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Market wrap

AAP  |  THURSDAY, 6 APR 2006
The Australian share market is expected to open firmer as stronger base metal prices and a positive lead from US markets set the stage for another move to record highs today. On the Sydney Futures Exchange, the June share price index was one point firmer ...

Mum and dad investors want a slice of the private equity pie

Private equity was once the domain of institutional investors but a rising number of companies are re-writing the rules by launching private equity funds tailored to retail investors. Macquarie is one of the first off the rank with its unlisted global ...

Lower risks from hedge fund strategies causing a rethink

While global hedge funds continue to outperform global equities, the big news is that they are doing it for only one-third the risk. The latest GreenwichVan Hedge Fund Index report for January 2006 shows that the S&P 500 scored a return, in local currency ...

Royal Bank of Scotland targets real estate finance in Oz

The Royal Bank of Scotland (RBS) has announced the establishment of a real estate finance division in Australia. The real estate finance division will be headed by Leon Reardon, a former global head of property finance for National Australia Bank. Reardon ...

Planners eye Centro direct property

The nation's love affair with direct property continues with Centro Direct Property Fund (DPF) doubling in size to just over $550 million in funds under management since its re-launch 18 months ago. The fund is an unlisted open-ended investment trust ...

S&P gives local LIC thumbs down

S&P has given a 'not recommended' rating to local fund Global Masters Fund (GMF) which invests in Warren Buffett's Berkshire Hathaway. S&P fund analyst, Simon Scott, said that GMF, which is a listed investment company, is offering retail investors poor ...

NAB removes commission bias in the UK

WWW.THESHEET.COM  |  THURSDAY, 12 JAN 2006
National Australia Bank owned UK banks Clydesdale and Yorkshire have revamped their financial advisers' commission structures in response to a survey that found three out of four consumers believe advisers push products that earn them the most sales ...

Global hedge funds up 7 per cent for the year: Greenwich-Van

The Greenwich-Van Global Hedge Fund Index gained 7 per cent over the year to end October, according to hedge fund index provider Greenwich-Van Advisors (Greenwich-Van). "Many hedge fund strategies, with the exception of short sellers and convertible ...

Who's better who's best

Who says top performers aren't persistent? This year's Best of the Best fund manager Perpetual and Best of the Best super fund REST are back-to-back winners having won the coveted award last year too. The Money magazine 2006 Best of the Best awards ...

Platinum creates new role after better-than-expected growth

Platinum Group Financial Services announced that it has promoted Colin Scott to the newly created role of national manager in business development. "Since Platinum Group Financial Services commenced business in July, our team of Advisers has grown rapidly ...