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| | | Western Australia's biggest super fund, GESB, has reached the $10 billion mark in funds under management. GESB has experienced 107 per cent growth in the fund over the past five years, noted Michelle Dolin, chief executive of GESB. A major contributor ... |
| | | | Australian, Neil Harvey, has returned to Credit Suisse as managing director and head of Asia Pacific and head of emerging markets global for its asset management business after a stint in a number of other Asia Pacific firms. Harvey comes back to Credit ... |
| | | | Macquarie Group is eyeing Mexican infrastructure this new year, following the launch of a new infrastructure fund and winning $294 million in mandates from seven Mexican pension funds. In a press statement released late last week, Macquarie announced ... |
| | | | The Australian share market had slipped into negative territory at noon as wary investors took profits from banks and financial stocks ahead of earnings reports by US banking giants. At 1200 AEDT, the benchmark S&P/ASX200 index was down 32.1 points ... |
| | | | Research house van Eyk has signed a three-year contract with dealer firm Sentry Group, which has over $2 billion in funds under management. The deal gives Sentry's more than 185 practices, which encompass 330 financial advisers, access to iRate, van ... |
| | | | AUSCOAL Super has given a fixed interest mandate to Colonial First State Global Asset Management (CFS GAM) to invest funds in high-rated and secure cash investments. An AUSCOAL Super statement said the investment mandate is designed to make its cash ... |
| | | | The Australian share market has received generally positive leads overnight, with all three key Wall Street indices higher, along with precious metals and copper, although the price of crude oil fell again. At 0824 AEDT on the Sydney Futures Exchange ... |
| | | | Listed financial planning group Snowball buys a portfolio construction and funds management business, Officium Capital, as part of its umbrella strategy to prepare the business ahead of new regulation in the planning industry. Snowball Group has bought ... |
| | | | Perpetual caps the year with its third acquisition in private wealth, which takes the division's total funds under advice (FUA) to $8.5 billion. This week Perpetual bought Melbourne-based advisory firm Fordham Group for $35 million, a deal that is expected ... |
| | | | Goldman Sachs JBWere Asset Management's (GSJBW) Australian equities team continues to impress ratings houses after gaining another rating upgrade from Lonsec. Lonsec upgraded the GSJBW Australian equities portfolio from 'investment grade' to 'recommended'. ... |
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