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Financial Planning

ASX report finds property performs better than shares

AAP  |  THURSDAY, 3 JUN 2004
For the first time The Australian Stock Exchange (ASX) annual report on investment returns over a 10-year period has shown investors would have been better off investing in property than shares.

BT expands corporate super platform

BT Financial Group has announced two new investment portfolio's will be added to its BT Lifetime Super Employer Plan platform.

Macquarie Bank media fund to grow to $1 bln: report

AAP  |  THURSDAY, 3 JUN 2004
Macquarie Bank is expected to grow its media fund to $1 billion with a string of acquisitions before a planned public listing down the track, according to reports today.

Retail managed funds up 13.3% in March Q04: Plan For Life

Actuary and Research house Plan For Life released details today of its March quarter 2004 analysis of retail managed funds, highlighting a 13.3%, or $8.5 billion increase in the quarter to $328.1 billion.

Experts predict 20% returns from ASX over coming year

AAP  |  WEDNESDAY, 2 JUN 2004
Experts predict the Australian stock market's ASX 200 index to return 20% over the coming year, according to Commonwealth Securities.

Closed small companies funds underperform: Navigator

The closure of small company funds can lead to deteriorating investment performance, Navigator Research revealed on Tuesday.

Macquaire to establish unlisted media fund: SMH

Macquarie is expected to announce today a friendly take-over offer of regional radio operator RG Capital in a move towards establishing a new unlisted Macquarie Bank media fund, the Sydney Morning Herald reported today.

Abacus Property Group to acquire to Liverpool Plaza

AAP  |  TUESDAY, 1 JUN 2004
Abacus Property Group (ABP) today announced that the Abacus Trust will acquire Liverpool Plaza Shopping Centre in Sydney for $29.8 million.

Macquarie rolls out new infrastructure trust

The Macquarie Adviser Services on Monday announced the launch of the Macquarie Global Infrastructure Trust II.

ING Office Fund buying AGL Building

AAP  |  TUESDAY, 1 JUN 2004
ING Office Fund (IOF) is to acquire a North Sydney office building in a deal worth $92.5 million.