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Financial Planning

Japan and Europe the next LPT frontiers: APN

Property fund manager APN Funds Management said Japan and Europe will give the listed property trust (LPT) sector its second wind following the industry's boom in Australia and the US.

Macq to conquer New York, New York

Start spreading the news. Macquarie Group just gained an entry ticket to the exclusive Manhattan teaset after acquiring Giuliani Capital Advisors (GCA), a subsidiary of an investment group founded by the former Mayor of New York Rudolph W. Giuliani.

K2 targets retail investors

Award-winning absolute return fund K2 Asset Management will lower its minimum investment from $50,000 to $20,000 as part of its strategy to increase its retail investor base.

38 per cent of US retirees like reverse mortgages

ALEX DUNNIN  |  TUESDAY, 6 MAR 2007
A survey by global consulting firm McKinsey & Co has found that US baby boomers will be forced to retire far sooner than they had hoped while having too little in retirement savings and holding unrealistic expectations about how they will finance it.

China funds under pressure?

Share markets worldwide have already bounced back after their sudden declines yesterday, precipitated by China's share market fall, but the scare has prompted investors to reassess the value of China-specific funds.

Reverse mortgage standards under fire

HAMISH MADDEN  |  WEDNESDAY, 28 FEB 2007
A CHOICE shadow shop survey of the reverse mortgage industry has revealed some poor practices and areas for concern, but plans are already underway from some in the industry to effect a uniform lift in standards.

HFA to meet full year forecast

Less than a year since its public listing, absolute return fund manager HFA Holdings has announced it is on track to meet full year profit forecasts and has flagged upcoming changes to the management board.

Home-grown talent bag global awards

Local fund managers Colonial First State Investments (CFS) and Ausbil Dexia are the recipients of three prestigious international fund manager awards, proof that Australia's globally-renowned talent extends beyond the Olympics and the Oscars.

Abacus beds down hotel fund

NICK OLIVER  |  THURSDAY, 22 FEB 2007
Abacus Property Group has launched a retail fund giving investors exposure to hotels and resorts in Australia and New Zealand.

Passive hedge fund investing in vogue

The Credit Suisse/Tremont Hedge Fund Index Tracker Fund attracted an impressive US$5 billion of investor money in the past two years, proof that more investors want hedge fund performance but at "index" fees.