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Investment

Neuberger Berman acquires $2.5 billion firm

ALEX BURKE  |  FRIDAY, 22 SEP 2017
An investment team presiding over $2.5 billion in client assets will join up with Neuberger Berman later this year.

European $1bn asset manager enters Australia

ALEX BURKE  |  THURSDAY, 21 SEP 2017
A European manager with more than $1 billion in assets has received a mandate to invest in the Australian market.

ASX healthcare firm denies disclosure breach

ALEX BURKE  |  THURSDAY, 21 SEP 2017
An ASX-listed healthcare firm, currently subject to a potential class action by shareholders which include major Australian asset managers, has complied with an ASIC infringement notice because it has "more important business priorities at this time."

Multi-asset strategy enters Aussie retail market

DARREN SNYDER  |  THURSDAY, 21 SEP 2017
The "institutionalisation" of financial advice dealer groups has attracted a London-based asset manager to open its multi-asset absolute return fund to Australian retail investors.

CBA mulls CFSGAM IPO, head of wealth departs

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
Commonwealth Bank announced its asset management arm, Colonial First State Global Asset Management, is undergoing a strategic review and could potentially list as a public company.

Global $11bn manager acquires US firm

ALEX BURKE  |  WEDNESDAY, 20 SEP 2017
A global manager with over $11 billion in assets under advisory and management, which operates in Australia via BNP Paribas Asset Management, has acquired a US firm for US$52.5 million.

Perpetual wins RE mandate with $620m manager

ALEX BURKE  |  WEDNESDAY, 20 SEP 2017
Perpetual Corporate Trust was appointed responsible entity for the retail offering from a $620 million fund manager.

Investec to take on Aussie ABL sector

JAMIE WILLIAMSON  |  WEDNESDAY, 20 SEP 2017
The Investec Group will enter the local asset-based lending (ABL) market, complementing its products already offered in Australia.

The trillion dollar pension fund

EMMA RAPAPORT  |  WEDNESDAY, 20 SEP 2017
On September 19 one of the world's largest pension funds hit US$1 trillion.

Platinum LIC reaps Asia rewards

ALEX BURKE  |  TUESDAY, 19 SEP 2017
The Platinum Asia Investments listed investment company saw strong investment gains of 20.21% in the 12 months to June 30.