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Showing 211 - 220 of 382 results for Chris Nicholls

SMSFs and mergers drive Macq property fund growth

CHRIS NICHOLLS  |  WEDNESDAY, 25 JUL 2007
Macquarie Direct Property Fund (MDPF) today announced assets under management increased by almost 200 per cent over the past 12 months through a series of mergers and acquisitions that tipped in over $800m. The fund also experienced another successful ...

Magellan puts money where its mouth is

CHRIS NICHOLLS  |  WEDNESDAY, 25 JUL 2007
Magellan Financial Group has launched two unique retail funds that only pay performance fees when returns exceed both a relative market benchmark and 10 year Australian Government Bond yields. The high conviction Global Fund is a market-uncorrelated ...

AXA re-writes individual insurance

CHRIS NICHOLLS  |  TUESDAY, 24 JUL 2007
AXA today launched a significant upgrade to its individual insurance products, offering a new Trauma Reinstatement option, reduced TPD waiting periods and increased TPD payouts. The trauma reinstatement option gives policy holders the chance to reinstate ...

HFA finds Lighthouse leads to global growth

CHRIS NICHOLLS  |  TUESDAY, 24 JUL 2007
HFA has agreed to purchase US-based alternative investment manager Lighthouse Partners for A$707 million in cash and shares - approximately 11 times Lighthouse's estimated FY08 EBITDA - as the new business focuses on growing its global alternatives ...

Co-contribs put extra $3bn into nation's super

CHRIS NICHOLLS  |  TUESDAY, 24 JUL 2007
Over $3 billion of co-contributions have flowed into superannuation accounts in the three years since the Federal Government began its co-contribution scheme, according to Minister for Revenue and Assistant Treasurer Peter Dutton. Dutton said a third ...

Investor responsibility key to governance: Regnan

CHRIS NICHOLLS  |  MONDAY, 23 JUL 2007
Investors need to re-think their investment attitudes and focus more on corporate governance and long-term value than shot-term profit, according to Erik Mather, managing director of governance research house Regnan Mather said that while attitudes ...

APX launches first local carbon trading exchange

CHRIS NICHOLLS  |  MONDAY, 23 JUL 2007
Australia's first ever carbon trading exchange has opened today in Melbourne, letting businesses set carbon pricing five years before the Howard government's current 2012 goal. A joint venture between the Australia Pacific Exchange (APX), the Australian ...

Mellon wins $17.5m MFS mandate

CHRIS NICHOLLS  |  MONDAY, 23 JUL 2007
Mellon Global Investments Australia has won a $17.5 million mandate from MFS Investment Management (MFSIM) to manage their Premium Income Fund. Managed by the Australian-domiciled Mellon Global Bond Alpha Trust, the trust actively invests in global ...

Goldman Sachs JBWere appoints new head of equities

CHRIS NICHOLLS  |  FRIDAY, 20 JUL 2007
Goldman Sachs JBWere Asset Management (GSJBWAM) has appointed Dion Hershan as its new head of equities. Formerly a part of the Proprietary Trading team, Hershan's move gives him portfolio responsibility for GSJBWAM's fundamental equities funds. Hershan ...

Australia as Asian hub a pipe dream

CHRIS NICHOLLS  |  FRIDAY, 20 JUL 2007
Australia's hopes of becoming the primary Asian financial hub, as espoused recently by MLC chief executive Steve Tucker, are in severe need of a reality check, according to FTSE's Asia Pacific managing director Paul Hoff. Speaking during a whistlestop ...