Hot property

Article Abstract:

Bob Dalziel, managing director of healthcare group Mayne Nickless, is selling the company's corporate real estate and then leasing it back. shareholders are pleased and have supported him in his new approach. Other companies such as CRI have also taken up such moves by riding itself of assets no longer in use. This trend was followed from the US where companies are driving to sell as much non-core assets as possible.

Economic aspects, Portfolio management, Property, Assets (Accounting)

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The luck stops here

Article Abstract:

This article examines the causes of the financial losses now crippling the reinsurance industry in Australia and worldwide. Relevant points include the effect of a string of particularly expensive natural disasters and accidents in 1998, coupled with the over-exposure of GIO and other Australian reinsurers, as factors contributing to their current plight.

INSURANCE CARRIERS, Reinsurance, Reinsurance Carriers, Australia, Finance, Insurance industry, GIO Australia

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The American dream

Article Abstract:

This article examines how recent changes in tax laws have made US-based mutual funds more attractive to Australian investors. Relevant details include 12 new US-based mutual funds managed by Merrill Lynch, which will enable Australian investors to look beyond Australian-based international funds.

Evaluation, Product introduction, Investments, Mutual funds, MER, Australians, Merrill Lynch & Company Inc.

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