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Property investment loans rise again in June: ABS

WITH AAP  |  MONDAY, 11 AUG 2003
... per cent to $6.88 billion in June, from $6.35 billion in May. The sharp increase in lending for housing investment comes on top of a jump last week in the number of home loans, pointing to continued strength in the real estate market. Demand from investors ...

AMP responds to demerger market speculation

WITH AAP  |  MONDAY, 11 AUG 2003
... major competitors. For the year ended June 2003, AMP recorded a net inflow of $751 million, the second best result among the top five managers, and around 11 per cent of industry net flows. Mr Mohl said the figures demonstrated the strength of the AMP ...

Platinum rates highly: Morningstar

... ratings agency said Platinum's success since inception in 1994 could be attributed largely to Mr Neilson's stock selection and 'top down' input experience. "While this represents a significant key person risk, Neilson is unlikely to depart the organization ...

Survey highlights shifts in market share among fund managers

A new survey has found that of the top five retail and wholesale investment managers, only the NAB group recorded growth in combined funds management in 2002-03. According to data provider DEXX&R, the total value of funds under management within the ...

Investa needs 45% stake in POF takeover to have chance: Analysts

WITH AAP  |  TUESDAY, 5 AUG 2003
Investa Group Ltd would have to build a 40 per cent to 45% stake in takeover target Principal Office Fund (POF) to have any chance of toppling POF's own alternative proposal, analysts said today. Analysts said the alternative proposal, put forward by ...

Ratings agency delivers mixed verdicts on two international equity funds

... Management Australia Limited (CSAM) and Colonial First State Investment Managers Australia Limited (CFSI). CSAM has been given a top rating by Morningstar, which noted the dual contributions of the group's local currency managers and Los Angeles-based ...

Perpetual Investments receives top rankings amongst mortgage fund managers

Morningstar has today announced the completion of its Australian mortgages qualitative sector strength ratings, citing seven fund managers offering 85 per cent of retail mortgage fund assets rated. The research house has awarded Perpetual Investments ...

Investors more confident in international markets: InTech

... according to Intech, value style investing still dominated survey results. Lazard, Perpetual and Tyndall Value were the three top performing Australian equity managers. This was also in contrast to international equities, where InTech found style had ...

Challenges ahead for wealth managers: survey

... identified regulation and compliance as their most pressing operational concern. Changes in distribution models were seen as the top external driver of change in the market place.

Up to 70% of Australian workers to get positive super returns: ASFA

... their default and/or balanced options (the vast bulk of fund members are in such investment options). Virtually all of the top 10 largest industry funds recorded positive investment returns for the 2002/03, as did many of the accumulation divisions of ...