To combat the skewness of the Australian listed property trust (LPT) market, the $13 billion multi-manager arm of ipac has split its portfolio covering the sector into two mandates – along a 70/30 per cent passive/active divide – and appointed new managers to implement them.
Staff WriterMay 18, 2009
John Corr, chief investment officer of Fortitude Capital, will become majority owner of the hedge fund after fellow co-founder Tim McGowan exits in May.
Staff WriterApril 6, 2009
From the pressure-cooker life as a ‘City’ stockbroker in London, Craig Leibbrandt has morphed into a financial planner carving out a specialist practice in the emerging lifestyle city of Newcastle – Newcastle, Australia that is. Leibbrandt explains why a new dealer group has helped him create the business model he desires.
Staff WriterMarch 7, 2006