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Investment

M&G sets up shop down under

KRISTI CHENG  |  THURSDAY, 22 AUG 2019
London-headquartered M&G Investments opened the doors to its first Australian offices.

Perpetual profits dip, investments down 29%

KANIKA SOOD  |  THURSDAY, 22 AUG 2019
Perpetual reported 17% lower net profit after tax of $115.9 million for the year ending June, as its value-style funds underperformed and had to hand back institutional money.

Best online brokers revealed

ELIZABETH MCARTHUR  |  THURSDAY, 22 AUG 2019
New research from Investment Trends has revealed the online brokers with the most satisfied customers in Australia.

Sean Fenton back with Sage Capital

KANIKA SOOD  |  WEDNESDAY, 21 AUG 2019
The well-known fund manager is back with two Aussie equities strategies totaling $3 billion in capacity at his new boutique, after resigning from the Tribeca Alpha Plus fund earlier in the year.

UniSuper scolds Aussie equity fundies

KANIKA SOOD  |  WEDNESDAY, 21 AUG 2019
The $80 billion superannuation fund had some strong words for its external Aussie equities managers, saying their general underperformance was a "real disappointment" for the year.

Montgomery to launch small company fund

HARRISON WORLEY  |  WEDNESDAY, 21 AUG 2019
Montgomery Investment Management will launch a small companies fund in a joint venture with fund managers Gary Rollo and Dominic Rose.

MLC shuts down $28m fund

KANIKA SOOD  |  TUESDAY, 20 AUG 2019
MLC has shut down an international equities fund as it faced the prospect of increasing management fees on the relatively small funds under management.

Charles Schwab reverses out of Australia again

KANIKA SOOD  |  MONDAY, 19 AUG 2019
The American investing giant is shutting down its Sydney office less than two years after it came back to Australia for round two, according to a letter sent to investors.

Government fund seeks investment manager

KANIKA SOOD  |  FRIDAY, 16 AUG 2019
A $2 billion fund created by the government is on the lookout for an investment manager.

Short-seller targets infant formula importer

ELIZABETH MCARTHUR  |  FRIDAY, 16 AUG 2019
Short-seller Blue Orca is targeting an importer of infant formula from Australia for falsely claiming its products are safe for lactose intolerant babies.