QBE Insurance Group

It seems the brokers have been busy updating their forecasts with a lower Aussie dollar, helping QBE’s share price rise 11% over the past week. Depending on which of our recommendations you followed, that means you’ve either done very well in a short period or very poorly over a much longer period. In a sign of the times, and despite Moody’s downgrading QBE’s debt, the company recently raised US$600m of unsecured debt for five years at a measly 2.4% interest rate. But there's an ugly side to the low interest rates, which have been cutting returns from QBE’s massive...

It seems the brokers have been busy updating their forecasts with a lower Aussie dollar, helping QBE’s share price rise 11% over the past week. Depending on which of our recommendations you followed, that means you’ve either done very well in a short period or very poorly over a much longer period.

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