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

Investment

OFG banks on bonds and property

RUTH LIEW  |  TUESDAY, 15 JUL 2008
Over Fifty Group (OFG) may be expecting an average loss of $3.66 million this year, but the fund manager is reviving its focus on its Friendly Society and Property Funds Management businesses to steer the firm to calmer waters.

Bennelong hires BNP as custodian

MICHAEL HOBBS  |  TUESDAY, 15 JUL 2008
Bennelong Funds Management appointed BNP Paribas Securities Services as its master custodian.

Russell and Mercer lead MM pack

MICHAEL HOBBS  |  TUESDAY, 15 JUL 2008
Lonsec's annual review of the multi manager sector resulted in only two of out of 16 managers achieving a 'highly recommended' rating.

FT snags $200m fixed income mandate

RUTH LIEW  |  MONDAY, 14 JUL 2008
Franklin Templeton Investments has been awarded a $200 million Global Aggregate fixed income mandate by Advance Asset Management Limited (Advance) %u2013 St. George Group's specialist investment management arm.

BOQ writes off franchise loans

WWW.THESHEET.COM  |  MONDAY, 14 JUL 2008
Most of the loans from Bank of Queensland to owner-operators of its franchised branches in Sydney appear to be impaired, and the bank appears to be increasingly willing to write off some of those loans.

Bennelong's new arm champions boutiques

RUTH LIEW  |  FRIDAY, 11 JUL 2008
Boutique firm Bennelong Funds Management gains serious clout when the two former joint head of equities at ING IM launches the fund's new Australian Equities division.

Back testing not enough

RUTH LIEW  |  FRIDAY, 11 JUL 2008
Historical back-testing can only get you so far - it's time to free investment managers to do what they do best when it comes to harvesting better returns.

NAB in talks to buy ABN AMRO

MICHAEL HOBBS  |  FRIDAY, 11 JUL 2008
National Australia Bank (NAB) is in discussions with the Royal Bank of Scotland (RBS) to purchase ABN AMRO Australia Holdings' investment banking and wholesale banking businesses in Australia and New Zealand.

Aviva outsources to S&P

MICHAEL HOBBS  |  THURSDAY, 10 JUL 2008
Aviva Australia's research division is outsourcing its investment fund research to Standard & Poor's Fund Services.

ING taps Ukraine insurance market

MICHAEL HOBBS  |  THURSDAY, 10 JUL 2008
ING Group extends its reach in Eastern Europe after receiving approval to provide its life insurance services in the Ukraine.