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Fund managers forecast blue skies ahead

Australian fund managers believe the worst of the global financial crisis is over and are strongly backing prospects for Australian equities over the coming year, according to Russell Investments' latest Investment Manager Outlook (IMO). The outlook for almost all sectors has strengthened, with the sentiment towards Australian equities at its highest level since the manager survey began in 2005.
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New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

Xero recently held its annual meeting in Wellington, during which the company revealed some interesting details about its future. As has been widely suspected, the...

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