Dispatches: AMP expands into US
AMP Capital Investors has moved to expand its presence in North America, announcing today that it has opened an office in New York. AMP Capital managing director Stephen Dunne made clear the move was related to the company's pursuit of global mandates. (Money Management)
The value of domestic merger and acquisition activity within Australia and New Zealand has more than halved this year. (The Australian)
The proposed $2.7 billion buyout of private hospital owner Healthscope may mark a turning point in the role of private equity in Australian capital markets. (The Australian)
Commonwealth Bank chief Ralph Norris believes all the pieces are in place to drive a much needed lift in consumer confidence and fuel improved economic growth in early 2011. (News.com.au)