Nikko Asset Management Co., Ltd. (Nikko AM), and Tyndall Investments today announced the successful completion of the purchase by Nikko AM of Tyndall Investments from Suncorp.
Wingate and Safika form new private equity business
Melbourne-based investment and advisory firm Wingate Group, and Safika Holdings, one of South Africa’s largest investment holding companies, have formed a Melbourne-based joint venture, Winsaf Pty Ltd, to undertake principal investments in Australia and Asia and help Australian companies invest into Africa.
EQT makes appointments in Responsible Entity area
In line with its recently announced strategy of increasing its focus on providing independent responsible entity (RE) and other fiduciary services, Equity Trustees Ltd (EQT) has announced new appointments in its corporate fiduciary and financial services group.
EQT anticipates fiduciary services and RE opportunities
Equity Trustees Ltd (EQT) is strengthening and renaming its funds distribution and corporate trustee services business, implementing a strategy to capitalise on its long-standing reputation and expertise in fiduciary services.
AUI extends capital raising for Retail Property Fund
Australian Unity Investments (AUI) has opened the $67 million discounted rights issue for its Retail Property Fund to a public offer following the successful raising of almost $30 million from existing investors.
Positive signs for IPOs in 2011: HLB Mann Judd
The Australian Initial Public Offer (IPO) market is showing signs of greater strength, with some indicators back to their pre-global financial crisis levels, according to the latest HLB Mann Judd Small Cap IPO Watch, released today (Wednesday 19 January 2011).
Look out for signal to become ‘wealth builder’: HLB Mann Judd Sydney
It’s too easy for people to miss the signal that they are able to become ‘wealth builders’ and are in prime position to ensure a healthy financial future if they make the right choices, says Mr Jonathan Philpot, wealth management partner at accountants and advisers HLB Mann Judd Sydney.
Positive signs for domestic and international equity markets in 2011: Platypus/Wingate
Managing risk is the key for equity markets in 2011, although the outlook for the full year is relatively positive, according to Platypus Asset Management and Wingate Asset Management.
Take control of education costs: Lifeplan
Many parents get a nasty shock when they realise the cost of new textbooks and supplies needed at the start of a new school year, following hot on the heels of the expense of Christmas and summer holidays. However, some families have taken control of the annual back-to-school expenses by putting in place a budgeting and savings process separate to the day-to-day family budget, says Mr Matt Walsh of Lifeplan.
Greater transparency and good communication a priority in 2011
We can expect to see new superannuation legislation (again!) as well as the possibility of tougher regulation to protect investors – hopefully providing greater investor protection following the collapse of a number of investment schemes where investors lost capital. On top of this, there are a number of other issues that financial services operations will need to deal with.
South Wharf DFO financing augers well for 2011: Wingate
Wingate Group and J.P.Morgan’s Global Special Opportunities Group have provided a $42.5 million mezzanine finance facility to part-fund Plenary Group’s 50 percent acquisition of the South Wharf Retail Precinct in Melbourne.
AUI opens priority rights offer for Diversified Property Fund
Australian Unity Investments (AUI) has opened a limited priority rights offer for investors in its Diversified Property Fund at a 7.5 percent discount to the security price*, with a view to raising up to $40 million.
Tips on getting your voice heard
The financial services industry has traditionally been good at using public relations. Most companies in the area understand the importance and value of communication with clients and influencers, and make a commitment to public relations in their marketing budget.
Tyndall moves forward with new appointment
A week after being acquired by Nikko Asset Management, Tyndall Investments has initiated a program to further strengthen its business with the promotion of Mr Andrew Julius to head of retail. This follows the earlier confirmation of Mr Craig Hobart as managing director of Tyndall.
Surveys show benefit of strong client relationships
Results of some interesting surveys looking at attitudes to financial planners were released in recent weeks which, together, tell a story of interest to all personal services businesses.
Brand damage can be mitigated with good communications
With more media coverage this week following a directional hearing on the sexual harassment charges against David Jones and its former chief executive, I’m wondering just how much the issue will harm the David Jones brand?
Don’t sacrifice clarity by trying to sound authoritative
We’ve all had the experience of talking with executives who are clearly very intelligent and know their stuff very well, but who are pretty much incomprehensible because they insist on using big words mixed with jargon.
Public relations does not mean “spin doctoring”
It annoys me that, over the years, the term “spin doctoring” has become synonymous with public relations. The thing that rankles is that to most people, “spin” means the art of misleading or even deceiving – especially in a political context.
Don’t underestimate the importance of attention to detail
I was talking to a journalist the other day who was disparaging about a media release he’d received from someone else, because of poor grammar in a couple of spots and careless spelling mistakes
Shadow Minister at 2010 Pritchitt Partners reception
Luke Hartsuyker, shadow minister for financial services, superannuation, corporate law and consumer affairs, was guest of honour at the Pritchitt Partners 2010 annual reception. A