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Investment

ANZ splits OnePath businesses, revamps life insurance team

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
ANZ will divest OnePath's pension and investments and four aligned dealer groups to IOOF Holdings for $975 million; and it announced several senior internal appointments in retaining its life insurance business.

Praemium grows SMA options

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2017
Praemium expanded its separately managed accounts offering, adding 16 new model portfolios.

EQT acquires stake in UK firm

KARREN VERGARA  |  FRIDAY, 13 OCT 2017
Equity Trustees announced it will acquire a large stake in a London-based funds services solutions company, marking its first step toward global expansion.

Women underrepresented in funds management: research

KARREN VERGARA  |  FRIDAY, 13 OCT 2017
Women comprise only 20% of the global alternative assets funds management industry, research from Preqin shows.

Alpha FM awards Indian equities mandate

ALEX BURKE  |  THURSDAY, 12 OCT 2017
An Indian equities boutique has won a mandate from Infocus Wealth Management multi-manager subsidiary Alpha Fund Managers.

Aberdeen LIC ousts portfolio manager

ALEX BURKE  |  THURSDAY, 12 OCT 2017
The board of Aberdeen Leaders Limited (ALR) will remove Aberdeen Asset Management as its investment manager, following a decision to internalise management functions.

Equity income boutique enters retail market

KARREN VERGARA  |  THURSDAY, 12 OCT 2017
A boutique global equity asset manager has partnered with Bennelong to launch its flagship fund to retail investors, having previously operated in the wholesale and institutional markets.

Rising star scores major absolute return mandate

ALEX BURKE  |  WEDNESDAY, 11 OCT 2017
An asset manager established in 2016 by Credit Suisse veterans has won an absolute return mandate shortly after receiving a superior rating from SQM Research.

Magellan soars past $1.5bn for massive IPO

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
Magellan's new listed investment trust (LIT) has raised $1.55 billion ahead of listing on the ASX next week - representing one of the largest IPOs for a listed investment vehicle.

Praemium continues record inflow streak

ALEX BURKE  |  TUESDAY, 10 OCT 2017
Praemium reported global inflows of $749 million for the September quarter - a new record, following on from the previous record quarter which followed Michael Ohanessian's reappointment as chief executive after a board spill in May.