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

Investment

Structured prod issuers must disclose risks: ASIC

MICHAEL HOBBS  |  FRIDAY, 23 JUL 2010
The regulator is recommending issuers of capital protected and other structured or derivative products to clearly explain any counterparty risk and the limitations of the strategies to retail investors.

Custom Solutions flows double in June qtr

MICHAEL HOBBS  |  FRIDAY, 23 JUL 2010
Flows to Commonwealth Bank's Custom Solutions platforms, which includes FirstWrap, more than doubled to $114 million during the June quarter.

Asia primed for investments

COMPANY RELEASE  |  FRIDAY, 23 JUL 2010
The oversold Euro, market valuations that reflect lowered expectations, and an expected gradual decline in volatility currently make Asia one of the best investment hot spots for Aussie investors, said Seres Asset Management.

Ambassador wins Copper Rock mandate in Oz

COMPANY RELEASE  |  THURSDAY, 22 JUL 2010
Ambassador Funds Management Services has entered into an arrangement to represent US-based manager, Copper Rock Capital Partners, in Australia and New Zealand.

Frozen fund investors get $36m settlement

COMMERCE COMMISSION RELEASE  |  THURSDAY, 22 JUL 2010
New Zealand investors in two frozen funds by ANZ and ING (NZ) stand to benefit from a $36 million (NZ$45 million) settlement fund arranged by the regulator after both funds breached marketing material compliance rules.

INGIM global emerging markets fund under new team

MICHAEL HOBBS  |  WEDNESDAY, 21 JUL 2010
Standard & Poor's Fund Services has placed the ING Global Emerging Markets fund 'on hold' after the fund manager created an internal boutique to manage the funds.

NAB to deepen custody partnership with BNY Mellon

MICHAEL HOBBS  |  WEDNESDAY, 21 JUL 2010
National Australia Bank (NAB) Asset Servicing is negotiating with BNY Mellon Asset Servicing to extend its existing relationship and provide more global custody services to clients.

IFSA members approve name change, new focus

MICHAEL HOBBS  |  TUESDAY, 20 JUL 2010
Colonial First State Investments, AMP, ING Australia were among the big finance firms that backed the Investment & Financial Service Association's new strategy.

Insync targets consumer and healthcare stocks

PRESS RELEASE  |  TUESDAY, 20 JUL 2010
High conviction fund manager Insync is investing in more consumer discretionary and healthcare stocks to deliver returns in the coming year.

SSgA cuts securities lending on fixed income funds

RUTH LIEW  |  TUESDAY, 20 JUL 2010
State Street Global Advisors has discontinued its securities lending program for a range of UCITS fixed income funds.