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General

ICI announces $161 billion in combined US ETF assets for March

US investment industry association, Investment Company Institute (ICI) has announced a March US$100.83 billion (A$161 billion) asset total for US exchange-traded funds (ETFs), an overall increase of US$8 billion...

WRF to launch Tasmanian blue gums offering

WRF Capital is to launch an investment product in Tasmanian blue gum trees on Kangaroo Island in a bid to take advantage of the burgeoning trade in carbon credits, it has announced...

Morningstar gives three-stars to HSBC small caps

Morningstar has given a three-star rating to HSBC Asset Management’s small caps management, citing “a lack of dedicated small cap personnel” as its “primary weakness”...

ASIC amends employee share scheme policy

The Australian Securities and Investments Commission (ASIC) today released an update of policy statement 49, Employee Share Schemes, with the amendments...

News Corp and Telecom Italia in $871 million TV station merger

New Corporation and Telecom Italia today completed the $871 million acquisition of  Vivendi Universal’s Telepiu satellite pay TV platform in Italy...

OECD calls for greater investment, international cooperation

A greater emphasis on domestic and foreign investment has been deemed vital for financing economic development globally, according to New Zealand Prime Minister Helen Clark in her summary as chair of the ministerial council meeting of the 30-member ...

CSF to offer wider, defensive investment options

The Catholic Superannuation Fund (CSF) today announced that it will be expanding the available investment choices to its members, with a strong accent...

Agribusiness confidence up as drought abates: NAB

The abating drought and ensuing rains have helped the agribusiness industry gain significant confidence for the March 2003 quarter, as reported by National Australia Bank's (NAB) latest agribusiness quarterly survey....

FTI launches global bond fund to Australian,New Zealand investors

Fiduciary Trust International (FTI) has announced the launch of the Fiduciary Global Bond Fund, available to Australian and New Zealand investors through its Australian-domiciled trust...

IFSA acts to tighten fund manager voting policy

The Investment and Financial Services Association (IFSA) has released a revamped Standard Investment Management Agreement (SIMA) obliging fund managers to provide superannuation trustees with records of their voting policies...