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Investment

Investors misunderstand smart beta: AXA IM

MARK SMITH  |  FRIDAY, 17 APR 2015
Investors' misunderstanding of 'smart beta' is leading them to inferior products, according to AXA Investment Managers director for Australia, Craig Hurt.

Risk mispricing a threat to investment: ANZ boss

DARREN SNYDER  |  FRIDAY, 17 APR 2015
The investment community is under threat from the current mispricing of risk, according to ANZ chief executive Mike Smith.

ANZ sets up $30m compensation program for advice clients

LAURA MILLAN  |  THURSDAY, 16 APR 2015
ANZ will reimburse $30 million to clients of its financial planning business who did not get the annual reviews promised as part of the bank's advice and investment service.

NAB fined $40m over British bank failings

DARREN SNYDER  |  THURSDAY, 16 APR 2015
National Australia Bank's British bank (Clydesdayle) recently received a record fine nearing $40 million for lying to the United Kingdom's Financial Ombudsman Service as well as adopting inappropriate complaint policies.

TIAA-CREF opens Sydney office, appoints manager

ALEX BURKE  |  THURSDAY, 16 APR 2015
TIAA-CREF is expanding its APAC distribution capabilities by opening an office in Sydney.

China's deflation limited says ANZ boss

DARREN SNYDER  |  THURSDAY, 16 APR 2015
ANZ chief executive Mike Smith believes any deflationary effect on China in the near future will be "quite limited".

Liquidnet increases average trade size in Australia

LAURA MILLAN  |  THURSDAY, 16 APR 2015
Global institutional trading network Liquidnet grew its average Australian trade size to $1.8 million for the first quarter of the year, up from $1.7 million at the end of 2014.

Standard Life absolute return bond fund added to platform

STAFF WRITER  |  THURSDAY, 16 APR 2015
The Standard Life Investments Absolute Return Global Bond Strategies (ARGBS) has been added to the Macquarie Wrap platform.

FEATURE: How boutiques got their groove back

STAFF WRITER  |  WEDNESDAY, 15 APR 2015
The boutique investment house is an enduring model in the local market and the latest performance figures show that investors are reaping the benefits. But there are challenges. Mark Smith, Alex Burke and Laura Millan explain.

Investors plan to up active allocation

MARK SMITH  |  TUESDAY, 14 APR 2015
Australian investors want to increase their allocation to active management over the next 12 months, according to a new survey from Franklin Templeton Investments.