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Worst of the worst

BENJAMIN ONG  |  FRIDAY, 30 JAN 2009
... 2009 - revised from negative 1.3 per cent predicted only a month prior -- before rising to a still unimpressive 0.2 per cent next year. Given the worsening situation in the country, the IMF's forecast is highly likely. The UK's first estimate of fourth ...

Trustee survey reveals top asset classes

RUTH LIEW  |  THURSDAY, 29 JAN 2009
... with a deepening global recession and an expectation of infrastructure companies' earnings to "hold up pretty well" over the next to years - the asset class is a recipe for success, he said. Overseas, institutional investor appetite for infrastructure ...

Good Bank Bad Bank

BENJAMIN ONG  |  THURSDAY, 29 JAN 2009
... Bank' -- that will buy and stock illiquid and toxic assets of financial institutions. This plan is expected to be announced next week. If the rumours are true, the Obama administration maybe hoping that this bad bank will succeed the same way that the ...

Unilever Super seeks super provider

RUTH LIEW  |  WEDNESDAY, 28 JAN 2009
... detailed discussions and reviews of major super providers are already under way, and the results will be assessed over the next couple of months. "At this stage we can advise that should we decide to proceed, any transition will not occur before the ...

Bigger fish to fry

BENJAMIN ONG  |  WEDNESDAY, 28 JAN 2009
... would have also helped bring the general level of prices lower. Bigger fish to fry. The Reserve Bank of Australia (RBA) meets next week for its first monetary policy meeting of 2009. Chances are whatever today's ABS numbers look like, it will decide ...

Vanguard CIO resigns

RUTH LIEW  |  FRIDAY, 23 JAN 2009
... leave the investment team in that twelve and a half years. Smith said he does not have any concrete plans as yet for his next move, although he may embark on a "small firm" stint as a first step. "Without ruling anything out - even a jump out of financial ...

Plum opens investment website

MICHAEL HOBBS  |  FRIDAY, 23 JAN 2009
... said. In January, Carter announced Plum Financial Services would spend close to $5 million in investment projects over the next quarter to enhance the firm's communications and platform.

Market Wrap - Morning

AAP  |  FRIDAY, 23 JAN 2009
... the news was not good. The software giant posted an 11 per cent drop in profits and said it will slash 5,000 jobs over the next 18 months. The company said deteriorating global economic conditions and lower revenue from PC software forced it to cut back. ...

TTR strategies need more attention

RUTH LIEW  |  THURSDAY, 22 JAN 2009
... and gloom to say that this will soon change. "From the current low equity levels that we're seeing, I do feel that over the next ten years that there should be opportunities for people to generate long term wealth through that period. "There are large ...

Read between the headlines

BENJAMIN ONG  |  THURSDAY, 22 JAN 2009
... changed in less than three months, it is equally likely that the 'sharpest deceleration' prediction could be revoked in the next three. Now what about the 6,000 jobs axed at BHP headline? The multiplier effect of 6,000 people thrown into the unemployment ...