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Financial Planning

Treasury Group strikes Asian deal, names new chair and boosts funds

Boutique funds management firm, Treasury Group, has rounded off a busy week by naming a new chair to its board and also reporting an increase in funds under management of nearly 70 per cent.

$1 billion plus ploughed into agribusiness for 2004-05

The Australian Agribusiness Group (AAG) has released its fourth annual End of Year Round-up Report revealing the industry raised just over $1 billion in capital over the 2004-05 financial year.

Standard & Poor's likes ABN Amro's dedication to global property

Standard & Poor's has affirmed its 'competent' Assirt rating on ABN Amro's global property sector capabilities assigning a three star rating to its global property securities fund.

Hillross gives Perpetual International the thumbs-up

Perpetual Investment's new Dublin-based international capability - PI Investment Management Limited (PIIML) - has been included on Hillross's fund-of-fund product.

Investors advised to use a stop-loss to realise profits

Independent provider of market information and trading tools Bourse Data has recommended investors use a stop-loss, a predetermined price level where a stock position will be closed, in order to realise their gains from the equity market.

Two new adviser groups see Avenue of opportunity

Avenue Capital Management has expanded its dealer base incorporating two new financial planning practices, which takes its dealer group to 18 branches and $1.2 billion in funds under advice.

Westpac Super looks to Watson Wyatt for actuarial services

The Westpac Staff Superannuation Plan has appointed Watson Wyatt Australia to service its actuarial and consultancy requirements.

Investors need to widen the asset horizon

Achieving a properly diversified portfolio is more than simply diversifying into bonds and equities, as investors need to consider how to effectively diversify risk in a portfolio says Schroders portfolio manager Simon Doyle.

Pengana's Emerging Companies Fund gets three stars

Standard & Poor's (S&P) has awarded the Pengana Emerging Companies Fund an Assirt rating of three stars and has measured the manager's capability in the Australian small companies sector as 'competent'.

AMPFP appoints two new managers

AMP Financial Planning has appointed two managers of its new field support teams in central NSW - Greg Connelly - and ACT - Rob Organ.