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Showing 7921 - 7930 of 9326 results for "Red"

America on its knees

BENJAMIN ONG  |  THURSDAY, 18 SEP 2008
The bloodbath continues. The Federal Reserve's US$85 billion bailout of American Insurance Group (AIG) proved insufficient to calm the financial market panic that appears to be increasing by the day. The overnight sell-off saw more than three years' ...

Reed fund not a concern: CEO

MICHAEL HOBBS  |  WEDNESDAY, 17 SEP 2008
Reed Funds Management chief executive declared investors in its property trust should not be concerned about its ability to deliver returns after Standard & Poor's placed the fund 'on hold' due to the firm's relationship with Lehman Brothers. "[Investors ...

Grow returns with timber

MICHAEL HOBBS  |  WEDNESDAY, 17 SEP 2008
Swiss private bank Pictet is launching an investment fund that not only exposes investors to potential long term returns from the timber industry but could also aid efforts to reduce global carbon emissions. The firm's PF(LUX) - Timber Fund invests ...

AIG Australia insulated from US woes

ALEX DUNNIN  |  WEDNESDAY, 17 SEP 2008
While the US Fed has offered to provide AIG Life $100 billion in liquidity funding, AIG's Australian customers are well insulated from any fall-out. "Acting to avert a possible financial crisis worldwide, the Federal Reserve reversed course on Tuesday ...

Challenger goes public

THE SHEET  |  TUESDAY, 16 SEP 2008
The structured finance sector of the domestic debt capital market saw most activity last week, in terms of issuance and rating actions. The sector, and primarily RMBS, has made something of a comeback this month after a relatively quiet August. Issuance ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
This Week's Market Movers (15 - 19 Sep 2008) The market jubilation that followed the US Treasury's rescue of Fannie Mae and Freddie Mac early last week quickly faded as problems in Lehman Brothers, Washington Mutual and American International Group ...

Vanguard saves $5m in trading costs

MICHELLE BALTAZAR  |  FRIDAY, 12 SEP 2008
True to the adage 'timing is everything', index manager Vanguard saved investors over $5 million in reduced transactions costs this year through 'crossing savings'. A 'crossing' or a 'special spread' saving occurs when Vanguard fund uses the cash invested ...

FPA signs 10 to PI service

MICHAEL HOBBS  |  FRIDAY, 12 SEP 2008
The Financial Planning Association (FPA) has signed 10 members to its professional indemnity service, Pro PI. The FPA selected Jardine Lloyd Thomson (JLT) to launch the Pro PI service in June. The deal meant JLT became the FPA's key broker and would ...

MLC cuts medical requirements

MICHAEL HOBBS  |  FRIDAY, 12 SEP 2008
MLC is reducing the number of medical examinations and blood tests required by up to 30 per cent across its lump sum insurance products. The new mandatory limits apply to the MLC Personal Protection Portfolio (PPP) and MLC Life Cover Super (LCS). For ...

Finance industry groups respond to ETS

ALEX DUNNIN  |  FRIDAY, 12 SEP 2008
Australia's peak investment groups have finally come out of the closet on the government's proposed ETS model. A joint submission to the Government's Green Paper on the establishment of the emissions trading scheme (ETS) by the Australian Council of ...