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New era for BlackRock

... this year. The new company forms a $1.33 trillion investment group (US$1.046 trillion) which easily ranks it as one of the top five largest fund managers in the world. Michelle Baltazar

Hyperion shuffles the top of the deck

KATE HAGE  |  TUESDAY, 3 OCT 2006
Hyperion Asset Management has undertaken a high profile re-shuffle of its board as well as announcing a new $30 million mandate. Hyperion has appointed former Perennial chief investment officer and chairman and managing director of newly launched 'house ...

Future Fund climbs to $32 billion

ALEX DUNNIN  |  FRIDAY, 29 SEP 2006
The government will transfer $14 billion to the Future Fund during 2006-07, and on top of the $18 billion parked there in May the Future Fund has already reached $32 billion in committed money. This is the second significant contribution by the government ...

Less confusion, more clarity on managed accounts: IMAP

Competing players from Australia's fast growing managed accounts sector will join forces to present the public with a uniform set of terminologies and help clarify the confusion surrounding the different managed account products. Around 40 industry ...

Daily economic round-up

PETER BELL  |  THURSDAY, 28 SEP 2006
... competitiveness of financial markets and the capacity to absorb and leverage new technologies. Australia is generally ranked in the top handful in terms of technology uptake. Importantly, Australia is being seen as a country where fiscal policy is now ...

AVCAL awards for top private equity plays

HAMISH MADDEN  |  THURSDAY, 28 SEP 2006
Australia's best private equity and venture capital players were recognised last night at the Australian Private Equity and Venture Capital Association's (AVCAL) awards presentations, with the list of winners including Pacific Equity Partners, Investec ...

REST steps on board Members Equity

... Members Home Loan' product, members don't pay application fees, ongoing account maintenance fees, nor charged when they want to top-up, re-draw, fix or split their loan. The deal will benefit REST's membership base of around 1.6 million. It also means ...

Smooth swimming for AUI Platypus

Six months on since wealth manager Australian Unity Investments (AUI) sealed a 50-50 joint venture with top performing boutique fund manager Platypus, the newly formed AUI Platypus Australian Equities Trust continues to beat the market. Speaking at ...

Land of the giants: World's top 500 fund managers

... Capital Investors (number 146), National Australia Bank (147) and Macquarie Bank (150). All the big four banks featured in the top 500 list. Meanwhile, merger and demerger activities have affected the rankings. AMP fell from number 53 back in 2000 to ...

Market wrap - midday

AAP  |  MONDAY, 25 SEP 2006
... per cent, to $2.03 after it unveiled a $1.47 billion recommended takeover offer from Tullow Oil Plc. Hardman was also the top traded stock by volume, with 50.3 million shares worth $102.9 million changing hands. On Wall Street on Friday, stocks closed ...