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Superannuation

MFS buys 40 per cent of Vantage

MFS Alternative Asset has acquired a 40 per cent stake in private equity management group Vantage Asset Management (VAM), its maiden investment in the alternative asset sector.

UniSuper flags $1b property spend

UniSuper is the latest megafund to announce it will invest at least $1 billion in unlisted property over the next five years, enough firepower to acquire 100 per cent or majority stakes in buildings, an investment strategy once the exclusive domain of ...

JP Morgan Private Equity Fund Services launches in Australia

ALEX DUNNIN  |  TUESDAY, 14 NOV 2006
JPMorgan Private Equity Fund Services (PEFS) will be launching in Australia to provide custody and administrative support to super funds and investment managers operating in the private equity investment space.

Unit pricing not always best: Buttler Walker

ALEX DUNNIN  |  TUESDAY, 14 NOV 2006
Despite the push to make unit pricing the standard for how super funds report investment returns, interest rate based approaches can be just as robust, argue actuaries Buttler Walker.

State Street cuts transaction costs by up to 75 per cent

Big is not only beautiful it is also cheap after State Street Corporation's internal research found that their clients save up to 75 per cent in transaction costs thanks to the group's scale.

High conviction means making tough decisions

ALEX DUNNIN  |  MONDAY, 13 NOV 2006
Just because you are a high conviction investment manager doesn't mean staying with stocks no matter what, instead it means making tough decisions with conviction.

Superwoman joins Millenium 3

Sydney based womens financial services specialist Superwoman has flagged its intentions to expand nationally and has formed a joint venture with ING owned Millennium 3 Financial Services Group.

Macq BRIC fund approved by Zenith

HAMISH MADDEN  |  MONDAY, 13 NOV 2006
The Macquarie - Globalis BRIC Advantage Fund (Unhedged) has been assigned an 'approved' rating from Zenith.

Banks take a softly, softly approach to electronic banking

WWW.THESHEET.COM.AU  |  MONDAY, 13 NOV 2006
Banks believe greater use of electronic banking services will result in a lower incidence of payment fraud, but they are taking a very cautious approach to change.

Ironbridge and Archer spend $349m on pharmaceuticals

HAMISH MADDEN  |  MONDAY, 13 NOV 2006
Australian private equity specialists Ironbridge Capital and Archer Capital have purchased the 3M pharmaceuticals business in the Asia Pacific for $349 million.