Article Abstract:
Australian company Stockford Ltd acquired more than 45 accounting and other business and finance-related firms, for approximately $A1-$A6 million per firm, in an attempt to become the largest consolidator in the country. A competitor, Tasman Group, is in the process of acquiring small and medium-sized firms for a total of $A50 million.
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Article Abstract:
The practise of gearing can offer a way for investors' to solve their wealth accumulation problems, but it comes at high risk to both investors and their advisers. Gearing is the practise of borrowing money to invest in an investment group or chosen class of assets.
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Article Abstract:
The link between an investment manager's investment style and his performance was shown in an investment study in the US in the 1970s. Managers focus on either growth or value, and each type of invesment is focused on different sectors of the economy.
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