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Investor Update: Financial ServicesClick to subscribe to this Investor Updates RSS feed

Australia streamlines tax for Managed Investment Trusts
10 May 2010
The Australian Government has streamlined the tax system for Managed Investment Trusts (MITs). In making the announcement, the Assistant Treasurer, Senator Nick Sherry, said that changes ‘amount to a complete re-write of how MITs are taxed – a new sy ...
US global private equity firm opens in Australia
7 May 2010
The New-York-based global private equity firm, The Riverside Company, is opening an office in Australia. To be located in Melbourne, the new office will focus on finding and evaluating attractive middle market opportunities in Australia.
Australian superannuation pool expected to grow substantially
6 May 2010
The Australian superannuation funds pool is expected to grow substantially following changes announced as part of the Australian Government’s response to a comprehensive review of the Australian tax system.
Australian Alternative Investments Report published
30 Mar 2010
The Australian Trade Commission (Austrade) has just published a report on the Australian Alternative Investments industry.
UK insurer opens office in Australia
26 Mar 2010
The UK general insurance and reinsurance group, Brit Holdings PLC, has opened an office in Sydney.
Agricultural Bank of China opens in Australia
22 Mar 2010
The Agricultural Bank of China, one of China's big four commercial banks, has opened a representative office in Sydney.
Data Alert: Australia’s Managed Funds Assets stand at A$1.7 Trillion
8 Mar 2010
Australia has one of the world’s largest contestable pools of investment fund assets. In the December quarter 2009, managed funds institutions’ total assets in Australia’s stood at A$1.7 trillion, according to the broadest measure defined by the Rese ...
Australia and Italy discuss investment opportunities
4 Mar 2010
Australian and Italian businesses have discussed investment opportunities during a recent high-level Italian business delegation to Australia.
Specialist international insurer expands in Australia
22 Feb 2010
The Catlin Group, an international specialist property and casualty insurer and re-insurer, has expanded operations in Australia with the opening of a new office in Melbourne.
Data Alert: Australia Pension Funds – the Fifth Largest in the World
8 Feb 2010
Total assets of Australian superannuation funds rose by 8.5 per cent to an estimated A$1,115 billion (US$996 billion) in 2009, according to latest research from Towers Watson’s Global Pension Asset Study.

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