typically

Unintentional

Mezzanine debt offers the best of both worlds … or does it?

With lending from traditional quarters – namely, the major banks – still difficult to come by for companies large and small, it would appear that opportunities must abound for investors who are looking for something extra from their fixed interest portfolios. While credit funds offered by traditional fixed interest managers remain in demand this year, […]
Unintentional

Mezzanine debt offers the best of both worlds … or does it?

With lending from traditional quarters – namely, the major banks – still difficult to come by for companies large and small, it would appear that opportunities must abound for investors who are looking for something extra from their fixed interest portfolios. While credit funds offered by traditional fixed interest managers remain in demand this year, […]
Investment Strategy

Sole purpose test does not apply to trauma: Prime Super

Prime Super’s move to offer trauma insurance to members as an additional product alongside the fund’s investment options was not required to meet the sole purpose test because the fund was the distributor, not the manufacturer, of the policies. An I&T News story covering Prime’s trauma insurance offering, published in late July, drew responses from […]
Investment Strategy

Sole purpose test does not apply to trauma: Prime Super

Prime Super’s move to offer trauma insurance to members as an additional product alongside the fund’s investment options was not required to meet the sole purpose test because the fund was the distributor, not the manufacturer, of the policies. An I&T News story covering Prime’s trauma insurance offering, published in late July, drew responses from […]
Administration

Discrete service aids hedge transparency and control

Earlier this year, Man Investments, the world’s largest hedge funds of funds manager, based in Switzerland, announced that it was migrating to a separately managed account platform (SMAP) for clients in order to give them more transparency and control. Others are expected to follow. Providing an SMAP for a client, even a big one, is […]
Administration

Discrete service aids hedge transparency and control

Earlier this year, Man Investments, the world’s largest hedge funds of funds manager, based in Switzerland, announced that it was migrating to a separately managed account platform (SMAP) for clients in order to give them more transparency and control. Others are expected to follow. Providing an SMAP for a client, even a big one, is […]
Investment Strategy

No ‘QIC II’ for Dee/Xavier boutique

In mid-2008, three months after exiting the deputy head of Australian equities and senior small-cap Australian equities roles at Queensland Investment Corporation (QIC), Michael Dee and Paul Xavier hatched a long-held plan to put capital to work in five sectors displaying ‘long-term structural growth’.
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