Brits in demand as Australia visits the UK to find new skilled workers – Australian Visa Bureau
London, UK (PRWEB UK) 15 February 2012
While Europe may be struggling to find ways to support itself financially, the Australian economy’s resilience goes from strength to strength and has now reached such a level that it needs skilled migrant workers to continue fuelling its booming industries.
The Australian Department of Immigration and Citizenship (DIAC) will be running a series of Australia immigration events in London, Manchester and Dublin throughout February in an attempt to help some of the UK’s finest workers in the Engineering and Trades industry and the Healthcare industry begin the process of applying for an Australian visa.
Firstly, Skills Australia, the independent body which advises the Australian government on its workforce needs, will be holding a three day event in London between the 25th and 27th February which will provide an opportunity for skilled workers to hear directly from Australian employers and what they can offer.
On the 29th of February, a free Migration Open Day will be held in Manchester the majority of Australia’s states and territories will be holding migration seminars to help put people in touch with employers and state departments willing to sponsor workers for an Australian working visa.
While both of these events are free to anyone, attendance is by invitation only and successful applicants will be informed of the address beforehand.
In order to attend the London event you must also be under 50 years old, have good spoken and written English, have an interest in moving to Australia and relevant skills or qualifications in the health or engineering and trade industries.
Attendance to both of these events is severely limited and priority will be given to people with experience in professions in high demand across Australia. Leonie Cotton, Australian casework manager at the Australian Visa Bureau explains how you can maximise your chances of securing an invite:
“Interest in these events has been high and the DIAC will have to disappoint a lot of people, including many who have the right qualifications.
“Fortunately, if you use the free Australian skills assessment at the Australian Visa Bureau’s website, you can see the sort of questions you’ll need to answer and find out immediately whether or not you’re eligible to apply.
“The London event is looking for people for occupations in the health care and automotive industry, as well as the construction, electrical and mechanical trades but these terms can be ambiguous; our free skills assessment can give you a better idea of how sought after your skills are.”
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Credit Suisse Provide Q4 Market Commentary on European ETFs
Credit Suisse Provide Q4 Market Commentary on European ETFs
London, England (PRWEB UK) 24 February 2012
Credit Suisse ETFs Sales Strategist Ursula Marchioni reviews the ETF industry trends in her quarterly market commentary. Key findings of the quarter are:
Political uncertainty in Europe
Political uncertainty and the lack of a comprehensive solution to the euro sovereign debt crisis continued to impact European ETFs in Q4. After a flat October, outflows accelerated in November and December. In contrast, the US ETF market – facing similar underlying macroeconomic issues to Europe – did not experience the same crisis of confidence. Most likely due to its more mature and less fragmented status, the US ETF market, recorded a very different year to Europe, with inflows of USD 115.76 bn and only one negative month (May). The US ETF result reinforces our opinion that ETF growth will continue globally, and will gain strength in Europe when the underlying market uncertainty and regulatory scrutiny experienced here subsides.
Regulatory scrutiny intensifies
The increased regulatory scrutiny of synthetic ETFs highlighted in our Q3 market commentary continued to contribute to the outflows from these funds seen in last quarter. Since the publication of a European Securities and Markets Authority (ESMA) discussion paper in July addressing the risks of synthetic funds, a big divide has opened, with positive results for physically replicated funds and outflows mostly concentrated in synthetically replicated funds. Investors appear to prefer cash-based ETFs, placing USD 21.50 bn into physically replicated ETFs, in contrast to redemptions of USD 3.27 bn from synthetically replicated ones.
ETFs remain relatively attractive
Despite the negative flows in Q4, the European ETF market remains attractive to investors − illustrated by the USD 18.23 bn total inflows for the year − and particularly when compared to the much larger European UCITS fund industry. In contrast to the inflows recorded in European ETFs in 2011, by the end of November UCITS funds had recorded an outflow of EUR 84.5 bn. The disparity between the performance of the two investment vehicles is even more marked due to the fact that nearly 90% of European ETFs’ AUM is constituted in UCITS funds .
Credit Suisse expects 2012 to be a positive year for the European ETF industry
Some headwinds remain with respect to the health of the global economy and while a solution to the Eurozone crisis remains elusive, macro tools such as ETFs should continue to hold their position as a wrapper of choice for a variety of risk/return profiles. On January 30th, the European Securities and Markets Authority (ESMA) clarified its position on ETFs, and this should allay some of the investor concern over regulatory risks that was prevalent in the market in 2011. Ultimately, we expect to see a return to the fundamentals of indexing, with both the industry and regulators taking further action in clarifying the risks of different types of exchange traded instruments.
For a detailed account, please download the full Year End 2011 Market Commentary on European ETFs.
About CS ETFs
Credit Suisse AG is among the most successful providers of Exchange Traded Funds (ETFs). In Switzerland, the bank has been the market leader for many years and it is the second-largest provider of physically replicated ETFs in all of Europe. The Credit Suisse ETF portfolio consists of 58 funds, which are listed on the five largest European stock exchanges and cover the most important equity and bond indices of the world’s main stock exchanges and national economies. Thematic and regional funds for commodities, emerging markets, and alternative energies round out the product offering. The Credit Suisse ETF website has information on choosing the best ETF.
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