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Investment

Credit Suisse slapped with $12m fine

RUTH LIEW  |  FRIDAY, 15 AUG 2008
Investment banking giant Credit Suisse has been fined $12 million by the UK's Financial Services Authority for repricing certain asset-backed securities.

Econocrats pour cold water on mortgage agency

The Australian government's two key economic agencies yesterday reiterated their view that the market for mortgage-backed securities would recover, and that there was no case for any form of government-sponsored mortgage funding agency.

Embracing derivatives: South Korea

RUTH LIEW  |  THURSDAY, 14 AUG 2008
The South Korean derivatives market is on the cusp of a major boom - but investors will have to overcome a lack of education and increased risk before cashing in on the revolution.

US ETF appetite strong

MICHAEL HOBBS  |  WEDNESDAY, 13 AUG 2008
A State Street Global Advisors (SSgA) report revealed US investor appetite for exchange traded funds (ETFs) is strong despite ETF assets dropping more than five per cent since the start of the year.

Kenya budgets right for investments

MICHELLE BALTAZAR  |  WEDNESDAY, 13 AUG 2008
There are more winners than losers in the first Budget announced since the formation of Kenya's first coalition government, with local and foreign investors first in line to benefit.

UBS restructures core business

MICHAEL HOBBS  |  WEDNESDAY, 13 AUG 2008
Global investment bank UBS is separating its business into three separate divisions in a bid to make the bank more effective post sub-prime.

Comm Bank halts ABN AMRO talks

MICHAEL HOBBS  |  WEDNESDAY, 13 AUG 2008
The Commonwealth Bank stopped negotiating with the Royal Bank of Scotland to purchase ABN AMRO Australian Holdings, citing uncertainty in financial markets.

QIC favours endowment funds

RUTH LIEW  |  WEDNESDAY, 13 AUG 2008
The $80 billion QIC has poured $570 million into US endowment-style fund manager Global Endowment Fund - marking QIC's continued interest in the sector.

QIC fixed interest bucks trend

RUTH LIEW  |  TUESDAY, 12 AUG 2008
Traditional absolute return funds often rely on their ability to manage physical securities - but the QIC Global Fixed Interest Fund is going against mainstream thinking by exploiting opportunities with no correlation to major asset classes.

Who plays the PE game, wins

RUTH LIEW  |  TUESDAY, 12 AUG 2008
US funds with a high private equity exposure have come out tops of the investment returns league, new figures show.