DUBLIN/ LONDON, Nov 5 (Reuters) – Irish sovereign bond
spreads are trading at levels that could trigger a special
trading safety net introduced a month ago by clearing house
LCH.Clearnet to protect bondholders from government default.

Irish sovereign bonds have since Wednesday been trading at a
spread of over 500 basis points, according to Reuters data. They
hit 550 bps for the first in early trading on Friday, making
Irish government debt the riskiest of the eurozone countries –
apart from Greece which is trading at about 925bps.

LONDON (Reuters) – Rules to force British workers to save for retirement will give big asset management players offering low-risk investment strategies a chance to capture the lion’s share of billions of pounds of new inflows.

The planned National Employment Savings Trust (NEST) will be managed conservatively and is likely to award mandates to investment houses known for fund ranges and skillsets that help clients match pension liabilities in a cost-effective way.

LONDON (Reuters) – Rules to force workers to save for retirement will give big asset management players offering low-risk investment strategies a chance to capture the lion’s share of billions of pounds of new inflows.

The planned National Employment Savings Trust (NEST) will be managed conservatively and is likely to award mandates to investment houses known for fund ranges and skillsets that help clients match pension liabilities in a cost-effective way.

DUBLIN (Reuters) – Ireland remains on track to cut its underlying budget deficit to a targeted 11.9 percent of GDP this year despite a jump in borrowing costs and a shortfall in income taxes, figures on Tuesday showed.

Ireland’s tax take was marginally ahead of target and its spending less than planned in the ten months to the end of October but the performance failed to impress investors who fear the country will need a Greek-style bailout to sort out the worst budget deficit in Europe.

DUBLIN, Nov 2 (Reuters) – Ireland’s state-run “bad bank”
made a profit of 6 million euros in the second quarter and said
on Tuesday it expected to make significant progress next year in
clawing back money from property developers.

The government set up the National Asset Management Agency
(NAMA) to acquire risky property loans with a nominal value of
73 billion euros from its battered banks and help draw a line
under years of reckless lending.

DUBLIN (Reuters) – Europe’s largest low-cost airline Ryanair (RYA.I: Quote, Profile, Research, Stock Buzz) (RYA.L: Quote, Profile, Research, Stock Buzz) failed to wow investors with an upgrade to its full-year earnings forecast after missing expectations for second-quarter net profit on Monday.

Shares in the Irish airline were down 3.6 percent at 1330 GMT, after a hefty fuel bill dashed expectations for a 40 percent increase in quarterly profit, and as the expected increase in full-year guidance failed to compensate.

DUBLIN, Nov 1 (Reuters) – Europe’s largest low-cost airline
Ryanair (RYA.I: Quote, Profile, Research) (RYA.L: Quote, Profile, Research) failed to wow investors with an upgrade
to its full-year earnings forecast after missing expectations
for second-quarter net profit on Monday.

Shares in the Irish airline were down 3.6 percent at 1330
GMT, after a hefty fuel bill dashed expectations for a 40
percent increase in quarterly profit, and as the expected
increase in full-year guidance failed to compensate.

LONDON (Reuters) – F&C Asset Management (FCAM.L: Quote, Profile, Research) reported higher-than-expected assets under management (AuM) in its third quarter, boosted by the takeover of rival Thames River and rising equity and bond markets. F&C said on Friday AuM swelled 13.5 percent to 108.2 billion pounds in the quarter to September 30, beating analyst forecasts for between 105 billion and 107.7 billion, after winning 600 million pounds of net new business.

Its shares were up 1.5 percent at 67 pence by 1004 GMT, outperforming the FTSE All Shares index .FTSE which was down 0.4 percent.

LONDON, Oct 29 (Reuters) – F&C Asset Management (FCAM.L: Quote, Profile, Research, Stock Buzz)
reported better-than-expected assets under management (AuM) in
its third quarter, boosted by the takeover of rival Thames
River, and rising equity and bond markets.
F&C said on Friday AuM swelled 13.5 percent to 108.2 billion
pounds ($172.3 billion) in the quarter to Sept. 30, beating
analyst forecasts for 105-107.7 billion pounds, after winning
600 million pounds of net new business.

Its shares were up 1.89 percent at 67.25 pence by 0848 GMT
outperforming the FTSE All Shares index .FTSE, which was 0.49
percent lower, and prompting JP Morgan Cazenove to describe the
performance as “encouraging”, retaining its “neutral” rating.