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Investment

Lonsec awards mFund mandate to UBS

STAFF WRITER  |  MONDAY, 1 JUN 2015
Lonsec has awarded UBS Australia the mandate to clear and settle all domestic equities and mFund transactions for its stockbroking arm.

Super mums must focus on retirement savings

DARREN SNYDER  |  FRIDAY, 29 MAY 2015
Industry superannuation fund REST has entered the discussion about women being more knowledgeable in managing their finances by commissioning a Super Mum Index.

Uncertainty over JPM job cuts in Australia

LAURA MILLAN  |  FRIDAY, 29 MAY 2015
J.P. Morgan is aiming to cut 5,000 jobs globally, but it has not confirmed whether the move will impact its Australian division.

Van Eck launches small cap ETF

LAURA MILLAN  |  THURSDAY, 28 MAY 2015
Van Eck has launched Australia's first small cap exchange traded fund (ETF) that tracks the index using a smart beta approach.

World's largest sovereign wealth fund divests coal

ALEX BURKE  |  THURSDAY, 28 MAY 2015
Norway's Parliament has voted to divest further coal holdings from the country's US$882 billion sovereign wealth fund.

Acadian buys CFS stake, becomes independent

LAURA MILLAN  |  THURSDAY, 28 MAY 2015
Global fund manager Acadian Asset Management has bought the 50% stake that Colonial First State (CFS) had in the firm's Australian division.

Emerging markets equity fund launched

DARREN SNYDER  |  THURSDAY, 28 MAY 2015
Identifying Australian investors looking for diversification away from local equities and wanting exposure to emerging markets has led a US-based fund manager to further their operations down under.

AB managed equities fund joins netwealth

DARREN SNYDER  |  THURSDAY, 28 MAY 2015
One of Alliance Bernstein's (AB) funds offering potential for wealth protection during downside markets was added to the netwealth investment platform.

FIIG launches Asciano direct bond

DARREN SNYDER  |  WEDNESDAY, 27 MAY 2015
Fixed Income Investment Group (FIIG) has launched its new Asciano Finance direct bond to wholesale investors with minimum investment amounts of $10,000.

BetaShares launch NASDAQ ETF

DARREN SNYDER  |  WEDNESDAY, 27 MAY 2015
Australian investors looking to include international equities in their portfolio now have the opportunity to access an exchange traded fund (ETF) that tracks the NASDAQ 100 index.