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Superannuation

CFS ploughs $280m in Myer property

CHRIS NICHOLLS  |  THURSDAY, 19 JUL 2007
Colonial First State Retail Property Trust purchased, as part of a consortium, Melbourne's landmark Myer department store building for $605 million.

WRF taps demand for alternatives

WRF Securities has signaled its plans to be a major player in global property and alternative assets after it appointed industry stalwart Maurice Kluge to the top job.

FKP ups Sydney property share

CHRIS NICHOLLS  |  WEDNESDAY, 18 JUL 2007
FKP Property Group today announced its Core Plus fund has agreed to purchase three Sydney properties with a total value of over $35 million, taking its share of the Sydney office market to 27 per cent.

Zenith recommends Barwon/Select PE fund

CHRIS NICHOLLS  |  WEDNESDAY, 18 JUL 2007
Ratings agency Zenith has awarded a "Recommended" rating to Barwon Investment Partners' Select Private Equity Portfolio, offered through their partnership with Select Asset Management.

Basis Capital suspends yield fund

WWW.THESHEET.COM  |  TUESDAY, 17 JUL 2007
Local hedge fund manager Basis Capital yesterday suspended redemptions from its $1 billion Basis Yield Fund. The fund manager wrote to investors saying that disruption to the global structured credit market had created difficulties for the fund and that ...

Avanteos platform fails to find buyer

CHRIS NICHOLLS  |  TUESDAY, 17 JUL 2007
The Commonwealth Bank has failed to attract a buyer for its Avanteos platform, after bids from potential buyers did not match their expectations.

Not drowning just waving

It is confession season for corporates and while the Institutional Broker's Estimate System shows a majority of analysts downgrading profits, the domestic market seems to be waving rather than drowning.

Treasury group seeds another boutique

ALEX DUNNIN  |  TUESDAY, 17 JUL 2007
The Treasury Group (TTG), the funds management incubation and development group, has entered into an agreement to establish a new boutique asset manager to be known as Cannae Capital Partners that will target Australian and New Zealand equities.

Corp funds still unfazed by choice: Deloitte

ALEX DUNNIN  |  TUESDAY, 17 JUL 2007
Corporate funds are still unfazed by super choice even though most confess they will soon need to ramp up their services if they are to survive, according to a Deloitte report.

More money on money

The continuing globalisation of investments is driving more pension funds to adopt savvier currency strategies, according to State Street Global Advisors (SSgA).