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Market Wrap - Morning

AAP  |  THURSDAY, 15 DEC 2011
... prices in Italy, which have reached almost seven per cent, raising government borrowing costs to worrying levels. "In the next few months, there will be a massive amount of bond redemptions across Europe that will have to be re-financed," Mr Speizer ...

Chinalising Europe

BENJAMIN ONG  |  THURSDAY, 15 DEC 2011
... growth. Ifo cut its growth forecast for Germany. The institution now expects the country's GDP to inched up by only 0.4% next year - down sharply from its earlier prediction for a 2.3% expansion - and this assumes "that it's possible to calm financial ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 14 DEC 2011
... stimulate the economy, Bell Direct equities analyst Julia Lee said. "The market is already pricing in two more (rate) cuts in the next six months," she said. "Consumer sentiment is still be dedicated by what's happening globally." At 1208 AEDT on Wednesday ...

AustralianSuper, AGEST reveal merger plans

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
... integration plan and due diligence will now take place for both funds with a full cost benefit analysis to be part of the next stage. "A final decision to merge, however, depends on the being satisfied that it's in the best interests of our members ...

Sevior will not return: Perpetual

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
... Equity Fund, took long service leave in July with Perpetual saying at the time he would return to the organisation early next year. His deputy on the fund, Paul Skamvougeras, has taken over the role. On June 23 Matt McKinnon, general manager, Retail ...

Market Wrap - Midday

AAP  |  TUESDAY, 13 DEC 2011
... out after Moody's Investors Service said it would review the credit ratings of all European nations in the first quarter of next year after the Brussels summit failed to deliver "decisive policy measures". World markets extended losses when Fitch Ratings ...

Ascalon partners with Hong Kong manager

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
... Andrew Landman said the firm's plan was to develop its presence in the region with on-the-ground business development early next year, pending regulatory approval. "It is Ascalon's intention to increase the number of partner firms it has in Asia over ...

New Count chief talks products

ELISE BURGESS  |  MONDAY, 12 DEC 2011
... challenge is to maintain Count's business model but provide better services and products to grow this business." In March next year Lane will host his first Count conference where he will launch its first round of new products. "I have met with a large ...

AUI winds up High Yield Mortgage Trust

CLAIRE MCGREAL  |  MONDAY, 12 DEC 2011
... payments of around 10 % this side of Christmas, with a second payment of around 5 % of investors' capital due back to them next March. Following this, regular payments are expected to be made every six months until late 2014, said AUI. Meanwhile the ...

Plan 5 and counting

BENJAMIN ONG  |  MONDAY, 12 DEC 2011
... Didn't the ECB already say this is against the EU Treaty? Why are they still forcing this issue? Someone, please explain? Next stop, S&P downgrades for Plan 5 had not addressed (immediately) the five factors cited by Standard & Poor's when it issued ...