Monday, March 25, 2013

Rising out of Ashes: New Normal - Hardly Normal

"Memory itself is an internal rumour; and when to this hearsay within the mind we add the falsified echoes that reach us from others, we have but a shifting and unseizable basis to build upon. The picture we frame of the past changes continually and grows every day less similar to the original experience which it purports to describe."
George Santayana, The Life of Reason

The theme for this year's ASIC Forum is the 'the new normal'. The world economy is moving from turbulent times to a 'new normal'. But what is the new normal and will it allow markets to remain fair and efficient? The theme for the ASIC & it's inaugural Annual Dinner was all about 'Inspiring Institutions

Ps: Malchkeon has all the stories from the corridors of Hilton ...ASIC High Speed Dilemma; Bolivia’s first international bond sale in almost a century is turning into a cautionary tale for fixed-income investors trying to bolster returns with the riskiest emerging-market debt.Bolivian debt discussed ;-); Making companies more accountable in how they work - and showing that they are improving - will increase investor and public confidence, making them more attractive to investors and giving the public more trust in their products and services. . Making companies more accountable to shareholders and the public

AUSTRALIAN Securities & Investments Commission chairman Greg Medcraft has urged investors and investment houses to exercise more care in dealing with complex financial products, highlighting the growth of self-managed super funds as the greatest challenge facing the regulator in the next decade. ASIC flags growth of SMSF; Pascoe on watchpuppy