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Asian REITs continue to sizzle

RUTH LIEW  |  FRIDAY, 22 FEB 2008
Investor appetite for Asian commercial and residential property is forecasted to grow in the medium term despite an expected sluggish global property market in 2008. Peter Mitchell, CEO of the Asian Public Real Estate Association (APREA) said at a nabCapital-sponsored ...

BlackRock fund treads allocation balance

RUTH LIEW  |  FRIDAY, 22 FEB 2008
Global investment manager BlackRock adjusts the nuts and bolts of its asset allocation alpha fund so that the fund can comfortably ride out the volatile markets. Speaking at a BlackRock conference in Sydney yesterday, BlackRock head of asset allocation ...

Plan for Life and AFA award life industry Who's Who

Annuity and insurance heavyweights took centre stage at the Plan For Life / AFA Life Company of the Year 2007 Awards held in Sydney yesterday. CommInsure won the two top accolades, 2007 Life Insurance Company of the Year Award and the 2007 Annuity Provider ...

Platinum posts 29pc profit

RUTH LIEW  |  THURSDAY, 21 FEB 2008
Platinum Asset Management yesterday announced a 29 per cent boost in net profit after income tax for the half year ending 31 December, the same period when its Asia Fund was its top performer. The firm's total revenue increased 2.5 per cent to reach ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 20 FEB 2008
The Australian stock market was marginally lower at midday following a weaker Wall Street lead. The banking sector was slipping again after yesterday's gains and the big miners were flat despite stronger metals prices overnight. At 1210 AEDT, the benchmark ...

Hard landing if we don't heed RBA warnings

ALEX DUNNIN  |  WEDNESDAY, 20 FEB 2008
The Reserve Bank's (RBA) increasingly hawkish attitude to smashing inflation presents risks of a hard landing in 2009 if consumers don't quickly moderate their spending. "With interest rates going higher and higher the risk that they go too high - if ...

Wikis may be working for Westpac

WWW.THESHEET.COM  |  WEDNESDAY, 20 FEB 2008
The arrival of Gail Kelly at the helm of Westpac may accelerate the bank's adoption of "Web 2.0" tools such as blogs, wikis and social networks, allowing staff to share information freely and collaborate online. The bank already has around 1000 user ...

CAAM dons emerging markets cap

RUTH LIEW  |  TUESDAY, 19 FEB 2008
... as well, not necessarily for this fund, but definitely for our business as we progress in Australia." "For CAAM as a whole, yes, SRI is a key concern for us. We've even dedicated an investment unit on giving SRI options& but the name of the game for ...

Super promoter faces trial

RUTH LIEW  |  TUESDAY, 19 FEB 2008
Queensland-based Richard Clayton Jackson Sharland, a promoter of a superannuation rollover scheme, appeared in the Brisbane Magistrate Court yesterday to stand trial on a date to be fixed on 22 charges laid by the Australian Securities and Investments ...

Market Wrap - Midday

AAP  |  TUESDAY, 19 FEB 2008
The Australian stock market continued its march into positive territory at noon as investors came back to the banking sector and commodity prices surged overnight. Austock Securities senior client adviser Michael Heffernan said investors were relieved ...