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Investment

Alternative funds delivering: van Eyk

BEN COLLINS  |  THURSDAY, 7 FEB 2013
Research house van Eyk said yesterday that the better alternative investments funds are successfully protecting investors from falls in equity markets and diversifying portfolios.

No end in sight for ASX rally: InStreet

MARK SMITH  |  THURSDAY, 7 FEB 2013
There is enough power in the market for the rally to reach a fresh record high, according to InStreet Investment's managing director George Lucas.

CBA to snare DIY investors with MyWealth platform

MARK SMITH  |  THURSDAY, 7 FEB 2013
Commonwealth Bank yesterday launched MyWealth, a new platform which attempts to attract the three million Australian do-it-yourself investors to trade shares, ETFs and fixed interest investments online.

New claimants join class action against CBA

MARK STORY  |  THURSDAY, 7 FEB 2013
New claimants will participate in a class action brought against the Commonwealth Bank of Australia over the sale of complex debt instruments by Gloucester Shire Council in NSW and self-managed superannuation fund Clurname in the Federal Court last year.

Future Fund returns 12.8% for 2012

BEN COLLINS  |  WEDNESDAY, 6 FEB 2013
Improving global investment markets helped Australia's Future Fund gain more than $9 billion in 2012.

Certitude wins three new mandates

MARK SMITH  |  WEDNESDAY, 6 FEB 2013
Certitude Global Investments has won three new mandates worth $120 million for its international funds, it was announced today.

KiwiSaver up 36% to A$12.2bn

ALEX DUNNIN  |  TUESDAY, 5 FEB 2013
KiwiSaver combined funds under management reached A$12.2 bn at end December last year after posting annual growth of 36%, more than twice the growth rate experienced by Australian super funds.

EM fund manager Esemplia explains turnaround plans

BEN COLLINS  |  MONDAY, 4 FEB 2013
Emerging markets fund manager Esemplia last week visited Australian clients to outline its new approach.

NAB Asset Servicing awarded new contracts

MARK STORY  |  MONDAY, 4 FEB 2013
National Australia Bank's Asset Servicing business has been awarded the contracts to provide custodial and administrative services to investment manager Atrium Investment Management, and custodial services to Fitzpatricks Private Wealth.

Australia CEO axed in Russell restructure

BEN COLLINS  |  FRIDAY, 1 FEB 2013
Russell Investments' Australia chief executive Chris Corneil has been let go, following the departure of several key executives who have also left in recent months.