There are so many disturbing aspects to the financial crisis that it is difficult to focus. In the finance industry itself, it’s as if whole organisations are paralysed in a hopeless pessimism.
Notwithstanding the self-fulfilling nature of this gloom, as the rest of the world starts to slide down the same slope, there are still pockets of light which deserve wider recognition. The first is that many markets have probably overshot fair value on the downside by a wide margin.
There are so many disturbing aspects to the financial crisis that it is difficult to focus. In the finance industry itself, it’s as if whole organisations are paralysed in a hopeless pessimism.
Notwithstanding the self-fulfilling nature of this gloom, as the rest of the world starts to slide down the same slope, there are still pockets of light which deserve wider recognition. The first is that many markets have probably overshot fair value on the downside by a wide margin. 
There are always a few types of business which can profit from a financial crisis, and it’s been interesting to watch those who hope to be among them subtly play their angles.
The bids for attention have sometimes come from opposite ends of the risk spectrum. For instance this month we had fixed income broker FIIG Securities herald ‘Government-guaranteed bank debt’ as the new asset class du jour, which will trade at a wider spread than traditional Australian Government bonds.
There are always a few types of business which can profit from a financial crisis, and it’s been interesting to watch those who hope to be among them subtly play their angles.
The bids for attention have sometimes come from opposite ends of the risk spectrum. For instance this month we had fixed income broker FIIG Securities herald ‘Government-guaranteed bank debt’ as the new asset class du jour, which will trade at a wider spread than traditional Australian Government bonds. 
The Australian Custodial Services Association (ACSA) is set to recognise those in the custody and investment admin industry who have put in extra effort to drive industry efficiency and contribute to regulatory dialogue. The lead story in the Tuesday, November 25 edition of I&T News incorrectly identified nine reduncancies at BlackRock Investment Management’s marketing team. There has in fact been just one redundancy from that team, and a further nine from other parts of the business including the direct and A-REIT property teams. I&T News apologises to BlackRock … Read more
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Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
