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General

"Watch out for fixed interest risks": ASIC warns investors

The Australian Securities and Investments Commission (ASIC) has warned investors to watch out for the different levels of risk attached to fixed interest investments...

Value outperforms growth, but no time to switch: Mercer

The profound impact of investment styles on returns over the past three years has again been highlighted...

Credit Suisse launches Asia ex-Japan fund

Credit Suisse Asset Management (Australia) has expanded its Asian equities offering by launching an Asia ex-Japan fund for Australian investors...

Midday market wrap: Promina breaks $2.00, AMP edges lower

Shares in newly-listed Promina traded above the $2.00 mark in the morning session...

AMP Life to appeal Takeovers Panel decision

AMP Life has launched an appeal with the Takeovers Panel after it ruled in favour of Centro Properties in relation to Centro’s bid for the AMP Shopping Centre Trust (ART)...

Lend Lease sells HCI arm for $159 million

The US Lend Lease Corporation has announced that it has entered into an agreement with Municipal Mortgage & Equity, LLC (MuniMae) for the US$102 million (A$159 million) sale...

Crean comes out firing on super, corporate governance

Labor’s Simon Crean has outlined a series of measures to tighten rules on corporate governance and attacked the Government’s superannuation tax policy...

Hongkong Electric chooses State Street for $461 million mandate

State Street has been appointed to provide global custody, fund accounting and performance measurement for $461.55 million in assets...

Macquarie appoints Principal's Lethwaite to funds management team

Macquarie has unveiled two new faces in its funds management team, appointing Brett Lethwaite as new product manager for Cash and Australian Fixed Interest...

Morning market wrap: US shares recover after two weaker days

Shares in the US reversed two consecutive days of losses...