Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

Centric snaps up lending firm

CHRIS NICHOLLS  |  MONDAY, 13 AUG 2007
Centric Wealth has acquired boutique lending and brokerage firm Kingsbridge & Eagle (K&E), expanding its lending division and taking it further down the path of a European-style private bank.

BT chief Coombe explains spin-off

BT Financial Group is inundated with CVs after the group outlined plans to partially list its investment management arm, a move that gives all staff members an equity stake in the new company.

Barriers to hedging

CHRIS NICHOLLS  |  THURSDAY, 9 AUG 2007
The hedge fund industry's current growth will plateau unless the three big obstructions of high fees, low transparency and poor liquidity are removed, according to JANA managing director of asset consulting Ken Marshman.

Hip to be outside the square

ALEX DUNNIN  |  THURSDAY, 9 AUG 2007
Scale gives large super funds the resources and the likelihood to outperform, but that doesn't mean small funds that are well run can't compete with the mega fund powerhouses.

US investors receive $312m from Fair Fund

ALEX DUNNIN  |  WEDNESDAY, 8 AUG 2007
Another week, another compensation resolution for US investors. This time the Securities and Exchange Commission (SEC) is about to distribute $312 million through the Fair Fund, created as part of the settlements with Qwest Communications International ...

Balmain and Allco expand factoring joint venture

WWW.THESHEET.COM  |  WEDNESDAY, 8 AUG 2007
In buying Scottish Pacific from St George Bank, BA Venture, a joint venture between commercial loan broker Balmain Commercial and Allco Finance Group, aim to bring scale to the fragmented market for debt factoring.

Super inflows boost AXA profits

CHRIS NICHOLLS  |  WEDNESDAY, 8 AUG 2007
AXA Asia Pacific has announced a 23 per cent post-tax profit increase to $374 million for the six months to 30 June, with the local arm's results helped by strong super inflows and equity market growth.

UK alternative weightings quadruple

ALEX DUNNIN  |  TUESDAY, 7 AUG 2007
UK pension funds now have record low weightings to domestic equities and record high weightings to international equities while weightings to alternative assets have quadrupled in four years, according to a survey by Pension Funds Online, the UK directory ...

PE to re-build South Africa

HAMISH MADDEN  |  MONDAY, 6 AUG 2007
South Africa looks set to receive a helping hand from successful stockbroker Christopher Gardner, the inspiration behind the Will Smith movie The Pursuit of Happyness, who has plans to launch a private equity fund to focus on making South Africa an attractive ...

ING finds insurance oasis

CHRIS NICHOLLS  |  MONDAY, 6 AUG 2007
Oasis Asset Management today announced the replacement of Tower with ING Australia as its group risk insurance provider.