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Showing 61 - 70 of 110 results for "RMB"

Institutional appetite for RMBS behind lender acquisition

MATT WOODINGTON  |  MONDAY, 18 JUL 2011
ASX listed Firstfolio has agreed to acquire non-bank mortgage lender Calibre Financial Services amid plans to tap the growing demand from institutional investors to take part in residential mortgage backed securities (RMBS) issues. Firstfolio, a mortgage ...

RMBS under the spotlight

RUTH LIEW  |  THURSDAY, 2 DEC 2010
While liquidity has improved in Australia's residential mortgage-backed securities (RMBS) market, more needs to be done to boost the attractiveness and stability of the sector, said an industry expert. Jeff Brunton, head of capital markets at AMP Capital ...

ANZ invests more in BoT

ELISE BURGESS  |  MONDAY, 15 NOV 2010
ANZ continues its investment in Asian banking markets with a further $126 million invested into North East China-based Bank of Tianjin (BoT). The latest investment will maintain ANZ's current 20 per cent stake in BoT, which is launching a capital raising ...

Clash of the titans on housing bubble

JOHN MCDULING  |  FRIDAY, 29 OCT 2010
The debate over an Australian housing bubble resurfaced this week and two of the world's leading investment houses are on opposite sides of the argument. GMO's Jeremy Grantham, a self-confessed student of asset price bubbles and an outspoken believer ...

Van Eyk completes China review

NEWS RELEASE  |  MONDAY, 18 OCT 2010
... companies have stronger balance sheets when compared with their Western counterparts. Finally, following the de-pegging of the RMB from the US dollar, the Chinese currency is expected to appreciate over the short term, strengthening returns for foreign ...

Introducing foreclosure-gate, the latest risk to a US recovery

JOHN MCDULING  |  MONDAY, 11 OCT 2010
Recent court rulings have cast doubt on millions of mortgage foreclosures across the US, potentially reducing the value of investments held by Australian institutions in related assets. Court rulings across the country have found that millions of securitized ...

RMB rise to benefit local investors

RUTH LIEW  |  FRIDAY, 8 OCT 2010
Advisers could add more value to their clients' portfolios by taking a closer look at the rise of the Renminbi (RMB) and its impact on the currencies of neighbouring countries, an expert in Chinese investments said. Simon Wu, executive director of Premium ...

China not heading for a property bust

RUTH LIEW  |  MONDAY, 13 SEP 2010
Talks of a property bubble in China are overstated as the Chinese government has introduced new home ownership and lending rules to cool the market, said an investment expert. "I don't think we have a bubble yet," said Samantha Ho, investment director ...

Rising markets boost Perpetual's bottom line

JOHN MCDULING  |  TUESDAY, 24 AUG 2010
Perpetual Limited reported full year net profits after tax of $90.5 million in the year to June, representing a 140 per cent increase on last year's result, and well above the company's previously issued guidance. The company's Private Wealth division ...

Goldman Sachs pay $620m to settle SEC lawsuit

SEC RELEASE, BLOOMBERG  |  FRIDAY, 16 JUL 2010
Goldman Sachs & Co has paid the US regulator more than $620 million (US$550 million), the largest penalty ever levelled against a financial firm, for allegedly misleading investors regarding the deals behind its sub-prime mortgage product. Goldman Sachs ...