS NICHOLLS  |  WEDNESDAY, 22 AUG 2007
... without the lender's approval Other changes include improved processes for managing defaults under contracts, minimum default standards for loan calculator tools and clarifying the steps members must take to ensure borrowers seek appropriate legal advice. ...

ALP wants industry funds on awards

ALEX DUNNIN  |  WEDNESDAY, 8 AUG 2007
... services industry with their calls to cut foreign withholding tax, but their call to make industry funds the automatic default super choice for industrial awards is less likely to be so well received by wealth managers. Peter Dutton, Minister for Revenue ...

Super averages 15.3 pct for 2006-07

ALEX DUNNIN  |  FRIDAY, 3 AUG 2007
... return for master trusts. The low master trust outcome, however, is dragged down by some master trusts continuing to have default options that are so conservative they knock themselves out of the race. The bottom 11 places were taken up by these funds. ...

Sub-primes breach Macquarie Fortress

WWW.THESHEET.COM  |  WEDNESDAY, 1 AUG 2007
Macquarie Fortress Investments, an ASX-listed investor in senior debt securities of US companies, said the value of its loan portfolio fell by 4 per cent during July from June. While Fortress invests in senior debt only, the rise in credit spreads has ...

Market Wrap - Morning

AAP  |  MONDAY, 30 JUL 2007
The Australian share market is expected to open lower today following a second dismal day on Wall Street on Friday, amid concern that tightening credit conditions may lead to a slowdown in housing activity. At 0735 AEST on the Sydney Futures Exchange ...