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This Week's Market Movers (14-18 July 2008)

BENJAMIN ONG  |  MONDAY, 14 JUL 2008
Macroeconomic indicators set for release this week are not expected to deviate from the ongoing global theme of slowing growth and higher inflation. Australia Reserve Bank of Australia (RBA) Governor Glenn Stevens address on the "Challenges for Economic ...

Unlisted assets poised for higher illiquidity premiums

MICHELLE BALTAZAR  |  TUESDAY, 8 JUL 2008
Property experts predict the LPT sell-off will trigger a price correction in the direct property market but at least when the dust settles, super funds should enjoy illiquidity premiums not seen in years. Latest Rainmaker Data shows the performance ...

Market Movers Overnight (8 July)

BENJAMIN ONG  |  TUESDAY, 8 JUL 2008
Economic data releases overnight give further confirmation that the slowdown in the United States is spreading to other major world economies. German industrial production fell by 2.4 per cent in May from the previous month - the largest drop in nine ...

Westpac's Kelly signs UN water mandate

RUTH LIEW  |  MONDAY, 7 JUL 2008
Westpac chief executive Gail Kelly is steering one of Australia's largest banking and wealth management groups to a more sustainable future when she signed the United National Global Compact (UNGC) CEO Water Mandate. The mandate is an international ...

FTSE100 pensions in the red

MICHAEL HOBBS  |  THURSDAY, 3 JUL 2008
Watson Wyatt found FTSE100 companies' pension funds turned a combined $48 billion surplus a month ago into a $16.5 billion deficit last month due to the double whammy of stock market falls and high inflation. Rashpal Bhabra, Watson Wyatt head of corporate ...

Record intake for MLC adviser program

MICHAEL HOBBS  |  WEDNESDAY, 2 JUL 2008
MLC's Adviser Scholarship Program received a record number of applications for its latest intake, which starts this month. The program is designed to help financial planning practices grow their business and provide a structured career path to new advisers. ...

Equator Principles still relevant: CFS GAM

MICHAEL HOBBS  |  MONDAY, 30 JUN 2008
The Equator Principles are still relevant and won't be superceded by the rising popularity of the United Nations Principles for Responsible Investment, according to Colonial First State Global Asset Management (CFS GAM). Drafted in 2003 and revised ...

Lord Stern launches carbon ratings

ALEX DUNNIN  |  WEDNESDAY, 25 JUN 2008
IDEAglobal Group, a company whose vice-chairman is Lord Stern, has just launched the Carbon Ratings Agency (CRA) service for investors and companies participating in the carbon market. The CRA ratings will operate similarly to credit ratings but focus ...

CFA launches SRI guidelines

MICHAEL HOBBS  |  MONDAY, 23 JUN 2008
The CFA Institute produced a top 10 list of responsible investment guidelines to help investors understand and incorporate socially responsible investments (SRI) into their portfolio. The list was developed after CFA members highlighted the need for ...

Loomis Sayles taps luxury goods and alt energy

MICHAEL HOBBS  |  FRIDAY, 20 JUN 2008
US based investment manager Loomis Sayles is positioning its Global Growth fund to capture global consumer expenditure in luxury electronic items and rising demand for alternative energy sources despite the on going global economic slump. Mark Baribeau ...