Testing time for Tower

Article Abstract:

James Boonzaier, the chief executive of New Zealand's insurance company Tower Corp., announced in August 1999 the company's plans to demutualize and list on the Australian and New Zealand stock exchanges. The prospectus indicates a share value of $4.66 to $5.47. Tower also plans to raise $280 million by issuing about 50 million new shares to private and institutional investors in New Zealand and Australia. Boonzaier plans to maintain growth in Australia and New Zealand and to seek opportunities in Asia.

Insurance, Insurance Carriers and Related Activities, INSURANCE CARRIERS, New Zealand, Statistical Data Included, Planning, Insurance industry, Tower Corp., Boonzaier, James

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Boutique billions

Article Abstract:

The details on business growth of boutique fund companies such as Platinum Asset Management, under their financial managers, are presented.

Management dynamics, Management, Company business management, Cover story

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Boutiques are hot, but be wary of the hype

Article Abstract:

The reasons behind the growth of boutique fund companies, such as Highbridge Capital, are presented.

United States

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