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The other Greece

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2011
... sector participation." Moody's reason for the downgrade was that it thinks the country would require more financial aid on top of the 78 billion euro bailout it got earlier this year because it believes that the country would be unable to source capital ...

Euro solar attracting Australian investment

ELISE BURGESS  |  TUESDAY, 5 JUL 2011
Australian investors are investing in European renewable energy markets instead of domestic due to lack of stability and uncertainty at home, according to private equity firm Polaris Energy. The Luxembourg-based company said that Australian investors ...

Market Wrap - Morning

AAP  |  TUESDAY, 5 JUL 2011
... tantamount to a default - an outcome the eurozone is trying at all costs to avoid. In London, the benchmark FTSE 100 index of top shares closed up 0.46 per cent at 6,017.54 points. In Frankfurt, the DAX rose 0.32 per cent to 7,442.96 points but in Paris ...

Super funds returns on upwards trend

RACHEL DAVIS  |  MONDAY, 4 JUL 2011
... report. Not-for-profit funds are expected to average around nine per cent and master trusts around seven per cent and the top performing funds are expected to break double figures and score 12% plus. The results are contained in the latest fund returns ...

Market Wrap - Morning

AAP  |  MONDAY, 4 JUL 2011
... up after US figures surprised on the upside, sending Wall Street sharply higher. In London, the benchmark FTSE 100 index of top shares closed up 0.74 per cent at 5,989.76 points. In Frankfurt, the DAX rose 0.59 per cent 7,419.44 points and in Paris the ...

CFSGAM sees ESG improve returns

MATT WOODINGTON  |  FRIDAY, 1 JUL 2011
... investment decision can have a significant impact on performance. Research carried out by the fund manager showed that the top rated ESG stocks in its global listed infrastructure portfolio outperformed the bottom-rated stocks by more than 20% between ...

UBS undecided on OptiMix future

MATT WOODINGTON  |  FRIDAY, 1 JUL 2011
... yesterday with no decisions yet made on where valuable assets such as OptiMix will end up. The acquisition of ING IM makes UBS a top ten player in Australia with $48 billion in funds under management, close to two thirds of which is on behalf of ANZ. ...

New index rates sovereign debt issuers

BLACKROCK RELEASE  |  FRIDAY, 1 JUL 2011
BlackRock has launched a new index to help fund managers assess credit risk for governments that issue sovereign debt. Steve Miller, head of Australian fixed income at BlackRock, said the BlackRock Sovereign Risk Index would help portfolios to better ...

Market Wrap - Morning

AAP  |  FRIDAY, 1 JUL 2011
... austerity measures needed to unlock critical bailout funding and stave off a debt default London's benchmark FTSE 100 index of top shares jumped 1.53 per cent to 5,945.71 points, while in Frankfurt the DAX gained 1.13 per cent to 7,376.24, and in Paris ...

First State Super and Health Super merger official

ELISE BURGESS  |  THURSDAY, 30 JUN 2011
... around 533,000 members and 38,000 participating employers to the merger, with FSS chief executive, Michael Dwyer, to assume the top job of the new fund. Chris Clausen, chief executive of the $8.9 billion Health Super, will become deputy chief executive. ...