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Investment

VanEck launches floating rate ETF

ALEX BURKE  |  TUESDAY, 20 JUN 2017
VanEck is launching a new floating rate exchange-traded fund on the ASX.

PAC secures $33m in insto capital

ALEX BURKE  |  MONDAY, 19 JUN 2017
Pacific Current Group (PAC) successfully completed an institutional placement of $33 million partly to repay debts stemming from the acquisition of a US boutique.

Millennials choosing stock market over housing market

JAMIE WILLIAMSON  |  MONDAY, 19 JUN 2017
As the prospect of owning their own home becomes less of a reality, millennials are turning to the stock market to invest and build their wealth.

Link rebrands managed fund admin subsidiary

JAMIE WILLIAMSON  |  MONDAY, 19 JUN 2017
Link Group has rebranded the $43 billion managed fund administrator it acquired last year.

Equity Trustees appointed RE to multinational group

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
Equity Trustees will be the new responsible entity for a multinational financial services group operating in Australia which recently launched two equity funds.

Centuria consolidates funds

KARREN VERGARA  |  THURSDAY, 15 JUN 2017
Two of Centuria's listed property trusts will merge to create a $600 million fund aiming to be "the largest metropolitan office-focused REIT on the ASX."

Acorns adds ESG investment option

KARREN VERGARA  |  THURSDAY, 15 JUN 2017
Users of fractional investing app Acorns now have the option to apply environmental, social and corporate governance standards to investments.

Baby boomers lag on retirement planning

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2017
With investors becoming increasingly aware the responsibility to fund their retirement will ultimately fall on their shoulders, baby boomers could learn a thing or two from younger generations.

Grant Samuel finalises fifth partnership

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2017
Grant Samuel Funds Management formed a new partnership with a Melbourne-based global equities manager.

Queensland continues venture capital commitment

DARREN SNYDER  |  WEDNESDAY, 14 JUN 2017
The Queensland Government is spending a further $11 million on venture capital investment via its Business Development Fund, as announced in the state's 2017-18 Budget.