Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 11 results for "GFC hit"

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... pool of money in debt assets, extending funds to borrowers under the security of first registered mortgages. When the GFC hit, the borrowers started defaulting on their loans. The fund froze redemptions starting October 2009. Meanwhile, its assets began ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... But wait! This smacks of the same optimism ex-Fed chairman Ben Bernanke blurted out about a couple of years before the GFC hit: "...we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system" ...

Un-Keynesian

BENJAMIN ONG  |  TUESDAY, 5 DEC 2017
... budget (under Treasurer Peter Costello) was in surplus - it went as high as 2% of GDP in 2000 to 1.7% of GDP before the GFC hit - sparking speculations that Australia doesn't need a bond market anymore because Australia no longer needs to borrow money ...

"Shunned" investment strategy generating massive returns

KARREN VERGARA  |  THURSDAY, 25 MAY 2017
... These also offered minimal credit spreads with a 0.15% coupon, which is essentially a zero risk premium, but when the GFC hit, the capital was ravaged by 50%. But in the last 12 months or so when interest rates bottomed, these securities have generated ...

FEATURE: Defending wealth

STAFF WRITER  |  TUESDAY, 9 JUN 2015
... annually. Retirees comfortably sat back, watched their pot of savings grow and enjoyed their time away from work. Then the GFC hit and suddenly it all changed. Equity and bond markets fell sharply. Some global financial institutions were intervened by ...

Falling cash rate puts gold in 'sweet spot'

LAURA MILLAN  |  WEDNESDAY, 6 MAY 2015
... banks still see gold as an important component of their monetary reserves, and have been building their holdings since the GFC hit," he said. "Gold is proving to be the ultimate durable investment even when the market is volatile or uncertain," he added. ...

Zenith signs ex-S&P client

BEN COLLINS  |  FRIDAY, 29 JUN 2012
... clients. "It's difficult for advisers to show their performance if they are just doing direct equities with clients, once the GFC hit there was a reaction against managed funds and a shift to direct equities. "Advisers are seeing that it's not as easy ...

ACT super account takes $450m GFC hit

ALEX DUNNIN  |  FRIDAY, 13 APR 2012
Poor returns due to the GFC has resulted in the ACT government's superannuation provision fund suffering a $450 million investment income shortfall over the past five years. The fund, now estimated to hold $2.2 billion in FUM, was established in 1997 ...

APRA warns on unlisted asset valuations

RUTH LIEW  |  FRIDAY, 6 AUG 2010
... infrastructure and private equity. The key issue, however, is the lag in unlisted investment valuations, which saw the GFC hit listed investments instantly whereas valuations for unlisted ones lagged. S.G. Venkatramani, general manager, Specialised Institutions ...

Lessons from US pension funds in crisis

MICHELLE BALTAZAR  |  MONDAY, 21 JUN 2010
... locally. For example, while the paper concluded that many US pension funds were already severely underfunded even before the GFC hit, their funding gaps have been further compounded by taking on too much market risk. "Part of the current crisis for state ...
PAGE:
1
PREVIOUS
NEXT