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Insurance Business | 19 Sep 2013, 12:00 AM Agree 0
A major financial entity, in its first analysis of a broker network, has reaffirmed the cluster group’s position as “the natural acquirer”.
  • Disclosure | 19 Sep 2013, 02:47 PM Agree 0
    No mention of whether Macquarie owns any part of Steadfast or offers services to Steadfast brokers!!
  • @Disclosure | 20 Sep 2013, 11:08 AM Agree 0
    Macquarie is a big player in the broker financing and banking/transaction services and their JV to buy Pacific is a clear direct interest, as is the payment system 'DEFT' (offered via macquarie).

    Note, Macquarie are the cpaital behind a number of other broker businesess rolling out investment models...

    At the end of the day its a good buy.

    p.s. I'm not part of Steadfast and wont be joining.
  • Just a thought | 20 Sep 2013, 12:41 PM Agree 0
    Most brokers started business because they wanted autonomy.
    Now whether they like it or not will be directed I believe ,in the best interest of the major investor.
    As for the Deft system . Do your numbers and consider where your portfolio information goes.
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