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Investment

New robo-advice business launches

MARK SMITH  |  TUESDAY, 16 FEB 2016
BetaSmartz, a new robo-advice platform aimed at both institutional and retail investors, has launched today.

"More focused" NAB lifts profit

MARK SMITH  |  TUESDAY, 16 FEB 2016
An 8% rise in quarterly cash earnings saw National Australia Bank (NAB) post cash profit to $1.5 billion for the December quarter.

Annuity sales growth drive up Challenger 1H16 profit

ALEX BURKE  |  TUESDAY, 16 FEB 2016
Continuing growth in annuity sales has driven Challenger's 1H16 after-tax profit up 18% on 1H15 to $182 million.

More negatives

BENJAMIN ONG  |  TUESDAY, 16 FEB 2016
The Japanese economy shrinks, the Japanese sharemarket sings hallelujah!

$1m does not make you rich, Australians say

MARK SMITH  |  MONDAY, 15 FEB 2016
A fifth of those with a household income of $200,000 are living pay-cheque to pay-cheque and having $1 million does not make you rich.

Gold starts to glisten (like 2008?)

BENJAMIN ONG  |  MONDAY, 15 FEB 2016
Gold is again surging as central banks try to goose the system with more liquidity and this time, negative interest rates.

J.P. Morgan fund gets Lonsec nod

MARK SMITH  |  FRIDAY, 12 FEB 2016
The J.P. Morgan Global Research Enhanced Index Equity Fund has been awarded a 'Highly Recommended' rating by Lonsec in its first year.

Henderson reports record inflows

DARREN SNYDER  |  FRIDAY, 12 FEB 2016
Global asset manager Henderson Group has flagged three Australian acquisitions and the launch a new fund in the country as part of a successful 2015 that saw record net inflows and underlying profits.

New hope for DomaCom Kidman bid

DARREN SNYDER  |  FRIDAY, 12 FEB 2016
DomaCom's offer to acquire the pastoral empire that is Kidman Station has been given a shot in the arm with S.Kidman & Co reopening the company's sale to Australian investors.

Who can dig a deeper hole?

BENJAMIN ONG  |  FRIDAY, 12 FEB 2016
It's turning into another race to the bottom, or in this instance, "who can dig a deeper hole". Now, even the Fed, it seems, is contemplating going negative.