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Investment

Blue Sky profits underscore alternatives opportunity

ALEX BURKE  |  TUESDAY, 15 AUG 2017
Blue Sky Alternative Investments reported a 97% boost in statutory net profit after tax to $20.7 million in its annual results, an outcome managing director Robert Shand believes underpins the firm's value proposition to clients looking for opportunities ...

Annuity sales boost Challenger results

KARREN VERGARA  |  TUESDAY, 15 AUG 2017
Challenger's life segment continued to deliver in the 12 months to June as a result of the annuity provider diversifying its product range and expanding in to partnerships outside of Australia.

Hedging strategies protecting members' assets: NAB

KARREN VERGARA  |  TUESDAY, 15 AUG 2017
Superannuation funds are strategically using foreign exchange management to combat rapidly changing regulatory and market conditions and to protect members' assets, research from NAB shows.

IFM Investors continues global growth

JAMIE WILLIAMSON  |  TUESDAY, 15 AUG 2017
Institutional fund manager IFM Investors grew its funds under management by 33% over the year to 30 June 2017, now totaling $92.9 billion with 93% of its products and mandates outperforming their objectives.

Managed accounts growth delivers strong Praemium result

JAMIE WILLIAMSON  |  MONDAY, 14 AUG 2017
After a dramatic 12 months, a strategic focus on managed accounts and the increasing number of financial advisers embracing them has been cited as a key driver behind Praemium's FY2017 results.

Avoid the ETF trap: Bell Direct

EMMA RAPAPORT  |  FRIDAY, 11 AUG 2017
Online trading platform Bell Direct is warning investors to avoid the "ETF trap", as the move to passive strategies gains substantial pace and inflows reach all-time highs.

Macquarie and Canadian pension fund buy SA government asset

EMMA RAPAPORT  |  FRIDAY, 11 AUG 2017
The Land Services SA consortium, made up of Macquarie Infrastructure and Real Assets and one of Canada's largest pension investment managers, has secured South Australia's land services and lands titles office for $1.6 billion.

BlackRock takes majority stake in Australian solar farm

ALEX BURKE  |  FRIDAY, 11 AUG 2017
BlackRock Real Assets has acquired a majority interest in a Queensland solar energy project, representing one of Australia's largest solar portfolio financings to date.

Magellan officially ramps up retail offering

ALEX BURKE  |  THURSDAY, 10 AUG 2017
Alongside its annual results which report a slight dip in net profit, Magellan Financial Group officially highlighted its plan to launch an initial public offering for a new ASX-listed investment vehicle.

Fatigue and profit-based incentives driving risk culture

JAMIE WILLIAMSON  |  THURSDAY, 10 AUG 2017
Unreasonable levels of work and a need for greater automation of processes could be to blame for heightened risk culture in the financial services sector, according to FINSIA.