July 2012 – Kleinworth Benson Investors have just produced a well balanced article about the ongoing Eurozone crisis. With their permission, the article is re-produced here in full. Needless to say, the future of the eurozone is a key issue for all investors. We think that there are three main “endgame” scenarios from here, each of which we explain below. …
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Jul
Equity markets rallied in June with all equity markets exhibiting positive returns. In a very eventful month the markets were mostly range bound until the announcement at the European Union summit meeting of the intention to create a single supervisory mechanism for banks and for the ESM to recapitalise banks directly; the latter clearly designed to separate bank debt from …
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Mar
Updated deposit rates are now available here. As these rates are subject to change at short notice, please contact us should you wish to confirm a specific rate. Our firm acts as a deposit agent for AIB, EBS, Investec, KBC Bank and PTSB. We are happy to facilitate deposits with these institutions.
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Aug
Pension Fund Levy – Further Update Despite fierce opposition and much criticism, the Finance Bill (No.2) 2011 was passed into law on 22nd June last. This bill provides the legislation for the introduction of the levy on pension schemes announced in the recent Jobs Initiative. Key Points: A levy of 0.6% on the market value of pension assets under management, to raise €470 …
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Jun
Updated deposit rates are now available here. As these rates are subject to change at short notice, please contact us should you wish to confirm a specific rate. Our firm acts as a deposit agent for Anglo Irish Bank, EBS, Investec, KBC Bank and PTSB. We are happy to facilitate deposits with these institutions.
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Jun
11
May
The Government last night announced a levy of 0.6% of the market value of private pension funds. This is intended to raise €470 million this year for the exchequer, and the scheme is intended to run for 4 years from 1st January 2011. The levy will apply to occupational pension schemes, personal pensions and PRSA’s. The levy does not apply to public service pensions. …
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Apr
Global equity markets were shaken by the civil unrest in Libya and the Middle East and the massive natural disaster that hit Japan during March. Markets sold off strongly in the first half of the month before rebounding towards month end with the MSCI World Index returning -3.6% over the month in Euro terms. Japan was unsurprisingly the worst performing …
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Mar
Updated deposit rates are now available here. As these rates are subject to change at short notice, please contact us should you wish to confirm a specific rate. Our firm acts as a deposit agent for Anglo Irish Bank, EBS, Investec, KBC Bank and PTSB. We are happy to facilitate deposits with these institutions.
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Jan
December was another good month for global equities and brought an end to a very strong year of performance for global equity markets. The MSCI World Index gained 20.1% over the year in Euro terms with an 11% gain in Quarter 4 alone. In Ireland, 2010 may not have felt like such a positive year, especially for investors focused solely on …
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