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Investment

US fiduciary rule fight not slowing down

ALEX DUNNIN  |  TUESDAY, 16 JUN 2015
US financial services professional associations fire another salvo in their 5-year fight over limiting the application of fiduciary rules for financial advisers.

Westpac to raise capital by divesting BTIM stake

LAURA MILLAN  |  TUESDAY, 16 JUN 2015
Westpac Group will sell half of its stake in BT Investment Management (BTIM) to institutional and retail investors in a move that will raise up to $700 million and bolster its capital position.

Small funds winning group risk race

ALEX BURKE  |  MONDAY, 15 JUN 2015
Larger superannuation funds appear to have no scale benefit when it comes to getting a good deal on group insurance premiums, the latest study from Rainmaker shows.

Cbus adds property, infrastructure investment options

LAURA MILLAN  |  MONDAY, 15 JUN 2015
Cbus has added property and infrastructure as standalone investment options within the fund's Self Managed platform.

Platform FUM up $660bn

STAFF WRITER  |  MONDAY, 15 JUN 2015
The total investment platform market has risen 15.5% to $662.8 billion in the 12 months to March, the latest figures from Plan For Life show.

FIIG to arrange record bond issue

STAFF WRITER  |  MONDAY, 15 JUN 2015
National transport and logistics company SCT Logistics will undertake Australia's largest unrated bond issue for a private business through a dual-tenor issue of $75-85 million.

QIC asks government to step up, break toxic cycle

LAURA MILLAN  |  FRIDAY, 12 JUN 2015
The government should step up and introduce fiscal stimulus to the economy to break a dangerous cycle of low consumer confidence and low investment as Chinese demand plummets, QIC said.

Platinum to launch Asia LIC

STAFF WRITER  |  FRIDAY, 12 JUN 2015
Platinum Asset Management has launched an initial public offering of securities for Platinum Asia Investments Limited, an ASX listed investment company (LIC).

GIP and Hess partner on North Dakota oil deal

ALEX BURKE  |  FRIDAY, 12 JUN 2015
Global Infrastructure Partners (GIP) and Hess Corporation have announced a joint venture focusing on oil and gas processing infrastructure in the US.

Rising bond yields a blip

DARREN SNYDER  |  FRIDAY, 12 JUN 2015
A recent rise in bond yields across Europe, America and Australia is nothing but a blip on the radar according to Altair Asset Management chief economist, Stephen Roberts.