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Legg Mason Permal Global Absolute Trust earns high rating

ELISE BURGESS  |  FRIDAY, 20 AUG 2010
... Yen and Japanese market, Ajay Dayal, investment director at Legg Mason explained that after Japan's equity market gave nothing in 2009, the first quarter of 2010 began to show signs of recognition and promise. "Japan is a key active equity market for ...

Something for everyone

BENJAMIN ONG  |  FRIDAY, 20 AUG 2010
... 0.2 per cent gain. Ugly is only skin deep. Yes, these indicators look really negative but scratch the surface and really nothing has changed much. The less volatile four-week moving average of claims remains where it had been since the start of 2010 ...

Same song

BENJAMIN ONG  |  WEDNESDAY, 18 AUG 2010
Had it not been for the greater than percentage point gain on Wall Street overnight, there was really nothing to write home about. Click your mouse on any financial news service and you're bound to read that good earnings announcement and better-than-expected ...

Nightmare on Wall Street

BENJAMIN ONG  |  FRIDAY, 13 AUG 2010
Yep, the scare is on! Expect nothing less - it's Friday the 13th anyway. Jason and Freddie Kruger are out to induce a nightmare on Wall Street. But wait, it wasn't Jason, nor was it Freddie - it was the US initial "weekly" unemployment insurance claims ...

Waiting to exhale

BENJAMIN ONG  |  TUESDAY, 10 AUG 2010
... would earn a record US$70 billion in profits this year. This follows a US$46 billion return on its assets in 2009. There's nothing wrong with this especially when the aim is too fortify the economy's crutches. And this would be palatable for the central ...

Squared

BENJAMIN ONG  |  FRIDAY, 6 AUG 2010
... indicators that are not as positive as expected. Here's my but again. But in the overall scheme of things, there's really nothing much to read out of the US releases overnight - they're same old, same old. And I don't think Wall Street read much into ...

Good newer news

BENJAMIN ONG  |  THURSDAY, 5 AUG 2010
... depending on one's pre-conceived view or predilection of how the money world is shaping. There was none of that last night. Nothing from the bears when they saw the latest ISM non-manufacturing survey - nada, for what they saw was undeniably good. The ...

Stress test stress

BENJAMIN ONG  |  MONDAY, 26 JUL 2010
... budgy-smugglers to burn. This was going to be hot! As the sparks flew and the passions foamed, it became clear that they had nothing in common except their safety-first blandness. Oh, and their policies. They would both send refugees to the moon if that's ...

Market Wrap - Midday

AAP  |  TUESDAY, 20 JUL 2010
... Smith said some investors were taking their lead from the RBA. "That's not a bad lead," he said. "Apart from that, there's nothing much going on." On Wall Street on Monday, stocks made modest gains amid renewed concerns that the US economic recovery ...

Pause

BENJAMIN ONG  |  THURSDAY, 15 JUL 2010
... seesawing for much of the trading day. In case you start getting an attack from the jitterbug once again, have no fear... nothing much has really changed. After six days of unrelenting climb, a pause should be expected - even welcomed. Given that no ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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