Two of Australia’s biggest institutional investors have called current equity markets fair value despite a year-long spike in prices. Both AustralianSuper and the Future Fund acknowledge the susceptibility of markets to bad news around high government debt in developed markets, but are not nervous about valuations. Innes McKeand head of equities at Australian Super, said: […]
IOOF Holdings Ltd. says the acquisition of DKN Financial Group Ltd. will bolster the number of its financial advisers by a third to about 1000 and will add $18 billion to its funds under management.
Media Super has appointed private markets specialist Quentin Ayers to provide advice about selecting private equity managers in Australia and overseas.
Mark Genovese, chief executive of the $700 million Maritime, Mining & Power Credit Union, says he is pursuing a similar strategy to Australia’s four largest banks by establishing close relationships with superannuation funds AusCoal and Maritime Super as the funds seek “solid returns”.
Standard Chartered Bank (SCB) is looking to reduce its energy consumption through an upgrade of its online server consolidation analysis database by an Australian-based company, Ideas International. SCB has adopted Ideas International’s ‘Server Car and Carbon Calculator’ for several of its overseas operations. Ideas International is a Sydney-based listed enterprise IT services firm.
Standard Chartered Bank (SCB) is looking to reduce its energy consumption through an upgrade of its online server consolidation analysis database by an Australian-based company, Ideas International. SCB has adopted Ideas International’s ‘Server Car and Carbon Calculator’ for several of its overseas operations. Ideas International is a Sydney-based listed enterprise IT services firm.