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Investment

Citigroup takes action on pay inequality

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2018
Citigroup will be the first US bank to begin disclosing wage data and adjusting employee salaries as part of a company-wide strategy to close the pay gap for women and minorities.

Diversification concerns see managed funds uptake

ALEX BURKE  |  TUESDAY, 16 JAN 2018
An increased appetite for portfolio diversification has seen investors increase their exposure to managed funds, according to Investment Trends research.

Macquarie Wrap SMAs accrue landmark FUM

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
In just three years Macquarie Wrap's separately managed accounts have amassed more than $1 billion in funds under administration.

AMP Capital adds key social infrastructure asset

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
AMP Capital acquired a 21% stake in a $1 billion dedicated cancer research and treatment facility on behalf of investors in its Community Infrastructure Fund.

International broker enters Aussie market

DARREN SNYDER  |  MONDAY, 15 JAN 2018
Japanese online broking platform Monex officially enters the Australian market today with intentions to target the self-managed superannuation fund and financial adviser markets.

Principal and CIMB strengthen asset management ties

DARREN SNYDER  |  MONDAY, 15 JAN 2018
US wealth manager Principal will increase its ownership in two Malaysian asset management groups as part of its strategy to bring more investment products to Southeast Asia.

Crowdfunding investment opportunity unleashed

EMMA RAPAPORT  |  FRIDAY, 12 JAN 2018
Small and medium enterprises will finally be able to raise funds from the general public in exchange for equity following the regulators issuance of the first batch of crowdfunding intermediary licences.

Centuria acquires Government headquarters

KARREN VERGARA  |  FRIDAY, 12 JAN 2018
Property group Centuria has acquired a building in Geelong and announced its chief executive of unlisted property funds will take on greater responsibilities following a management restructure late last year.

International automotive alliance launches new VC fund

ALEX BURKE  |  THURSDAY, 11 JAN 2018
The Renault-Nissan-Mitsubishi Alliance is launching a new corporate venture capital fund.

Global online trading firm rolls out bitcoin derivatives in Australia

ALEX BURKE  |  THURSDAY, 11 JAN 2018
A US-based global provider of online trading services is introducing its bitcoin offering to Australian retail and institutional investors.