ABN Amro launches a CDO-backed fixed interest fund in New Zealand before Australia as New Zealand is a more sophisticated debt market.

Property hot, Managed funds not, Style police, Just call me Russell, CFS buys up.

Tower has launched a 'best practice' guide for advisers, which it wants to be an industry leader.

Napier

High yield funds using collateralised debt obligations (CDO) are becoming the latest “fad” in the market. Macquarie has launched one yesterday and ABN Amro Craigs are due to announce one on Friday.

A Wizard Home Loans company has got into trouble with the Commerce Commission over its advertising to the Asian community.

A year ago unitholders in the Victoria Park Market property syndicate were looking at big losses. The picture is much healthier now.

The looming crash in the bond market is like an accident waiting to happen in slow motion.

Alarm bells are ringing about the state of the fixed interest market in New Zealand. And some industry commentators have claimed that it is not a matter of if, but when, one of the marginal fixed interest issuers goes under.

Nelson

Auckland