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| | | Clients of proactive financial planners are less stressed about their asset allocation and overall portfolio after being sent educational material during equity market corrections. Chris Browne, Financial Design for Life senior financial planner, said ... |
| | | | ... Advance Asian Equity fund from four stars to 'on hold' after the fund replaced its underlying investment manager, Maple-Brown Abbott, to Lion Global Investors. Lion Global Investors forms part of Singapore's Overseas Chinese Bank Limited, one of the ... |
| | | | ... cents to $40.18. But National Australia Bank was up 14 cents or 0.52 per cent to $26.84. Making news this morning, Babcock & Brown (B&B) jumped after the investment firm said lenders had removed the market capitalisation review clause linked to its debt ... |
| | | | Sunsuper awarded Everest Babcock & Brown a $200 million mandate to construct an absolute return fund for the super fund. Jeremy Reid, Everest Babcock & Brown chief executive, said the Sunsuper mandate represented the firm's first Australian institutional ... |
| | | | ... share market was slightly in the red at noon after virtually flatlining in morning trade amid ongoing concern for Babcock & Brown's debt woes. At 1208 AEST, the benchmark S&P/ASX200 index was down 16.8 points, or 0.31 per cent, at 5,361.3, while the ... |
| | | | ... boosted by strength in mining and oil sectors and a positive lead from the US. But the sell off of investment firm Babcock & Brown Ltd continued for a second day, despite the company's reassurances about its financial strengthen, with the stock shedding ... |
| | | | ... 21 cents to $21.26, ANZ lost 53 cents to $19.04 and National Australia Bank lost 40 cents to $27.24. Embattled Babcock & Brown fell $1.54, or 22.32 per cent, to $5.36 as investors continued to dump shares despite the embattled investment house announcing ... |
| | | | ... to $29.85. Investment firms also slumped, with Macquarie Group slipping $4.13, or 7.4 per cent, to $51.86 and Babcock & Brown losing 78 cents, or seven per cent, to $10.38. Financial markets in Australia were closed on Monday and Shanghai and Hong Kong ... |
| | | | The Australian share market continued its run higher at noon, boosted by the financials after news that Babcock & Brown Power Ltd's refinancing of several million dollars of debt blew a fresh wave of confidence into the market. At 1200 AEST, the benchmark ... |
| | | | ... considering what happened overnight." At 1202 AEST, Macquarie Group lost $2.63, or 4.94 per cent, to $50.63 and Babcock & Brown slipped 67 cents, or 5.56 per cent, to $11.39. The big banks were also hit hard. At 1204 AEST, Westpac gave up 74 cents, or ... |
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