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| | | Hedge funds and alternative investment managers are pegged as the next big hits in the boutique arena, said one Australian incubator. Ascalon, fresh from its ownership handover to Westpac, is closely watching the hedge funds and alternatives boutiques ... |
| | | | Ascalon Capital Managers has appointed BT Financial Group executive Jason Collins to the newly created role of head of distribution. Collins starts with Ascalon in February next year, and joins the team from related company BT Financial Group, where ... |
| | | | The Dow's hold on that elusive 10K-point mark remains elusive. Perhaps it is the consensus' way of affirming that, indeed, the market has run ahead of itself. Wall Street slid further overnight with the Dow slipping further below the 10K mark despite ... |
| | | | The Australian share market is expected to open stronger on Friday after financial stocks propelled Wall Street higher overnight. At 0744 AEDT on the Sydney Futures Exchange, the December share price index contract was up 41 points at 4,860, on a volume ... |
| | | | Tony D'Aloisio, chair at the Australian Securities and Investments Commission (ASIC), has been nominated chair of the Joint Forum, a body that works closely with three of the biggest finance organisations in the world. The Joint Forum, which supports ... |
| | | | The Australian share market is likely to open lower after most US and European share indices, as well as the price of oil, declined overnight. At 0750 AEST on the Sydney Futures Exchange, the December share price index contract was down 15 points at ... |
| | | | Treasury Group has expanded its boutique line-up, investing in absolute return manager AR Capital Management and Scotland-based global thematic equities manager Aubrey Capital Management. The deal means Treasury Group will own 30 per cent of each fund ... |
| | | | Ascalon Capital Managers has established a hedge fund boutique with three former Macquarie Funds Group executives. Helix Partners specialises in global equities using a quantitative process that is developed by former Macquarie Funds Group quantitative ... |
| | | | Westpac Group has bought Kaplan Equity's 50 per cent stake in Ascalon Capital Managers to wholly own the boutique incubator. Westpac Group said it had reached an in-principle agreement with Kaplan Equity in a transaction that is expected to be completed ... |
| | | | The Australian sharemarket was higher at noon, led by a surge in the banks, industrial, energy and mining sectors. At 1200 AEST, the benchmark S&P/ASX200 index was up 35.2 points, or 0.79 per cent, at 4464.8, while the broader All Ordinaries rose 36.1 ... |
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