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Investment

Board changes at Plan B

BEN COLLINS  |  WEDNESDAY, 10 OCT 2012
IOOF's managing director and chief financial officer have been appointed to the board of listed dealer group Plan B, after their company's takeover bid was made unconditional last month.

Investorfirst board in chaos

STAFF REPORTER  |  WEDNESDAY, 10 OCT 2012
The board of stock broking firm Investorfirst is in chaos after one of its executive directors moved to requisition a special meeting of shareholders to remove three of his fellow board members, according to The Australian.

PE deals down: Mergermarket

BEN COLLINS  |  WEDNESDAY, 10 OCT 2012
Private equity buyouts in the first three quarters of current financial year were down 22.8% year to date, according to a report by research group Mergermarket.

Trilogy takeover attempt piracy: LM

MARK STORY  |  WEDNESDAY, 10 OCT 2012
An attempt by Trilogy Funds Management to replace LM Investment Management Ltd as Manager of two LM feeder funds is opportunistic, hostile and without any consideration of investors' interests.

Retire mortgage debt with super: CPSA

ALEX DUNNIN  |  TUESDAY, 9 OCT 2012
A recent CPA Australia report calling the lump-sum super payment system a 'retirement savings disaster' overlooks the bigger picture, according to the Combined Pensioners and Superannuants Association (CPSA).

AFA conference boasts biggest turnout in 20 years

LINDA HAUSKEN  |  TUESDAY, 9 OCT 2012
At this year's Association of Financial Adviser's (AFA) National Conference, due to kick off in three weeks, delegates can expect to hear from high caliber speakers who will be tackling the sector's challenges and opportunities in the face of regulatory ...

Overseas investors' demand replacement of LM as RE

MARK STORY  |  TUESDAY, 9 OCT 2012
Unitholders in a group of mortgage funds - plus a significant number of overseas investors - want to replace the Gold Coast-based LM Investment Management (LM) with Trilogy Funds Management Limited (Trilogy) as the Responsible Entity (RE).

Swiss manager exceeds $1bn in Aus assets

BEN COLLINS  |  TUESDAY, 9 OCT 2012
Swiss-based Vontobel Asset Management has announced that its Australian assets under management have surpassed $1 billion.

Aussie shares to rally within a year: Russell

BEN COLLINS  |  TUESDAY, 9 OCT 2012
A sustainable turnaround in the Australian share market is predicted within the next 12 months, according to a Russell Investments research report.

China trip provides first-hand insights

STAFF JOURNALIST  |  MONDAY, 8 OCT 2012
While China's economic power is undisputed, misconceptions are still prevalent when it comes to investments, said Premium China Funds Management.