The Filipino LPT: brought to you by Ken Atchison

The Philippine Government is readying to pass legislation enabling a domestic listed property trust (LPT) market after more than two years of advice from external professionals including Melbourne based property consultant Ken Atchison. Atchison, who heads specialist property consultancy Atchison Consultants, has advised the Filipino House of Representatives and the country’s stock exchange to introduce … Read more

Russell gets more active in cash handling for overlays

For the past year Acorn Capital has been trying to launch a pre-IPO fund investing in Australian companies just before they join its familiar microcap universe. While a number of institutional clients have shown interest, the fund is yet to secure a single signature as markets have continued their journey south. “It has not been … Read more

Citistreet clients pledge support for SunSuper

The chief executives of Equipsuper and Non-Government Schools Super have thrown their support behind SunSuper’s acquisition of all three funds’ administrator, CSA Retirement Services (formerly Citistreet), although some industry observers wonder for how long. Equipsuper CEO Robin Burns said his 50,000-member fund’s contract with CSA did not run out “for a long time” and would … Read more

Citistreet clients pledge support for SunSuper

The chief executives of Equipsuper and Non-Government Schools Super have thrown their support behind SunSuper’s acquisition of all three funds’ administrator, CSA Retirement Services (formerly Citistreet), although some industry observers wonder for how long. Equipsuper CEO Robin Burns said his 50,000-member fund’s contract with CSA did not run out “for a long time” and would … Read more

Plunging dollar a saviour for Life Settlements

The Gold Coast-based Life Settlements Wholesale Fund, in which VFMC is an investor, was optimistic about its chances of outperformance over the coming months, as the Australian dollar fell back to what looked like a semi-permanent home around US65 cents. The Australian dollar position at near parity with the US for most of last year … Read more

Plunging dollar a saviour for Life Settlements

The Gold Coast-based Life Settlements Wholesale Fund, in which VFMC is an investor, was optimistic about its chances of outperformance over the coming months, as the Australian dollar fell back to what looked like a semi-permanent home around US65 cents. The Australian dollar position at near parity with the US for most of last year … Read more

The incredible shrinking admin industry: Citistreet chief retrenched, Pillar for sale

In a momentous two days for member admin, Citistreet’s sale to Sunsuper finalised on Friday and the administrator’s chief departed, while yesterday the NSW Government announced Pillar Administration would be sold.

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