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Investment

Investment manager announces takeover offer

DARREN SNYDER  |  FRIDAY, 12 AUG 2016
Mercantile Investment Company subsidiary, Mercantile OFM, is working through a proposed takeover of shipping services firm Richfield International.

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 12 AUG 2016
Australian inflation expectations ease; RBNZ cuts rates and promises more; US export and import prices still negative; MIT narrows Singapore growth forecasts.

Magellan full year profits up 14%

MARK SMITH  |  THURSDAY, 11 AUG 2016
Magellan Financial Group has seen its net after tax profit increase 14% to $198.4 million in the last financial year.

Morphic fund added to wraps

DARREN SNYDER  |  THURSDAY, 11 AUG 2016
A Sydney-based global equities manager is gaining further traction following its flagship fund being placed on several wraps and platforms.

Bell FG delivers flat HY profit

KERRIE SYDEE  |  THURSDAY, 11 AUG 2016
Bell Financial Group has delivered a half year net profit of $5.7 million, the same profit the group delivered in 1H 2015.

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 11 AUG 2016
Australian consumer confidence and home lending bounce as with Japanese machinery orders but Philippine exports continue to contract.

Mercer funds added to two platforms

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
Five Mercer multi-manager funds have been added to the Macquarie Wrap and HUB24 superannuation and pension platforms, broadening Mercer's strategic relationship with the retail investor market.

Qualitas to invest in Perth and Sydney projects

ALEX BURKE  |  WEDNESDAY, 10 AUG 2016
Real estate investment manager Qualitas will provide mezzanine funding to residential and commercial projects in Sydney and Perth.

Maple-Brown Abbott fund gets ratings tick

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
The Maple-Brown Abbott Global Listed Infrastructure Fund, distributed by Ironbark Asset Management, has recently received substantial support from several research houses, wealth groups and platforms.

K2 hurt by Brexit call

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
K2 Asset Management says investor confidence was "the only true fatality" coming out of the Brexit referendum and it is encouraging investors to ride out the ebbs and flows of equity markets.