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Financial Planning

Navigator seizes opportunity with new Challenger fund

Challenger Financial Services Group has launched its Microcap Fund aimed at attracting retail investors into the niche sector.

BankWest parent picks up RACV Financial Services

HBOS Australia subsidiary St Andrew's Australia has acquired RACV Financial Services, renaming the group St Andrew's Financial Services (SAFS) will remain the preferred supplier of financial services to RACV members.

Australian private equity investment bounces back

Investments in private equity in Australia increased by 10 per cent and totalled $2.21 billion in the financial year to June 2004, according to data just released by Thomson Financial Australian Private Equity.

Standard & Poor's gives Tankstream Property fund the three-star treatment

Standard & Poor's has assigned Tankstream Property Investment a three-star rating based on information from Aegis Equities (Aegis).

Mariner and Rothschild venture into leasing market

Mariner Financial and Rothschild have launched a joint venture in the Australian operating lease market.

MLC's MasterKey surpasses $6 billion

MLC's mammoth platform MasterKey Custom has hit the $6 billion mark in funds under administration.

Select Managed Funds makes quiet debut on ASX

Wealth management group Select Managed Funds Ltd made a conservative entry on to the Australian Stock Exchange yesterday first trading at $4.20 - a premium to its $4.00 issue price - before easing back to close at $3.99.

Financial performance in line with corporate responsibility: AMP

Latest research from AMP has revealed a strong direct link between financial performance and good corporate responsibility.

IWL releases earning figures to win JDV shareholders

IWL has released interim earnings figures to the market as part of its efforts to take over JDV, after the board of the latter wrote to its shareholders criticising the bid for its lack of financial data.

Millennium boosted by three-way merger

Millennium Financial Services has joined forces with Walker Laanemaa Chartered Accountants, and Danebury Financial Group to become the WLM Financial Group.