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Investment

NAB sells stake in fund manager

KANIKA SOOD  |  MONDAY, 2 SEP 2019
NAB Asset Management sold down its minority stake in a global equities fund manager but will continue to distribute the strategy down under.

VanEck restructures three ETFs

KANIKA SOOD  |  MONDAY, 2 SEP 2019
VanEck is changing the domicile of three ETFs to cut out US tax forms for investors and to introduce dividend reinvestment plans.

Publisher slammed for Future Fund claim

HARRISON WORLEY  |  MONDAY, 2 SEP 2019
A publishing house that claimed investors could mimic the performance of the Future Fund has been slapped with a $600,000 fine by the Federal Court.

Ironbark acquires firm, eyes instos

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
Ironbark Asset Management has acquired a funds management servicing firm, as it aims to expand into the institutional market.

Melbourne boutique winds down funds

KANIKA SOOD  |  FRIDAY, 30 AUG 2019
An Aussie equities boutique founded by Citigroup Australia's former equities heads is winding down its funds after its family office backer withdrew support.

South Australia appoints VC trustee

HARRISON WORLEY  |  FRIDAY, 30 AUG 2019
The South Australian government appointed a trustee to take care of the state's venture capital fund while it searches for a new manager.

Hejaz climbs Islamic fund ladder

KRISTI CHENG  |  THURSDAY, 29 AUG 2019
Hejaz Financial Services announced its flagship fund, the Global Ethical Fund, has outperformed Australia's other Islamic investment funds during FY19.

Whitehelm launches infrastructure fund locally

HARRISON WORLEY  |  THURSDAY, 29 AUG 2019
The $4.9 billion investment manager launched an Australian-domiciled version of its global infrastructure fund.

Melbourne firm expands in US

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
A Melbourne alternative investments firm is establishing a US asset management business in partnership with a New York-based team

Manager vacancy at $50m fund

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
A $50 million fund set up by the South Australian government has started the search for a new investment manager to replace a Blue Sky subsidiary.