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Debt load

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2009
... we're now confronted with the shock and awe at more warnings over sovereign credit ratings. Remember the one? Towards the close of November Dubai World dropped a bombshell by announcing that it intends to ask its creditors to "standstill" and extend ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 DEC 2009
... downgrade for Greece and shrinking German industrial output. The London FTSE 100 index shed 87.53 points, or 1.65 per cent, to close at 5,223.13. FRANKFURT - Germany's Dax declined 96.17 points, or 1.66 per cent, to 5,688.58. PARIS - The CAC 40 lost ...

Van Eyk ventures into NZ

COMPANY RELEASE  |  TUESDAY, 8 DEC 2009
Van Eyk Research has taken its first major step into the New Zealand market with the signing of AMP Financial Services New Zealand as an anchor client. Van Eyk chief executive Mark Thomas said the firm has watched closely the emergence of the Kiwi Saver ...

Equiti talks to planners regarding stakeholding

MICHAEL HOBBS  |  TUESDAY, 8 DEC 2009
Equiti is negotiating with a number of financial planning practices to give them equity stakes in the group's direct property funds management business. Darren Wise, executive director at Equiti Funds Management, said it has launched an ownership structure ...

Market Wrap - Morning

AAP  |  TUESDAY, 8 DEC 2009
... economy proceeds on slow recovery. Stocks fell back in mid-afternoon trading, however, led by banks and brokerages. Around close, the Dow Jones industrial average was up 1.21 points, or 0.01 per cent, at 10,390.11. It had been up about 20 ahead of Bernanke's ...

Super could post double-digit returns in 2010: research

... per cent for the year to October. The research found default investment options posted a 27 percentage point turnaround or close three percentage points a month since returns hit their record low last year. Meanwhile, five-year returns dipped back to ...

BTIM wins $450m into 130/30 fund

RUTH LIEW  |  MONDAY, 7 DEC 2009
The BT Wholesale Australian Long/Short Fund has attracted $450 million in institutional mandates in the last four months, during one of the most turbulent periods for hedge funds hunting for inflows. The 130/30 fund is managed by portfolio manager Jim ...

Market Wrap - Morning

AAP  |  MONDAY, 7 DEC 2009
... US recovery accompanied by a decline in joblessness. The London FTSE 100 index gained 9.36 points, or 0.18 per cent, to close at 5,322.36. FRANKFURT - Germany's Dax gained 47.3 points, or 0.82 per cent, to 5,817.65 points. PARIS - The CAC 40 rose 47.51 ...

Property associations seek carbon clarity

COMPANY RELEASE  |  FRIDAY, 4 DEC 2009
A direct property Investment industry body has called for the industry to work closer with the government to explore the impact of carbon emission laws. Adam Murchie, vice president at the Australian Direct Property Investment Association (ADPIA), said ...

Dummy spit

BENJAMIN ONG  |  FRIDAY, 4 DEC 2009
... Chairman Greenspan's attitude toward regulating banks was much like his attitude toward consumer protection. Instead of close supervision of the biggest and most dangerous banks, he ignored the growing balance sheets and increasing risk. You did no better. ...