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

Investment

ANZ wealth income doubles

MICHAEL HOBBS  |  FRIDAY, 30 APR 2010
ANZ Bank's wealth income has more than doubled to $420 million as the ING Australia business slots into the bank.

Instos switch $100bn mandates

MICHELLE BALTAZAR  |  THURSDAY, 29 APR 2010
More than $100 billion of assets changed hands last year as institutional investors dump poor performing fund managers, re-negotiate fees and exploit asset class-specific opportunities, a new report found.

HSBC funds now on IOOF platforms

COMPANY RELEASE  |  THURSDAY, 29 APR 2010
Financial planners can now access the HSBC GH Diversified Strategy Fund and HSBC Asia Select Equity Fund through IOOF's investment platforms, including Pursuit Select.

Directors disqualified for 20 years

ASIC RELEASE  |  THURSDAY, 29 APR 2010
ASIC has disqualified six directors in the last three months from managing corporations for a combined 20 years, following their involvement in failed companies.

Don't put all eggs in China basket: Gonzalez

MICHAEL HOBBS  |  THURSDAY, 29 APR 2010
Emilio Gonzalez, chief executive at BT Investment Management (BT IM), is worried investors are placing too much emphasis on China's growth, which could have a significant impact on portfolios if the bet doesn't pay off.

Trust advocates long-term staff incentives

MICHELLE BALTAZAR  |  WEDNESDAY, 28 APR 2010
Listed financial services group Trust hopes to take its 125-year-old operations into the next century through a staff incentive program that is better aligned with long-term shareholder and client interests.

ING Australia reviews ING IM mandates

MICHAEL HOBBS  |  WEDNESDAY, 28 APR 2010
ING Australia (INGA) is reviewing the firm's investment mandates with ING Investment Management as part of a broader asset management strategy review following the ANZ/INGA merger.

Green shoots for unlisted investments

ALEX DUNNIN  |  WEDNESDAY, 28 APR 2010
Unlisted investments may be entering the first stages of their recovery following a rise in global private equity fund raisings and surge in infrastructure investment placements, research found.

ASX companies fall short on corruption disclosure

MICHAEL HOBBS  |  WEDNESDAY, 28 APR 2010
Australian-listed companies are not properly addressing potential corruption and bribery issues of their employees, a study revealed, amid one of Australia's biggest mining company's being forced to defend itself against corruption allegations.

AMP Cap add resources as fund placed 'on hold'

PRESS RELEASES  |  WEDNESDAY, 28 APR 2010
AMP Capital Investors has appointed a portfolio manager and portfolio analyst within the Sustainable Alpha Australian Equities team as a ratings firm placed one of its fund's 'on hold' following the departure of a key researcher.