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Investment

MLC adds nine inv options to super product

LINDA HAUSKEN  |  THURSDAY, 18 OCT 2012
MLC has added nine investment options to its MasterKey Business Super product to improve the offer for its members and advisers.

Macquarie in bid for Robeco: Report

MARK STORY  |  THURSDAY, 18 OCT 2012
Rabobank's Robeco unit is expected to be sold later this month, and if recent reports by Reuters are correct, Macquarie Group and Japanese finance company ORIX Corp are now among the contenders.

Economic indicators defy equities upside: Schroders

MARK SMITH  |  WEDNESDAY, 17 OCT 2012
Equities remain an attractive investment despite a dismal global growth forecast, an over-inflated Aussie dollar and unprecedented levels of developed world government debt, according to Schroders' Andrew Fleming.

State Street profits up 23% on Lehman wind up

MARK SMITH  |  WEDNESDAY, 17 OCT 2012
State Street, one of the world's largest providers of financial services, has announced a 23% rise in third quarter profits despite a slight fall in revenue, bolstered by claims linked to the Lehman Brothers' bankruptcy.

CFSGAM bullish on listed infrastructure

LINDA HAUSKEN  |  WEDNESDAY, 17 OCT 2012
Investors are encouraged to put their money in listed infrastructure as it offers a higher rate of returns than bonds and cash in the current low growth economic environment, according to Colonial First State Global Asset Management (CFSGAM).

Barclays cops $80,000 fine

LINDA HAUSKEN  |  TUESDAY, 16 OCT 2012
Barclays Bank has been fined by ASIC for breaching the corporations Act and withdrawing $13.8 million of client segregated accounts money without authorisation.

Countplus partners with Hood Sweeny

LINDA HAUSKEN  |  TUESDAY, 16 OCT 2012
ASX-listed Countplus has acquired a 25% stake in South Australian based professional services firm Hood Sweeny.

QE results in currency wars

LINDA HAUSKEN  |  TUESDAY, 16 OCT 2012
Investors should expect greater volatility in foreign exchange markets as the 'beggar thy neighbour' approach of quantitative easing across the developed world triggers economic, political and social consequences for developing economies, according to ...

Public pension deficit exceeds $1trn

MARK SMITH  |  TUESDAY, 16 OCT 2012
The 100 largest US-based public pensions face a funding deficit of $1.2 trillion, $300 billion more than the pension providers have reported themselves, according to a new study by Milliman.

Investors must push for PE transparency

MARK SMITH  |  TUESDAY, 16 OCT 2012
Investors must mount pressure on fund managers if they want to see an improvement in private equity transparency, according to Hamilton Lane's managing director Tara Blackburn.