Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Investment

Alt assets fund deals with adviser concerns

ELISE BURGESS  |  FRIDAY, 24 JUN 2011
Advance Asset Management wants to erase the bad reputation alternative strategies garnered during the GFC, launching a new fund with liquidity and efficiency to combat all those who got the space 'wrong'.

Currency Forum to pose big questions

MATT WOODINGTON  |  THURSDAY, 23 JUN 2011
Financial Standard will be hosting the Currency Management Forum 2011 in Sydney on June 28 with expert analysis on the impact of currency trades on the state of the economy and investor returns.

Trafford-Walker takes new role after securing CEO

MATT WOODINGTON  |  THURSDAY, 23 JUN 2011
Three months after telling Financial Standard that it was looking to appoint a chief executive, Australia's second-largest asset consultant, Frontier, has secured Damian Moloney for the plum role. Managing director Fiona Trafford-Walker will take on ...

Perpetual transitions team around Sevior

ELISE BURGESS  |  THURSDAY, 23 JUN 2011
Soon-to-depart star fund manager, John Sevior, may not return to his original role but instead could explore new boutique fund options within the Perpetual organisation, upon his anticipated return from long service leave.

Trust Company benefiting from global flows

MATT WOODINGTON  |  WEDNESDAY, 22 JUN 2011
The Trust Company is increasing its footprint as a trustee in Asia, winning new bond mandates while also seeing inbound investment flows from Canada and Europe.

Sevior departure rated as permanent

ELISE BURGESS  |  WEDNESDAY, 22 JUN 2011
Morningstar has downgraded Perpetual's Concentrated Equity fund to 'Investment Grade' after meeting with the mega-fund manager but not convinced that its star player, John Sevior, will return from long service leave.

Three Aberdeen Fixed Income Funds 'On Hold': S&P

RACHEL DAVIS  |  WEDNESDAY, 22 JUN 2011
Due to the resignation of Stuart Gray, portfolio manager in Aberdeen's Asset Management Australian fixed income team, Standard and Poor's (S&P) has placed three Aberdeen funds 'On Hold'.

Advisers turn from managed funds to ETFs: BetaShares

ALISON BEVEGE  |  WEDNESDAY, 22 JUN 2011
The rise of exchange traded funds (ETF) is putting pressure on active fund managers and attracting financial advisers, according to a new ETF report released today.

No change to Korea, Taiwan status: MSCI

ALISON BEVEGE  |  WEDNESDAY, 22 JUN 2011
Fund managers will not need to rebalance their investment weightings as global index provider MSCI today announced it would not upgrade South Korea and Taiwan from emerging market to developed market status.

AMP gives $2.8 billion to two new managers

ALISON BEVEGE  |  WEDNESDAY, 22 JUN 2011
AMP Capital has diversified its $5 billion Enhanced Index International Shares Fund by re-allocating $2.8 billion to two new managers.