Australia

Yields on Australian bonds have hit a record low after a wave of investors sold out of German bunds and other debt and flocked to what is seen as one of the few remaining safe havens.

Fidelity manager discusses the growing risk of another UK recession, the European debt crisis, and prospects for global government bonds.

Innes McKeand has left his post as head of equities at Aegon Asset Management to move to Australia.

First State has launched an offshore Australian Growth fund focusing on large-cap companies, headed up by Naz Ressas.

Australian, Norwegian and Canadian government bonds are the new safe haven for bond investors, Ariel Bezalel, manager of Jupiter's £418m Strategic Bond fund, has said.

LM Investment Management has launched a Luxembourg domiciled version of its Australian Income fund.

Australian group LM Investment Management has entered the UK market with the launch of its first structured product offering exposure to Australia's benchmark equity index.

Australia and India have both raised interest rates by 0.25% on escalating inflation fears.

The Singapore stock exchange is planning a £5.3bn takeover of its Australian counterpart in a deal which would create the world's fifth largest listed bourse.

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