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Investment

APN launches new property fund

MARK SMITH  |  TUESDAY, 19 FEB 2013
APN Property Group has launched a new unlisted, six-year, fixed term property fund called the APN 541 St Kilda Road Fund.

CalPERS cry foul play, backs lawsuit

MICHELLE BALTAZAR  |  TUESDAY, 19 FEB 2013
The largest public pension fund in the US, CalPERS, has expressed its support for the US government's civil lawsuit against credit rating agency Standard & Poor's Rating Services.

Van Eyk warns against New Year financial predictions

LAURA MILLAN  |  TUESDAY, 19 FEB 2013
Van Eyk head of Strategic Research Jonathan Ramsay warned financial advisers and investors against New Year financial predictions and asked them to "think carefully before acting on the latest round of New Year predictions for economies and markets."

Oil price spike won't spoil Aussie equity party

MARK SMITH  |  MONDAY, 18 FEB 2013
While the rising oil price might make some investors worry about the sustainability of the global economy, Perpetual Investment's head of investment market research, Matt Sherwood, says Australian businesses should be more insulated.

Quality of Spain and Poland belies credit rating

MARK SMITH  |  MONDAY, 18 FEB 2013
Poland, Chile and Spain look a better bet than the US and UK for institutional investors' sovereign debt portfolios, according to a new research report from AXA Investment Management.

Water scarcity a factor for resource fund managers

LAURA MILLAN  |  MONDAY, 18 FEB 2013
Investors need to take into account resource scarcity when investing, Tyndall AM head of Real Assets Richard Lourey said, commenting on a report about water scarcity released by Moody's last Friday.

ANZ reports 6.2% cash profit rise

MARK SMITH  |  FRIDAY, 15 FEB 2013
ANZ has reported a first quarter cash profit of $1.53 billion, up 6.2% on the same period last year.

Simple diversification better than 'smart beta'

BEN COLLINS  |  FRIDAY, 15 FEB 2013
keep your investments diverse and stay the course. That is the advice from Vanguard's chief economist in Europe, on the best way to design portfolios to adapt to the economics woes gripping the euro zone.

Still time to register for FICAP

STAFF JOURNALIST  |  FRIDAY, 15 FEB 2013
There is still plenty of time for sponsors to sign up to the Financial Industry Community Aid Program (FICAP)'s industry wide event Who wants to be a RockStar?

CBA wealth division posts strong rise in profits

MARK SMITH  |  THURSDAY, 14 FEB 2013
Commonwealth Bank's wealth management arm has posted a net after tax profit of $334 million, its half-year result shows.