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Investment

Goldman ordered to pay $100m to NAB

STAFF WRITER  |  TUESDAY, 12 MAY 2015
Goldman Sachs has been ordered to pay US$80 million, plus around US$20 million in interest, to National Australia Bank for breaking rules related to the sale of mortgage-linked securities before the financial crisis.

China exposure best through Australia: BlackRock

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
BlackRock's main source of exposure to Chinese fixed income comes from investing in Australian government bonds, deputy chief investment officer of fundamental fixed income Scott Thiel said.

Argo lodges infrastructure LIC prospectus

ALEX BURKE  |  TUESDAY, 12 MAY 2015
Argo Investments has lodged a prospectus for Argo Global Listed Infrastructure with ASIC.

FEATURE: Australia's other love affair

FINANCIAL STANDARD  |  TUESDAY, 12 MAY 2015
Financial Standard analyses investors' current love affair with property and looks at other ways to invest in the asset class.

Falling rates turn Aussie bonds into "a poor choice"

LAURA MILLAN  |  MONDAY, 11 MAY 2015
Currency risk makes Australian government bonds "a relatively poor choice" for international investors despite their stellar AAA rating, according to Nikko Asset Management head of fixed income in Australia James Alexander.

Pengana partners with queen of small caps

DARREN SNYDER  |  MONDAY, 11 MAY 2015
Pengana Capital has announced a joint venture with global small caps specialist Lizard Investors to run the Pengana Global Small Companies Fund.

SSgA appointed to rebuild Findex investment strategy

LAURA MILLAN  |  MONDAY, 11 MAY 2015
State Street Global Advisors (SSGA) will conduct a review of Findex's investment strategy and research approach, following the group's acquisition of Crowe Horwath.

Barrett in buyout mode, acquires CBA firm

LAURA MILLAN  |  MONDAY, 11 MAY 2015
Former ANZ advice director Paul Barrett has acquired Commonwealth Bank-owned Eureka Whittaker Macnaught through his financial planning business AZ Next Generation Advisory (AZ NGA).

Retirees can increase their withdrawal rate: Milliman

DARREN SNYDER  |  MONDAY, 11 MAY 2015
Actuarial consulting firm Milliman believes there are retirees who could comfortably increase their standard withdrawal rate by at least 50% per annum.

Asian equities on the rise

ALEX BURKE  |  FRIDAY, 8 MAY 2015
Regulatory, economic and technology-related changes are making Asian equities more appealing to investment managers this year, according to T. Rowe Price portfolio manager, Asia ex-Japan equity fund Anh Lu.