Daily economic round-upBY PETER BELL | MONDAY, 30 OCT 2006 12:22PMOvernight news from the US revealed that the US economy grew by only 1.6 per cent in the September quarter which was down on the June figure of 2.6 per cent and the 5.6 per cent from the March quarter. Residential construction has fallen more than 17 per cent during the third quarter although new home sales increased by 5.3 per cent on the back of the largest discounts in prices for more than three decades.
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Antipodes acquires boutique manager
|Antipodes has acquired a fund manager specialising in Asian equity and fixed income strategies that has about $170 million in assets under management.
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|Mercer released its investment performance charts, revealing the top 10 funds delivering massive returns.
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|ClearBridge Investments has launched its first global equity strategy in Australia as it looks to introduce more in the future.
Plenary Group sells 49% stake to ADQ
|Abu Dhabi sovereign wealth fund ADQ has acquired a 49% stake in Plenary Group as it marks its first investment in an Australian company.
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 Sponsored by | Where do advisers invest their time?The stage 3 tax cuts have sparked discussions on bracket creep. Implementing a tax-effective investment strategy is crucial now more than ever. |
 Sponsored by | Quality and Yield. A Powerful combination.With central bank rates seemingly peaked, investors are not awaiting yield increases. We're bucking the trend with investment rates at decadal highs |
 Sponsored by | Why it could be a good time to be a growth contrarianGrowth-style companies are in vogue, but you may need to think outside the box to ensure you don't overpay. |
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Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
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Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
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