Views from the world's end

Erik Metanomski is bearish. He believes investors are entering an even tougher market. It is possible that “massive panic” can spread globally as U.S., U.K. and European governments struggle under burdensome public debt, he says. Metanomski, the well-known Australian equities investor who founded MMC Asset Management, has teamed up with David Prescott to form deepvalue … Read more

Learning the ABC of social investing

The nearly ruined ABC Learning childcare empire was saved by a philanthropic consortium, The Good Start. But it wasn’t charity. MIRANDA WARD reports. A consortium of charities, bankers, commercial lawyers, tax experts came together with Social Ventures Australia (SVA) to raise a total $170 million to acquire the bankrupt ABC Learning childcare centres from competing … Read more