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Superannuation

Euro private equity awaits

HAMISH MADDEN  |  TUESDAY, 20 MAR 2007
Private equity is a huge universe globally and Australian super funds would do well to broaden their horizons, according to privately owned European private equity and hedge fund of funds specialist Unigestion.

HESTA appoints three intl long-short managers

ALEX DUNNIN  |  TUESDAY, 20 MAR 2007
HESTA Super Fund has appointed Acadian Asset Management, AXA Rosenberg and AQR as global long-short managers with a total allocation of just under $300 million.

Statewide launches target return investment option

ALEX DUNNIN  |  TUESDAY, 20 MAR 2007
Top rating public offer super fund Statewide has stepped up its move into long-term strategic investments by launching a target return investment choice.

Tyndall slams performance of corp boards

HAMISH MADDEN  |  MONDAY, 19 MAR 2007
Tyndall's head of equities has sent a blunt message to the boards of listed companies - they are not doing enough to fully appreciate the value of their companies and are letting down shareholders in the process.

ML Private Clients group partners with US community bank

ALEX DUNNIN  |  MONDAY, 19 MAR 2007
Merrill Lynch is partnering with US community bank Carver Bancorp in New York to offer investment products and financial advice directly to residents in Harlem and Brooklyn through the installation of financial booths in bank branches that will be staffed ...

Russell best ideas fund recommended by Zenith

HAMISH MADDEN  |  FRIDAY, 16 MAR 2007
Zenith has rated the Russell Select Holdings Fund, a fund of best ideas, recommended on the back of its "sound and logical rationale".

Partnership blooms between ipac and Flowers

HAMISH MADDEN  |  FRIDAY, 16 MAR 2007
Ipac securities has welcomed another practice into its fold with the formation of a business partnership with Flowers Financial Group.

AUI bulks up healthcare property portfolio

Amid the lack of cheap healthcare assets in the property market, Australian Unity Investments (AUI) pounced on the chance to buy properties with three medical centres and redevelopment potential for just over $9 million.

PE stirs academic heat

ALEX DUNNIN  |  THURSDAY, 15 MAR 2007
The wave of private equity (PE) investment stirring political concerns in the UK, and to a lesser extent in the US, has prompted Australian academics to attempt a review of how PE investments should be regulated in Australia.

Australian M&A activity surges to record high

ALEX DUNNIN  |  THURSDAY, 15 MAR 2007
Merger and acquisition (M&A) activity in Australia more than doubled last year, surging 125 per cent to $35 billion, while the number of deals jumped only by one-quarter to 490, said Thomson Financial's just released Asia-Pacific M&A Financial Advisory ...