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Investment

2013 a turning point for world economy: Clime

MARK SMITH  |  THURSDAY, 24 JAN 2013
Significant improvements in each of the world's most anxiously watched markets have prompted a dramatic lift in investor sentiment, and could signal a major turning point for the global economy, according to Clime chief investment officer John Abernathy.

There's no bubble in bond markets: Tyndall AM

MARK SMITH  |  THURSDAY, 24 JAN 2013
Tyndall Asset Management head of fixed income Roger Bridges has stressed that there is definitely not a bubble forming in the bond market.

MLC launches advice service for uber wealthy

MARK SMITH  |  WEDNESDAY, 23 JAN 2013
MLC has launched a new consulting service for ultra high net worth and smaller institutional investors, aimed at offering the sophisticated and tailored services those clients need.

New boss at Credit Suisse Australia

BEN COLLINS  |  WEDNESDAY, 23 JAN 2013
Credit Suisse has named current co-head of investment banking Rob Stewart as chief executive officer of its Australian operations.

Sex discrimination rife: eFinancialCareers

BEN COLLINS  |  TUESDAY, 22 JAN 2013
Employment services provider eFinancialCareers had said after a survey that nearly two thirds of Australian finance professionals think gender discrimination takes place in the industry.

Planners praised for guiding investors into fixed income

MARK SMITH  |  TUESDAY, 22 JAN 2013
The wall of cash built up in the wake of the GFC is showing signs of crumbling as fixed income see dramatic inflows off the back of changing fundamentals and the hard work of financial planners, according to PIMCO and Equity Trustees (EQT).

AMP Capital to tempt investors out of cash and TDs

MARK SMITH  |  TUESDAY, 22 JAN 2013
AMP Capital has targeted the mountain of money piled in cash and term deposits with a new consumer website with which it hopes to motivate investor behaviour.

ANZ opens new branch in China

MARK SMITH  |  MONDAY, 21 JAN 2013
ANZ has continued its expansion into Asia by opening a new branch in Hangzhou, it was announced today.

Search for yield to become more acute: Fidelity

BEN COLLINS  |  MONDAY, 21 JAN 2013
The search for income will only grow in importance over the next decade, as traditional sources dry up in line with lower interest rates and bond yields, a new Fidelity Worldwide Investment survey reveals.

US pension fund pulls gun investments

MARK SMITH  |  MONDAY, 21 JAN 2013
California State Teachers Association Retirement System (Calstrs), a $154 billion US pension fund, looks set to pull its investments in gun manufacturers in light of the recent mass shooting at Sandy Hook.