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Investment

Pension fund eyes Fairfax Media

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2017
A Canadian pension fund has made a play at acquiring selected Fairfax Media assets, joining forces with private equity firm TPG as part of an investment consortium.

Macquarie boosts AUM, earnings flat

KARREN VERGARA  |  FRIDAY, 5 MAY 2017
Assets under management on Macquarie Group's investment platform jumped 24% to $72.2 billion in the 12 months to March, recently released financial results show.

Beware the volatility trap: AB

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2017
Disregarding benchmarks through an upside/downside capture strategy can help investors manage volatility risk while still achieving healthy returns.

ANZ and ETFS cut ties

ALEX BURKE  |  THURSDAY, 4 MAY 2017
ANZ ETFS is no more as the rapidly-downsizing bank decided to end its joint venture with ETF Securities, creating a separate business in the process.

NAB Wealth growth steady

KARREN VERGARA  |  THURSDAY, 4 MAY 2017
National Australia Bank's wealth business reported modest growth in the half year to March, while finalising the sale of its life insurance business contributed significantly to the group's bottom line.

AllianceBernstein sees global leadership shake-up

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
AllianceBernstein abruptly overhauled its global leadership team, replacing its chief executive and appointing three new directors.

Future of ANZ Wealth uncertain amid profit slide

ALEX BURKE  |  WEDNESDAY, 3 MAY 2017
ANZ Wealth's profit share in the bank's overall results continued to decline in the first half of FY17, underscoring six months of speculation as to the division's future.

Ausbil MicroCap suspends applications and redemptions

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2017
Ausbil's star MicroCap Fund suspended all applications and redemptions following the departure of its portfolio managers.

Investors paying more for less: Research

ALEX BURKE  |  TUESDAY, 2 MAY 2017
UK wealth management research group LCP's recent survey of 126 asset managers suggests while fee rates are down, investors are still paying more.

State Street services over half of global ETF assets

EMMA RAPAPORT  |  MONDAY, 1 MAY 2017
State Street has announced that global ETF assets under its administration have exceeded US$2 trillion.