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Agile, flexible portfolios big winners for instos

MELANIE TIMBRELL  |  WEDNESDAY, 25 JAN 2012
... morphs over time, in order to grasp opportunities and exploit valuation anomalies," White said. The diminishing role of banks in the global lending arena and the changing status of sovereign bond investments may also weigh heavily on the move to agile ...

Market Wrap - Morning

AAP  |  TUESDAY, 24 JAN 2012
... that Greece will reach a deal with private creditors on lowering its debt - despite a delay in talks between Athens and banks' representatives - supported European markets on Monday and sent the euro up to three-week highs above $US1.30. The deal being ...

Market Wrap - Midday

AAP  |  MONDAY, 23 JAN 2012
... company reported record production in the December quarter and said it expected higher production in 2012. Among the major banks, Westpac was 12 cents lower at $20.56, ANZ shed four cents to $20.85, National Australia Bank was off four cents at $23.84 ...

BofA: Fund managers appetite for risk growing

ELISE BURGESS  |  MONDAY, 23 JAN 2012
... eurozone equities, up from 35% in December, with US fund managers returning to bank stocks with the proportion underweight in banks dropping to 16% from 32% last month. European fund managers continue to ignore bank stocks, with some 50% underweight ...

Market Wrap - Morning

AAP  |  MONDAY, 23 JAN 2012
... the yen as fears over the eurozone crisis abated while financial plays were lifted by more upbeat earnings reports from US banks. Tokyo gained 1.47 per cent, or 126.68 points, to 8,766.36, Sydney was 0.59 per cent higher, adding 24.8 points to 4,239.6 ...

Pressure on yields continues

MELANIE TIMBRELL  |  FRIDAY, 20 JAN 2012
... even further, says Roger Bridges, head of fixed income at Tyndall AM. "We just don't have enough there," said Bridges. "The banks are having to buy and their demand is now greater than supply." Changes to liquidity requirements imposed by the Australian ...

Not so wrong

BENJAMIN ONG  |  FRIDAY, 20 JAN 2012
... rates in November and December and is expected to do more. Similarly, the People's Bank of China (PBOC) has reduced its banks' reserve requirements, is injecting funds into the banking system - sending money market rates down to 5.98% from 8.18% -- and ...

Market Wrap - Morning

AAP  |  FRIDAY, 20 JAN 2012
... more than three years. LONDON - Another set of successful bond auctions in Europe and renewed confidence in the continent's banks helped markets rally on Thursday as investors awaited developments in Greece's debt-reduction talks with private creditors. ...

Market Wrap - Midday

AAP  |  THURSDAY, 19 JAN 2012
... granted the go-ahead on its lucrative Malaysian facility ahead of a decision by officials later this month. All the big four banks gained, despite news of fresh redundancies in the sector. Westpac gained 1.1 per cent to $20.79 even as reports emerged ...

Aus can deal with another GFC: Shorten

CLAIRE MCGREAL  |  THURSDAY, 19 JAN 2012
... report. "Should more countries find themselves denied such financing, a much wider financial crisis that could engulf private banks and other financial institutions on both sides of the Atlantic cannot be ruled out." Pointing to a contagion effect from ...