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Resources boom gone in three years: Putnam

CHRIS NICHOLLS  |  FRIDAY, 16 NOV 2007
New transport and resources infrastructure arriving in the next three to four years could lead to the end of the current global resources boom, according to Shigeki Makino, Putnam Investments chief investment officer of global core equities. He said ...

Tyndall/Suncorp to merge fixed interest teams

CHRIS NICHOLLS  |  FRIDAY, 16 NOV 2007
Tyndall/Suncorp will merge their two separate fixed income teams next quarter and increase staff numbers at their global macro team over the next year as part of a broader growth strategy, according to managing director Brett Himbury. Himbury said the ...

Market Wrap - Midday

AAP  |  THURSDAY, 15 NOV 2007
... the broadcaster was looking forward to fiscal 2008 and that it planned to develop its multiple-channel business over the next year. Radio broadcaster Austereo Ltd had added six cents to $2.64 after it reported a solid start to the current financial year ...

ASFA launches three-part super plan

CHRIS NICHOLLS  |  THURSDAY, 15 NOV 2007
... regard. "With more money to invest, super funds also need to look at a wider range of asset classes. Having done that, the next step is for them to analyse the risk return profile of the assets, and there must be consistency across the industry on this. ...

Kingsway Taitz scores two new mandates

... passing $300 million at the end of September. However, managing director Brian Taitz said they had also secured contracts for next year that would take their AUA up to $1.7 billion. Chris Nicholls Correction: This story originally stated the mandates ...

Macq heads deeper into Asia

CHRIS NICHOLLS  |  WEDNESDAY, 14 NOV 2007
... on Asia as its key growth market, putting four more staff into their 700-strong Hong Kong office in the first quarter of next year to increase their regional funds management capabilities. Macquarie Financial Group also signed a recent agreement with ...

Consultum sets 20pc planner growth target

CHRIS NICHOLLS  |  WEDNESDAY, 14 NOV 2007
IOOF has set a target to increase planner numbers at its subsidiary Consultum by 20 per cent in the next year, according to chief executive Tony Robinson. While Consultum had already increased planner numbers this year, Robinson said they would still ...

Centric Wealth appoints new directors

MICHAEL HOBBS  |  TUESDAY, 13 NOV 2007
... wealth advisory group, Centric Wealth, has reshuffled its board of directors ahead of its planned initial public offering next year. Roger Davis has been appointed chairman with Martin Bloom, David MacKenzie, Alan Schwartz and Russel Pillemer all appointed ...

Takeover merchants

SUZY MAC  |  TUESDAY, 13 NOV 2007
... have achieved net returns over 16 per cent, and over 77 per cent of investors expect to achieve similar returns over the next 3-5 years. Significantly fewer investors are as optimistic towards European or North American buyouts. As a result, almost two ...

Syncsoft reboots with Microsoft

... management market with its XPlatform, which is based on Microsoft's.Net Version 3.5 framework, not due for general release until next year. "XPlatform is 'paracetamol' for delivering SOA applications. Not only does it maximise the latest technologies ...