Guinness Peat Group, the investment firm liquidating its asset portfolio, has realised some 18.7 million pounds in the latest grab-bag of asset sales. The firm, founded by Ron Brierley, reaped 8.8 million pounds from the sale of wholly-owned subsidiary Gosford Quarry Holdings and will keep the unit’s Sydney property, which has redevelopment potential, for a later disposal, the company said …

Pyne Gould Corp managing director George Kerr has found a buyer for its Perpetual wealth management businesses and will throw in the firm’s stake in Australian research and management firm van Eyk Research. smoke shop online Under the terms of the deal, van Eyk will acquire Perpetual Portfolio Management, Perpetual Asset Management and Perpetual Trust to create a wealth manager …

e New Zealand dollar, which soared along with stocks on Wall Street and in Europe on the US fiscal cliff deal, gave up some of its gains as traders sold the currency as it neared 84 US cents. The kiwi dollar recently traded at 83.16 US cents from 83.73 cents in Asian trading yesterday, having reached as high as 83.92 …