EDITORS PICKS

This week we've selected seven must-read articles including Alan Kohler and James Thomson on Opes Prime, Stephen Bartholomeusz and Robert Gottliebsen on the recovery of global credit markets, Rob Burgess and Tim Harcourt on India and Giles Parkinson on investment opportunities in carbon trading.

By Eureka Report ·
4 Apr 2008

Opes: the full story
Alan Kohler
Clients of the failed broker will get 50c in the dollar at most. This is a Shakespearean tale of frailty and tragedy that will reverberate for a long time.

ANZ has won... for now
James Thomson
Aggrieved clients of Opes Prime have failed to win an injunction to prevent ANZ selling off shares they claim they own. But this is only the first round of the legal battle.

Credit markets recover
Stephen Bartholomeusz
Investors in Macquarie's Fortress Trust will be pleased to note a 15 per cent increase in the net asset value of their securities. Does this mark the turning point for international credit markets?

Signs of life
Robert Gottliebsen
The market for mortgage backed securities has become more liquid. What this means is that sellers can quit their stock, albeit at low prices. It's the first stage of a recovery in debt markets.

The elephant in the room
Rob Burgess
Seduced by the economic charms of China, commentators are ignoring the Indian growth story. But fundamental differences in the economy mean there is a good chance that we are hitching ourselves to the wrong wagon.

A giant picking up speed
Tim Harcourt
India has been a slow starter for Australian exporters, but it is rapidly gaining momentum.

The new carbon caper
Giles Parkinson
If Australia's carbon trading scheme is to dovetail with overseas markets, companies will have to gain a much better knowledge of their own emissions levels.