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Investment

Australia better long-term bet than the US

MARK SMITH  |  THURSDAY, 21 FEB 2013
Smaller developed economies look far more attractive investment propositions than traditional global investment centres such as the US, Europe and Japan, according to BlackRock's global chief investment strategist Russ Koesterich.

Instos on verge of piling into Asian bonds

MARK SMITH  |  THURSDAY, 21 FEB 2013
Australian institutional bond investors are considering increasing their allocations to Asia Pacific, where record levels of bond issuance are broadening opportunities for diversification and relatively high returns.

ORIX acquires 90% of Robeco from Rabobank

LAURA MILLAN  |  WEDNESDAY, 20 FEB 2013
Japanese-based financial services group ORIX Corporation announced today the acquisition of 90.01 per cent of the equities in Robeco from Rabobank for around $2.5 billion.

State Street launches investment governance tool

LAURA MILLAN  |  WEDNESDAY, 20 FEB 2013
State Street Corporation has launched a series of investment analytics tools to help superannuation funds prepare for the Australian Prudential Regulation Authority (APRA) prudential standard SPS 530 on investment governance.

CFSGAM inflation plus fund targets post-retirement market

MARK SMITH  |  WEDNESDAY, 20 FEB 2013
Outcome-orientated investment approaches that target a specified return are well suited to clients in the post-retirement phase of their investment journey, according to CFSGAM's multi asset solutions team.

Industrial property funds draw SMSFs

LAURA MILLAN  |  WEDNESDAY, 20 FEB 2013
As the cash rate drops to three per cent, Self Managed Super Funds (SMSFs) are turning their attention towards the industrial property market in search for low-risk funds with higher-than-cash returns.

ETF market approached $7bn in January

LAURA MILLAN  |  WEDNESDAY, 20 FEB 2013
The Australian Exchange Traded Fund (ETF) market is approaching $7 billion in assets under management after the industry hit a record high of $6.8 billion at the end of January, according to BetaShares' ETF Review for January.

EU-wide ban on CDS pointless

MICHELLE BALTAZAR  |  WEDNESDAY, 20 FEB 2013
Academic research from Imperial College found that Credit Default Swap (CDS) spreads are a poor proxy for sovereign default risk, suggesting that the EU-wide ban on naked CDS positions is unlikely to achieve its aims.

Zenith maintains EQT rating after sudden loss of manager

LAURA MILLAN  |  WEDNESDAY, 20 FEB 2013
Zenith has retained its ratings on Equity Trustees (EQT) wholesale mortgage income fund following the sudden loss of its portfolio manager John Terlikar.

Rethinking the value of asset consultants

ALEX DUNNIN  |  TUESDAY, 19 FEB 2013
From being the facilitator and ideas generator, today's breed of asset consultants are fast morphing into self-contained institutional investment platforms.