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Ausbil Dexia dominates Morningstar awards

Ausbil Dexia (Ausbil) has capped 2005 by taking out three Morningstar prizes, including top billing as Morningstar Fund Manager of the Year 2005, beating other finalists, Barclays Global Investors and Vanguard. The awards, with winners crowned on Friday ...

Market wrap

AAP  |  MONDAY, 20 FEB 2006
... over the week. WELLINGTON - The New Zealand sharemarket ended the week with a dramatic rebound, as investors piled back into top stock Telecom. The benchmark NZSX-50 gross index ended 30 points, or almost one percent, higher at 3,333.26, while the NZSX ...

Market wrap

AAP  |  FRIDAY, 17 FEB 2006
... finished up 110.84 points at 16,043.67. HONG KONG - Hong Kong stocks rose slightly as property shares rallied after Hong Kong's top lender cut its mortgage rates. The Hang Seng index ended at 15,450.88, up 27.62 points. WELLINGTON - The New Zealand sharemarket ...

MLIM and BlackRock create $1.35 trillion fund

... operating committee. The new BlackRock will have an estimated $1.35 trillion in assets under management and will become a top ten asset manager in the world and the number one fixed income manager in the US based on size. While MLIM Australia's chief ...

Lonsec warns MTMs to seek new boutique managers

... managers, including Mercer Global Investments (MGI), AMP, Navigator and Challenger, all for the first time. Russell came in top of the MTMs for the second consecutive year and was the only manager to be given a 'highly recommended' rating. Lonsec's report ...

ARF and STA to merge into $18bn fund

... five from ARF and two who are directors of both funds." The combined yet to be named entity at $18 billion will rank in the top five for largest super funds in Australia, with scale advantages that could redefine the market.

Market wrap

AAP  |  TUESDAY, 14 FEB 2006
... The New Zealand sharemarket closed flat as a stellar performance from Fletcher Building outweighed the grey clouds circling top stock Telecom. The benchmark NZSX-50 gross index closed 0.17 of a point higher at 3,348.06, while the NZSX all capital index ...

Financial Standard latest edition - out now

... the future of planning. Kate Hage investigates the critical issues facing today's financial planners. Includes Rainmaker's top 100 adviser groups. Super fund focus: Skandia. Under the radar: MetLife. Managed fund focus: Absolute Alpha Strategic Fund. ...

Emerging market global inflows post all time high

... The biggest reported increase in inflows was seen by the JP Morgan International Equity Fund and an EAFE index fund. Of the top 10 funds receiving the most inflows, five of those were resources, gold and energy related funds. Japan equity funds received ...

ING walks the line: Number one for customer service

Of the top 10 wealth managers in Australia, ING crossed the line first in a survey of customer service satisfaction. In an AC Nielsen survey of the top 10 wealth managers (by customer share) canvassing 22,527 respondents over the second half of 2005 ...