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Superannuation

Macq opens gateway to global property

Macquarie Adviser Services has launched the European Investors Global Property Trust, a soon-to-list trust designed to give investors access to property companies and trusts overseas.

Loan doubles lure reverse mortgage providers

The story of reverse mortgages looks set to continue, as new figures released by independent market analyst Datamonitor (DTM) show loans for the products more than doubled in 2005.

Platypus piggybacks on fund heavyweight Aust Unity

It is a match made in heaven as top-performing fund Platypus Asset Management and fund giant Australian Unity Investments (AUI) form a joint venture that plays on each other's strengths.

Smooth, but watchful, sailing: Perpetual

With its bottom-up, fundamentals investment style, Perpetual doesn't do fortune telling. Even so, it sees no significant bumps on the horizon.

ME Bank profit surges but needs to lend more

WWW.THESHEET.COM  |  TUESDAY, 31 JAN 2006
Members Equity Bank reported a significant increase in after tax profit in 2005, but its profitability and return on equity will continue to suffer unless it can grow its personal loans and credit card book faster.

Exchange traded funds to surge

Exchange-traded funds (ETFs) are big in the US but have barely made a ripple in the local market and fund manager INVESCO wants that to change.

S&P react to TOWER PrefSure deal

S&P ratings services (S&P) have reacted to yesterday's announcement that TOWER group (TOWER) has bought PrefSure Life Ltd (PrefSure) to shore up and grow their master trust and life insurance business.

AXA closes two global wholesale funds

AXA has made the decision to close two of its wholesale global equity funds, effective 20 February.

Canadian pensions get leg up from energy: RBC Dexia

Canadian pension plans have posted an 11.7 per cent gain in the year ending December 2005 propped up by the nation's energy sector, based on the latest survey by RBC Dexia Investor Services.

MacarthurCook fund is hot property

MacarthurCook Property Securites (MPS) has delivered an emphatic 177.4 per cent gain in half year profits, proving that the bricks-and-mortar sector still delivers fat returns in a high-tech world.