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A-REIT concentration raises active mgt questions

MELANIE TIMBRELL  |  WEDNESDAY, 11 JUL 2012
... investment analyst. "Westfield Group continues to be the largest stock in both indices, comprising more than 28% of each. The next largest stock is Westfield Retail Trust, which is more than 10% of each index. "As a result, some funds in the sector are ...

Pipeline Partners makes HFM bid

BEN COLLINS  |  WEDNESDAY, 11 JUL 2012
... diligence period. Morningstar analyst Adrian Atkins told AAP that the bid from Pipeline Partners had been expected, and said the next key event in the Hastings takeover battle would be the findings of the Australian Competition and Consumer Commission ...

GS, Citi appointed for NSW elec, coal mine sales

MELANIE TIMBRELL  |  MONDAY, 9 JUL 2012
... tones of coal from the mine to be sold on the open market. Construction of Cobbora is expected to begin in the middle of next year, with mine activities starting in early 2015.

Macquarie AS updates term deposit offering

BEN COLLINS  |  MONDAY, 9 JUL 2012
... Investment Trends Self Managed Super Investor Report confirms that a third of SMSFs intend to invest in term deposits in the next 12 months (up from 27% in 2011), said Macquarie.

ACGBs have served their purpose: JBWere

BEN COLLINS  |  FRIDAY, 6 JUL 2012
... been gained by holding them. "Managing people's expectations is important. We don't expect the same level of returns in the next 12 months, which we saw in the last 12 months." To achieve double-digit returns, prices on already expensive ACGBs need to ...

Capital Group appoints senior relationship manager

LINDA HAUSKEN  |  FRIDAY, 6 JUL 2012
... firm's US and Australian operations. "Craig's extensive industry experience and client-focused approach is well suited to the next phase of Capital Group's expansion in the Australian market," said Paul Hennessy Capital Group's country head. Hennessy ...

Market Wrap

AAP  |  FRIDAY, 6 JUL 2012
... to boost its slowing economy. Chinese shares ended down 1.17 per cent amid concerns that key economic data to be released next week will provide further evidence of slowing growth. The benchmark Shanghai Composite Index, which covers A and B shares ...

Waiting on the world

BENJAMIN ONG  |  THURSDAY, 5 JUL 2012
... for the carbon tax. It's among our midst here and now. Though, if I may add, we might again find ourselves waiting - for next year's elections to see whether Tony becomes PM and makes good on his promise to repeal the C tax. But I digress. Recently released ...

Streamlined SMSF software creates adviser revenue stream

BEN COLLINS  |  WEDNESDAY, 4 JUL 2012
... pa returns, and they own the SMSF client." "Currently 10% of superMate sales are to advisers and this will be 30% in the next three years as advisers want to own the whole SMSF client, and want to remove the need for a wrap." The software does not cut ...

Falling bond yields, low growth, subdued returns

ALEX DUNNIN  |  WEDNESDAY, 4 JUL 2012
... rise in developed markets in the foreseeable future - mean we can expect little or no growth in developed markets over the next few years," he said. The core question is how should investors respond? But low growth expectations make it unlikely investors ...