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Investment

GBST wealth management performance drives 52% profit boost

ALEX BURKE  |  WEDNESDAY, 12 AUG 2015
Wealth management and capital markets software provider GBST has posted its full-year results for FY2015, showing a 52% boost in net profit to $15.3 million.

Fee pressure turns super funds to smart beta

LAURA MILLAN  |  WEDNESDAY, 12 AUG 2015
Pressure to lower fees is forcing superannuation funds to look for new ways to deliver returns at a low cost and some are starting to think the solution might be in smart beta.

Magellan doubles profit, boosts FUM

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Magellan Financial Group reported a 110% increase in net profit for the year to 30 June 2015 mainly thanks to double digit returns in all of its funds.

Retail responsible investment up 24pct

DARREN SNYDER  |  TUESDAY, 11 AUG 2015
The notion that Australians are disengaged from their superannuation has started its terminal decline according to Responsible Investment Association Australasia (RIAA) chief executive Simon O'Connor.

Blue Sky flushes dunnies

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Blue Sky Private Equity has sold its majority stake in portable toilet hire company Viking Rentals, to which it felt a special attachment because it was one of its first investments.

Murray slams "silly suggestions"

MARK SMITH  |  TUESDAY, 11 AUG 2015
David Murray, chair of the Financial System Inquiry, has stirred the debate around super board independence, saying it has deteriorated into a "set of silly suggestions."

Divestment could reach $50bn in five years

ALEX DUNNIN  |  TUESDAY, 11 AUG 2015
Divestment out of companies that are heavily involved in carbon intensive activities could reach $50 billion over the next five years.

Scrapping dividend imputation costly for retirees

DARREN SNYDER  |  TUESDAY, 11 AUG 2015
Removing or changing dividend imputation might be a revenue fix for the federal government but it will have long-term effects on Australians' retirement savings.

BlackRock likes Japan, Europe

DARREN SNYDER  |  MONDAY, 10 AUG 2015
BlackRock Global Allocation Fund product strategist Matt Estes believes there is a lot to like about Japan and Europe when viewing markets and asset classes across the world.

ASX builds fund supermarket

DARREN SNYDER  |  MONDAY, 10 AUG 2015
The Australian Securities Exchange (ASX) openly says one of its strategic priorities is to continue to build out an investment supermarket.