http://www.goodreturns.co.nz/blog/far-flung-assets-being-flicked Mon, 23 Jan 2012 01:04:49 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.goodreturns.co.nz/blog/far-flung-assets-being-flicked/comment-page-1#comment-5262 Phil’s Blog » Blog Archive » How ‘bout those commissions Thu, 05 Jun 2008 21:12:59 +0000 http://blog.goodreturns.co.nz/far-flung-assets-being-flicked#comment-5262 [...] « Far-flung assets being flicked [...] [...] « Far-flung assets being flicked [...]

]]> http://www.goodreturns.co.nz/blog/far-flung-assets-being-flicked/comment-page-1#comment-5216 Chris Douglas Sun, 01 Jun 2008 21:55:31 +0000 http://blog.goodreturns.co.nz/far-flung-assets-being-flicked#comment-5216 A very good point Phil, there will be a number of senior executives offshore taking a closer look at non-core businesses or looking to cut costs. You only need to look across the Tasman where Lehman Brothers recently closed down it's Australian asset management business. This is after paying a premium to buy it only 15-months ago. The situation was a result of a global parent shutting down non-core businesses during a time of uncertainty. A very good point Phil, there will be a number of senior executives offshore taking a closer look at non-core businesses or looking to cut costs. You only need to look across the Tasman where Lehman Brothers recently closed down it’s Australian asset management business. This is after paying a premium to buy it only 15-months ago. The situation was a result of a global parent shutting down non-core businesses during a time of uncertainty.

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