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Investment

Commbank knew of potential Storm collapse: lawyers

BEN COLLINS  |  WEDNESDAY, 22 AUG 2012
Lawyers for victims of the Storm Financial collapse said they have uncovered a document which proves that the Commonwealth Bank knew investors would lose their money during the global financial crisis.

ACT prohibits guns & smokes

ALEX DUNNIN  |  TUESDAY, 21 AUG 2012
The ACT government will become the first government in Australia to specifically exclude its investment funds from investing into the tobacco and arms industries.

ILB manager Ardea launches new fund

BEN COLLINS  |  TUESDAY, 21 AUG 2012
Inflation linked bond manager Ardea Investment Management has launched a new fund, the Ardea Wholesale Inflation Plus Fund.

Market shocks likely: Advance Asset Management

BEN COLLINS  |  TUESDAY, 21 AUG 2012
Geo-political signals allude to a potential market shock in coming months, said Advance Asset Management.

Lonsec urges advisers to revisit EMs

BEN COLLINS  |  TUESDAY, 21 AUG 2012
After a "brutal" year for emerging market investors, things might be looking up, said research house Lonsec.

Instreet launches alternative

LINDA HAUSKEN  |  TUESDAY, 21 AUG 2012
Boutique investment manager, Instreet has launched the Instreet Link Alternative Manager DPA.

Write-down clouds Bendigo's 43% profit tumble

BEN COLLINS  |  MONDAY, 20 AUG 2012
Bendigo and Adelaide Bank will be running a tight ship, after announcing a 43% decline in full-year profit this morning.

Challenger attributes 20% profit growth to annuity/life

MELANIE TIMBRELL  |  MONDAY, 20 AUG 2012
Challenger Limited has announced a normalised net profit after tax (NPAT) of $297 million for FY12, up 20% on FY11 following record Life and retail annuity product sales.

New property securities head for CFSGAM

BEN COLLINS  |  MONDAY, 20 AUG 2012
Stephen Hayes has been appointed head of Colonial First State Global Asset Management (CFSGAM) property securities.

APA, HDF tug-o-war continues

BEN COLLINS  |  MONDAY, 20 AUG 2012
The tussle over Hastings Diversified Utilities Fund (HDF) continues, after the APA group again raised its bid for the infrastructure fund.