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Giant firms hold sway in infrastructure investment industry

MARK SMITH  |  THURSDAY, 18 JUL 2013
The top 10 infrastructure fund managers by capital raised in the last 10 years accounted for 45% of the total raised by closed-ended infrastructure funds in the last decade, according to alternatives researcher Preqin. In its July edition of Infrastructure ...

Clear as crystal

BENJAMIN ONG  |  THURSDAY, 18 JUL 2013
It doesn't get any clearer than this! It's crystal! No more communications breakdown. No more failure to communicate. Big Ben Bernanke has delivered! While it's mostly a reiteration of the repeated message I've been telling you he's been telling us ...

Market Wrap AM

AAP  |  THURSDAY, 18 JUL 2013
... big bond-purchase program is "by no means" a "preset course". European markets switched gears with the testimony and at close, London's FTSE 100 index of leading shares was up 0.24 per cent to end at 6,571.93 points. Frankfurt's DAX 30 gained 0.65 per ...

Market Wrap AM

AAP  |  WEDNESDAY, 17 JUL 2013
... as traders weighed conflicting European data but mainly awaited testimony from US Federal Reserve chief Ben Bernanke. At close, London's FTSE 100 index of leading shares was down 0.45 per cent to end at 6,556.35 points. Frankfurt's DAX 30 retreated 0.41 ...

ATO to clamp down on multinationals and trusts

MARK SMITH  |  TUESDAY, 16 JUL 2013
... world is becoming a smaller place and it is getting very hard to hide," Quigley said. "We are also getting results through close cooperation with other international tax agencies, as seen recently with our work with the US and UK on tax haven data." ...

Market Wrap AM

AAP  |  TUESDAY, 16 JUL 2013
The Australian market looks set to open higher, following Wall Street's lead after the Dow Jones and the S&P 500 closed at all-time highs for the third straight session as in-line Chinese economic growth data offset disappointing US retail sales figures. ...

Super fund mergers pose capacity problem

MARK SMITH  |  MONDAY, 15 JUL 2013
Consolidation within the superannuation industry and the subsequent creation of mega funds is forcing chief investment officers to rethink their strategies, threatening to kill off institutional access to nimble boutique managers. Smaller funds are ...

Market Wrap AM

AAP  |  MONDAY, 15 JUL 2013
... fell to $1.3041 from $1.3092 late in New York on Thursday. HONG KONG - Asian markets closed mixed, with a record-breaking close on Wall Street offset by profit-taking after the previous day's broad gains. Japan's Nikkei edged higher as traders bought ...

Market Wrap AM

AAP  |  FRIDAY, 12 JUL 2013
The Australian market looks set to open higher after the Dow Jones Industrial Average and S&P 500 vaulted to new records following Federal Reserve chairman Ben Bernanke's pledge to maintain the central bank's easy-money policy for the foreseeable future. ...

Market Wrap AM

AAP  |  THURSDAY, 11 JUL 2013
... and the release of minutes from the bank's last meeting, for an idea about the future of the Fed's stimulus program. At close, London's FTSE 100 index of leading shares dipped 0.12 per cent to end at 6,504.96 points, Frankfurt's DAX 30 lost 0.11 per ...