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Investment

APRA issues final Basel III reforms

LINDA HAUSKEN  |  TUESDAY, 2 OCT 2012
The Australian Prudential Regulation Authority (APRA) has issued the long awaited final version of its new bank capital rules, known as Basel III, which are scheduled to come into full effect from next year.

Invesco acquires 49% stake in Religare

LINDA HAUSKEN  |  TUESDAY, 2 OCT 2012
Global investment management firm Invesco has acquired a 49% stake in the asset management arm of India-based Religare Enterprises.

ASIC releases proposed conflicted remuneration guidelines

BEN COLLINS  |  TUESDAY, 2 OCT 2012
ASIC has released proposed guidance on the conflicted remuneration ban, as part of the Future of Financial Advice (FOFA) reforms.

ANZ fined over futures contracts

BEN COLLINS  |  TUESDAY, 2 OCT 2012
ANZ was last week fined $US350,000 by commodity regulators in the United States, after exceeding speculative position limits in wheat and cotton futures contracts.

Credit Suisse fined by ASIC

MELANIE TIMBRELL  |  FRIDAY, 28 SEP 2012
Credit Suisse Equities has paid $52,000 to ASIC for interference in market integrity due to use of the wrong trading strategy in its automated order processing system.

NFL dispute over 401(k) touches down

ALEX DUNNIN  |  FRIDAY, 28 SEP 2012
A referee's lock-out dispute in the US over pay and whether NFL referees should be forced to join a 401(k) plan rather than be covered by the NFL pension plan is finally over.

Emerging market PE numbers on track

BEN COLLINS  |  FRIDAY, 28 SEP 2012
Emerging market private equity investments have held steady during the first six months of this year, despite trying market conditions.

BNP Paribas completes AMP/AXA funds transition

LINDA HAUSKEN  |  FRIDAY, 28 SEP 2012
BNP Paribas Securities Services has completed the transition of AXA Australia and New Zealand funds, following AMP's merger with AXA Asia Pacific Holdings last year.

Investment teams need more skin in game

MELANIE TIMBRELL  |  THURSDAY, 27 SEP 2012
Requiring employees and investment teams in institutions to have their own super money in funds put together for clients would help control agency risk, one research manager has argued.

Suncorp and Bendigo jump on hybrid demand

LINDA HAUSKEN  |  THURSDAY, 27 SEP 2012
Listed insurance company Suncorp is one of the latest to tap into investor demand for high yields with the launch of a $350 million Tier 1 hybrid offer this week.