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Investment

Financial services industry unites for marriage equality

LAURA MILLAN  |  FRIDAY, 7 AUG 2015
Australia's financial services businesses have put rivalries aside and got ahead of politics in a country-wide campaign to support marriage equality.

Henderson reveals costs of Australian acquisitions

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
Henderson Global Investors has revealed the initial costs of acquiring 90 West and two Perennial businesses in Australia.

Magellan launches hedged global equities fund

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
Magellan Financial Group has listed a currency hedged version of its Global Equities Fund, which has grown to over $257 million in five months.

Custody: Revolution or evolution?

MARK SMITH  |  WEDNESDAY, 5 AUG 2015
Regulatory change, technological advances and the evolving needs of customers have led some to believe custodial services are under-going a drastic revolution. Or is that all part of what being a custodian is all about?

Adapt or die, asset managers warned

MARK SMITH  |  WEDNESDAY, 5 AUG 2015
Asset managers all over the world are recognising they need to adapt their business models if they are to remain relevant to ever-more powerful asset owners.

Fee error forces Ausbil to pay $18m

LAURA MILLAN  |  WEDNESDAY, 5 AUG 2015
Ausbil Investment Management overcharged fees of approximately $18 million to investors over the last ten years.

FIIG launches fixed income MDA service

DARREN SNYDER  |  WEDNESDAY, 5 AUG 2015
FIIG Securities has appointed former head of fixed income at Dixon Advisory Funds Management, Alwyn Hung, to lead a new managed accounts service for bonds.

QIC raises $1 billion for infrastructure fund

ALEX BURKE  |  TUESDAY, 4 AUG 2015
QIC has raised $1 billion in new capital for its unlisted Global Infrastructure Fund (QGIF), reaching roughly 50% of its target.

Alpha Fund Managers add AB fund to portfolio

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
Alpha Fund Managers has become the initial investor in the AllianceBernstein (AB) Global Equities Fund by adding the fund to its multi-manager portfolio.

Northern Trust wins UCA mandate

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
Northern Trust has been appointed to provide global custody services for UCA Funds Management, one of Australia's largest ethical fund managers.