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Financial Planning

More than two years' investment bank profits lost

WWW.THESHEET.COM  |  WEDNESDAY, 2 APR 2008
Investment banks may have blown up one and a half years worth of profit from the sub-prime crisis and subsequent contagion. And the sector may lose more than two years' profit, a study by Morgan Stanley and financial services consultancy Oliver Wyman ...

RSL snubs proposed super changes

MICHAEL HOBBS  |  TUESDAY, 1 APR 2008
The Returned Services League (RSL) has urged the government to reject plans to change the military's retirement fund because the proposed changes could disadvantage military service people.

Forum 'gets real' on ESG

MICHAEL HOBBS  |  TUESDAY, 1 APR 2008
Sustainability magazine, Ethical Investor, is holding a one-day forum to ensure investment managers understand how to incorporate environmental, social and governance (ESG) issues into investment processes.

Investec takes to the air

RUTH LIEW  |  TUESDAY, 1 APR 2008
Specialist banking group Investec has raised its stakes in the aircraft leasing business with the launch of the Investec Global Aircraft Fund - its first institutional offering to the Australian market.

Swiss sustainable FUM up 67 per cent

MICHAEL HOBBS  |  MONDAY, 31 MAR 2008
The Swiss sustainable investment market jumped 67 per cent last year to $33 billion at the end of December 2007, according to investment consulting and research company onValues.

Int'l equities full of quality: S&P

MICHAEL HOBBS  |  MONDAY, 31 MAR 2008
A Standard & Poor's international equities review found more than half of the funds had achieved either four or five star ratings.

AXA online gets thumbs up

RUTH LIEW  |  FRIDAY, 28 MAR 2008
AXA's new electronic application system has been met with an optimistic response from its advisers - putting the firm a step closer to ramping up its presence in the life insurance sphere.

Cash is still king

Despite growing evidence that Australian equities are cheaper due to the credit crisis, there are more fund managers parking their funds in cash today compared to three months ago.

S&P hits back on CalPERS' claims

RUTH LIEW  |  THURSDAY, 27 MAR 2008
Standard & Poor's has returned fire at claims by CalPERS that the global rating house practiced a "dual rating system" which placed municipalities to a higher standard than corporate issuers.

FTSE war on terror

RUTH LIEW  |  THURSDAY, 27 MAR 2008
Global index firm FTSE Group has chosen to wage its own battle against terrorism by launching a new terror-free index.