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FEATURE: Bulldozing the infrastructure roadblocks

JAMES FERNYHOUGH  |  FRIDAY, 6 JUN 2014
In May, Prime Minister Tony Abbott made good on his promise to be an 'infrastructure prime minister', dedicating billions of dollars to infrastructure development in the budget. But is this enough to get the bulldozers bulldozing? James Fernyhough takes ...

Investors return to active global equities managers

MARK SMITH  |  FRIDAY, 6 JUN 2014
Active managers in the global equities space are back in favour following an extended period of outflows, according to Fidelity portfolio manager Amit Lodha. Between 2008 and 2012, active global equity funds saw net outflows of US$825 billion (A$870 ...

Everything but the kitchen sink

BENJAMIN ONG  |  FRIDAY, 6 JUN 2014
Take that... and that... and that! Yes, Virginia, the European Central Bank (ECB) didn't disappoint market expectations - heavens forbid if it did - and acted, giving it all it's got, except for the proverbial kitchen sink (this it reserves for later). ...

PROFILE: Invesco CEO Martin Franc

MARK SMITH  |  THURSDAY, 5 JUN 2014
Tasked with bridging the connectivity gap between Invesco's investment capability and the broad Australian institutional market, chief executive Martin Franc outlines his strategic vision for the fund manager and tells Mark Smith why he's the perfect ...

Super sector eyes Qld ports and generators

JAMES FERNYHOUGH  |  THURSDAY, 5 JUN 2014
The superannuation sector has welcomed the Queensland government's plan to sell $33.6 billion worth of infrastructure assets, announced in a draft proposal released with the budget on Tuesday. The report flags a number of assets for sale or long-term ...

'Weaven model' would get best infra deals: IFM

JAMES FERNYHOUGH  |  THURSDAY, 5 JUN 2014
Infrastructure projects would get better deals on debt finance, construction and facilities management under the inverted bid model recommended by Industry Super Australia (ISA), according to IFM Investors executive director, debt investments Scott ...

Market wrap

AAP  |  WEDNESDAY, 4 JUN 2014
The Australian share market is trading lower despite better-than-expected headline economic growth figures. The March quarter national accounts released on Wednesday showed the economy expanded by a solid 1.1 per cent, lifting the annual rate to 3.5 ...

Majority of Australians say 'no' to fossil fuel investment

JAMES FERNYHOUGH  |  WEDNESDAY, 4 JUN 2014
The vast majority of Australians do not like the idea that their superannuation is invested in fossil fuels, a new survey has found. According to the report, 67% of Australians would choose a superannuation fund that does not invest in fossil fuels ...

AusSuper grants London property mandate

JAMES FERNYHOUGH  |  WEDNESDAY, 4 JUN 2014
AustralianSuper has appointed TIAA Henderson Real Estate (TH Real Estate) to manage its London office property investment strategy. TH Real Estate, which is 60% owned by TIAA-CREF and 40% by Henderson Global Investors, already manages AustralianSuper's ...

Waiting for the ECB to exhale

BENJAMIN ONG  |  WEDNESDAY, 4 JUN 2014
Push has now come to shove. Yes Virginia, freshly-released data on the state of inflation and unemployment may have just done it - that is, remove whatever doubts linger that Super Mario's coming back to save the eurozone. The European Central Bank ...