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Superannuation

MacarthurCook profits off property offload

HAMISH MADDEN  |  MONDAY, 30 APR 2007
MacarthurCook has sold one of the North Sydney office spaces in its MacarthurCook Office Property Trust portfolio for a significant profit.

MFS retires from village portfolio

CHRIS NICHOLLS  |  MONDAY, 30 APR 2007
MFS Diversified today announced the sale of its retirement village portfolio and shares in Village Life as part of its rationalisation of non-core operations.

Equity Trustees' sunny forecast

CHRIS NICHOLLS  |  MONDAY, 30 APR 2007
Equity Trustees has updated its 2006-07 full financial year forecast, with the board expecting a before-tax operating profit of nearly $12 million - almost a 66 per cent increase over last year.

AXA inflows surge on 30 June deadline

HAMISH MADDEN  |  THURSDAY, 26 APR 2007
Fuelled by the impending 30 June concession deadline for one-off super contributions, AXA Asia Pacific has reported a huge 51 per cent increase in net retail inflows for the three months to the end of March.

BT Margin Lending booming

BT has recorded strong growth in its BT Margin Lending business, with total loans under administration now exceeding $4.2 billion.

ING set to ride structured credit wave

CHRIS NICHOLLS  |  THURSDAY, 26 APR 2007
ING Investment Management (INGIM) has launched a new diversified, high-yield leveraged investments product - INGIM Global Yield Maximiser.

AFS increases stake in Salisbury

CHRIS NICHOLLS  |  THURSDAY, 26 APR 2007
AFS has acquired a 'strategic stake' in The Salisbury Group (TSG) dealership, adding 30 financial planning practices to its books and expanding its Funds Under Advice (FUA) to $6 billion.

LDI spurs growth of bond derivatives

The demand for inflation-linked bonds and their derivatives is set to rise in tandem with the growing popularity of liability driven investing (LDI) in Australia and overseas, according to experts.

Barclays to buy ABN AMRO

CHRIS NICHOLLS  |  TUESDAY, 24 APR 2007
Barclays has agreed to purchase rival ABN AMRO in a US$91 billion deal, creating the world's largest asset manager and the eighth largest wealth manager, with 47 million customers.

Rare coins and banknotes fund to raise $25m

Hindal Securities plans to raise $25 million through a fund that invests in rare Australian coins and banknotes, giving investors exposure to an alternative asset class that boasts returns as high as 35 per cent.