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Investment

Fiducian acquires practice, launches impact fund

LAURA MILLAN  |  TUESDAY, 3 NOV 2015
Fiducian Group will acquire a financial planning business in Tasmania with $55 million in funds under advice.

AXA IM targets under-researched stocks

LAURA MILLAN  |  TUESDAY, 3 NOV 2015
Tapping into small caps through a strategy focused on value can give investors access to opportunities in the most under-researched part of the market, AXA Investment Management says.

Macquarie and CBA in global top 100

MARK SMITH  |  TUESDAY, 3 NOV 2015
Macquarie and Commonwealth Bank are the only Australian companies to have made it into the top 100 largest fund managers globally, according to a survey by Pensions & Investments and Towers Watson.

Pick a number

BENJAMIN ONG  |  TUESDAY, 3 NOV 2015
Australia, after all, is one of the few economies where monetary policy has not been corrupted by "non-conventional" policies to date... so the 'Taylor Rule' should still work.

Westpac profit boosted by BTIM sale

ALEX BURKE  |  MONDAY, 2 NOV 2015
Westpac increased net profit by 6% to $8 billion over FY2015, driven largely by its partial sale of BT Investment Management.

FSC, Deloitte name Future Leader Award winner

LAURA MILLAN  |  MONDAY, 2 NOV 2015
An executive manager of wealth management at Commonwealth Bank (CBA) is the winner of this year's Financial Services Council/Deloitte Future Leader award.

Henderson completes acquisition of IOOF boutiques

MARK SMITH  |  MONDAY, 2 NOV 2015
Henderson Group has completed its acquisition of two funds management businesses from IOOF Holdings.

Perpetual grows global equities team

LAURA MILLAN  |  MONDAY, 2 NOV 2015
Perpetual Investments has appointed two analysts to its global equities team as it looks to grow its global equities strategy.

Rusting still

BENJAMIN ONG  |  MONDAY, 2 NOV 2015
The direction of iron ore prices is largely tied to outlook for China's economy - the world's largest consumer of the commodity.

Managed accounts usage to grow 38%

LAURA MILLAN  |  FRIDAY, 30 OCT 2015
The number of independent financial advice practices using managed accounts is set to grow by over 38% over the quarter, Managed Accounts Holdings (MGP) said.