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* Home equity beats car equity.
REUTERS In Australia, Private Equity Beats the Market | Australian private equity returned 7.85 percent last year, outperforming the benchmark Australian stock index on a three-year basis, Reuters reports.
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REUTERS Campbell May Find a Deal From Private Equity | Campbell Soup said it was planning acquisitions to expand its baking and snack division overseas, and with private equity firms having bought up snack companies in recent years, "some would be only too happy to sell to a large strategic acquirer like Campbell's," The Wall Street Journal's Private Equity Beat writes.
In every country in their study, the authors show that real (that is, inflation-adjusted) returns from equities beat bonds.
In America bond returns easily outshone those of equities in 2011, but in 2012 equities beat bonds by 14 percentage points.
For the year through Nov. 30, some 59percentt of United States diversified equity funds beat the S.& P. 500, according to Morningstar Inc.
After the Blackstone Group, a private equity powerhouse, beat back Vornado to take over Equity Office with a $39 billion bid, Blackstone quickly decided to sell most of Equity Office's Midtown Manhattan buildings without taking possession of all of them.
It was a good year for stocks and a better one for stock funds: Most diversified equity funds beat the 11% return of the S&P 500.
Last July, the global chip industry was taken aback when a consortium of private equity companies beat off six other rivals to buy the Philips chip division.
Most also have five-year average returns on equity that beat the yield on Korea's benchmark three-year corporate bond, currently 12.5%.
"Private equity will beat out ad agencies if the agencies don't do it," insists Andrew Berlin, who runs a collection of small ad shops owned by the WPP Group.
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