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Financial Planning

All about Eve

SUZY MAC  |  TUESDAY, 30 OCT 2007
Barclays' Wealth Management has estimated that by 2020, women will outnumber men in the millionaire's club, and within 20 years, 60 per cent of the world's wealth will be managed by women.

Integrity opens to retail

Integrity, a boutique fund set up by former UBS Australian equities head Paul Fiani, hits the ground running with $400 million in institutional money already invested and a new retail fund launched last week.

Transition to retirement still a mystery

MICHAEL HOBBS  |  MONDAY, 29 OCT 2007
More education is needed to ensure those approaching retirement age don't overlook the benefits of transition to retirement (TTR) strategies, according to Doug Webber, Macquarie private wealth national practice manager.

ATO fines SMSF $62k

MICHAEL HOBBS  |  MONDAY, 29 OCT 2007
As the Australian Tax Office cracks down on SMSF misuse, a trustee couple representing Axent Group have been fined up to $62,500 for using nearly $150,000 in fund assets to pay their personal debt.

K2 back on IPO path

MICHAEL HOBBS  |  FRIDAY, 26 OCT 2007
K2 Asset Management Holdings (K2) has declared that market conditions are now right to re-list on the ASX, after withdrawing its initial public offering in August.

Macq bank splits to grow

MICHAEL HOBBS  |  FRIDAY, 26 OCT 2007
A majority 99.5 per cent of shareholders has approved Macquarie Bank's split into a banking and non-banking group, a move that mirrors a similar step made by investment banks in the US.

Rocketing small caps slow big cap funds

CHRIS NICHOLLS  |  FRIDAY, 26 OCT 2007
Strong small cap performance in the last three years has dragged down a large cap manager's performance relative to the index, according to data from research software provider Inalytics.

CFS buys music copyright assets

MICHAEL HOBBS  |  THURSDAY, 25 OCT 2007
First State Media Group, part of Colonial First State Global Asset Management, has bought one of the largest independently owned and operated record labels in the US ahead of the Australia launch of its first media fund.

FPA offers free advice to farmers

MICHAEL HOBBS  |  THURSDAY, 25 OCT 2007
Drought stricken farmers and companies have the opportunity to receive free financial planning advice through the Financial Planning Association of Australia (FPA) program being trialled in the southwest NSW region of Sunraysia.

SSgA launches Global Total Equity Returns in Australia

ALEX DUNNIN  |  THURSDAY, 25 OCT 2007
Harnessing investor appetite for products focusing on risk management, State Street Global Advisors (SSgA) is launching their Global Equity Total Return product into the Australian market.