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THE estate life is not quite Tan Sri Abdul Khalid Ibrahim's cup of tea. He admires the planters' I>esprit de corps/Iand marvels at how well they have settled in at the estates, but he admits that he is not suited for such a lifestyle. The Kumpulan Guthrie Bhd's group chief executive officer recalls a typical visit: #8220;After two nights, the I>burung hantu/I(owl) was already getting on my nerves.#8221;
A QUICK resolution to the US-Iraq war is expected to enhance the demand for equity funds while re-ducing demand for bond and fixed income funds, according to industry players.
THE KL stock market closed yesterday with a near-1% or 6-point dip on mounting fears that war would erupt in the Middle East any time this week.
BizWeek asked SP's Investment Services managing director for Asia Pacific William J. Reidy, a few questions on factors investors should keep in mind during this selection process and how best to gauge an asset management company's performance.
EMPLOYEES#146; Provident Fund (EPF) chairman Tan Sri Abdul Halim Ali hinted in a speech that dividends to its members this year could be below last year#146;s 5% as low interest rates have hampered the fund#146;s ability to reap better returns from its investments.