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Investment

Global private equity firms invest in OzForex

JOHN MCDULING  |  TUESDAY, 23 NOV 2010
The $100 billion private equity firm Carlyle Group, which has links to some influential world leaders, has invested in OzForex, the retail foreign exchange provider part-owned by Macquarie Private Wealth.

Former Soros partner targets retail market

JOHN MCDULING  |  TUESDAY, 23 NOV 2010
A former partner of the legendary global macro investor George Soros has launched a new offering for retail investors and is looking for distribution partners and white label providers to expand its presence.

New rules for investment advisers: SEC

MEDIA RELEASE  |  MONDAY, 22 NOV 2010
The Securities and Exchange Commission is proposing new rules to strengthen the regulator's oversight of investment advisers.

Zurich eyes platforms for growth

RUTH LIEW  |  MONDAY, 22 NOV 2010
Macquarie, BT and AXA are some of the platform providers Zurich Financial Services will be targeting next year as the firm shifts its strategy from launching new products, to increasing its presence in the platform sector.

Ireland gives in to EU bailout

JOHN MCDULING  |  MONDAY, 22 NOV 2010
The Irish government has finally caved into the pressure and requested assistance from the European Union and IMF to solve its fiscal crisis and enable it to prop up its ailing banks.

BFG to integrate firms

ELISE BURGESS  |  MONDAY, 22 NOV 2010
Southern Cross Equities and financial advisory firm Bell Potter will integrate into one brand from 1 July 2011, according to Bell Financial Group (BFG).

M&A activity to decline: report

ELISE BURGESS  |  MONDAY, 22 NOV 2010
An Ernst & Young report concludes that many global and Australian financial services firms prefer organic growth, with cautious attitudes held towards major acquisitions.

Nation's first solar fund launched

MEDIA RELEASE  |  MONDAY, 22 NOV 2010
Fund manager and capital adviser, Moss Capital, has launched $100 million solar energy fund.

J.P.Morgan and ANZ complete migration

ELISE BURGESS  |  MONDAY, 22 NOV 2010
J.P. Morgan Treasury & Securities Services completes its migration of direct and master custody clients from ANZ Custodian Services, building its custody and administration services.

Shareholder activism at the Future Fund

JOHN MCDULING  |  MONDAY, 22 NOV 2010
The increasingly activist approach of the Future Fund has been further reinforced after it voted against all three resolutions proposed at the Telstra AGM on Friday.