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Investment

Adelaide fund manager adds to board

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
An Adelaide fund manager has added a former federal treasury analyst to its board.

New property fund launched

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Eildon Asset Management (EAM) has announced the launch of the EAM Elara Village Property Fund; an unlisted seven year, fixed term direct property fund.

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
A listed investment company with a 33-year history has announced its board will now undertake a strategic review of the fund's structure and operations, after an extended period of poor returns.

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
Two of Australia's big four banks face shareholder resolutions as a result of increased exposure to fossil fuels.

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
Despite growing demand for it, Australia's superannuation funds are dragging their feet when it comes to portfolio holdings disclosure.

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
The investing giant will wind up mandates with 12 local institutional investors, as it pivots away from the lower-fee business line to retail, adviser and its in-house super offering.

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
AMP has suffered a further blow this week, after Moody's downgraded its ratings of the embattled wealth management giant.

Multi-strategy fund launches

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
A boutique Australian investment manager has launched a fund that uses sophisticated quantitative and foreign-exchange trading strategies.

Less might be more in ESG

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
A new study from Institutional Shareholder Services (ISS) has revealed companies which received a single ESG-related shareholder proposal had a higher median sustainability improvement compared to those with many proposals.

Waislitz pokes holes in OneVue bid

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
Alex Waislitz is running a fine-toothed comb over the independent valuation OneVue board cited in endorsing Iress's 43 cents per share bid to acquire the company.