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| | | The Australian dollar was weaker at noon after lower than expected inflation data appeared to dash the chances of an interest rate rise in the coming months. At 1200 AEDT, the local unit was trading at 99.36 US cents, down from 99.86 cents on Monday. ... |
| | | | AMP Capital's Asian Giants Infrastructure Fund has acquired its first asset in China, buying a 19 per cent stake in provincial natural gas provider Qujing Gas, for an initial investment of US$2 million. Qujing Gas holds a 30-year concession to run the ... |
| | | | The $300 million-plus UCSuper is adding infrastructure for the first time to its portfolio - awarding mandates to Hastings Funds Management and Plenary Investment Management. Neil Kent, general manager of UCSuper, said the infrastructure holdings will ... |
| | | | It's been a busy two months for Zenith Investment Partners, which won four research mandates from planning groups including one from the $10 billion-plus Wilson HTM. ASX-listed Wilson HTM, which had $10.1 billion at the end of June in funds under advice ... |
| | | | Dealer group Centric Wealth's acquisition pipeline has more than quadrupled in the last five months, with more planners keen to join the group, thanks to big league M&As bubbling in the market. Mergers such as AMP and AXA's present rare opportunities ... |
| | | | ING Investment Management (INGIM) Australia continues its focus on wholesale business expansion and advisers with its fourth appointment this year. Former AXA Australia national sales manager Mark Harper was named senior business development manager ... |
| | | | Commercial property transactions above $5 million rebounded to $2.6 billion in the third quarter, up 268 per cent sequentially and up 75 per cent on last year, according to figures released by CB Richard Ellis. And while Australian super funds are dipping ... |
| | | | The Australian share market had held onto early gains at noon, led by financial and resources stocks, following positive offshore leads and better-than-expected results from a domestic business confidence survey. At 1206 AEST, the benchmark S&P/ASX200 ... |
| | | | Hoping to exploit the burgeoning demand for alternative assets, Investec Global Aircraft Fund launched an open-ended capital raising yesterday and appointed a former senior Qantas executive to its investment committee. Investec said it was seeking funds ... |
| | | | Zenith Investment Partners has added two analysts to its research team in response to its growing business pipeline. The Melbourne-based researcher said the new hires were made to enhance the services it provides to existing clients, to address client ... |
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