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Investment

In-housing creating consultant uncertainty

MARK SMITH  |  MONDAY, 3 NOV 2014
Asset consultants are jostling for position in a bid to combat the in-housing of super fund investment teams, with a variety of strategies emerging.

Infra posts 18 pct returns

ALEX DUNNIN  |  MONDAY, 3 NOV 2014
Unlisted infrastructure returned 18% post fees in the 12 months to end September, outperforming all other asset classes except for global equities and so demonstrated its countercyclical credentials.

BTFG earnings up 16%

MARK SMITH  |  MONDAY, 3 NOV 2014
Staying "close to advisers" to assist them cope with regulatory changes helped BT Financial Group (BTFG) to a solid full year result, according to the wealth manager.

Wealth division boosts ANZ profit

MARK SMITH  |  FRIDAY, 31 OCT 2014
ANZ has posted a 10% rise in full year cash profit to $7.12 billion, with the bank's wealth division contributing significantly.

Link acquires proxy solicitation firm

MARK SMITH  |  FRIDAY, 31 OCT 2014
Global share registry and investor relations provider Link Group has acquired D.F. King, a global proxy solicitation firm, after an agreement was reached with its North American partner, American Stock Transfer & Trust Company (AST).

Macquarie announces $678m profit, appoints director

JAMES FERNYHOUGH  |  FRIDAY, 31 OCT 2014
Macquarie has announced half-year net profits of $678 million for the six months ending September 2014.

Market Vectors launches global quality focused ETF

MARK SMITH  |  FRIDAY, 31 OCT 2014
Markets Vectors has launched a new global equity exchange-traded fund with a quality bias.

BTIM posts record profit

MARK SMITH  |  THURSDAY, 30 OCT 2014
BT Investment Management (BTIM) has more than doubled its end of year cash net profit after tax on last year to post a record $127 million.

NAB wealth returns "below acceptable levels"

LAURA MILLAN & AAP  |  THURSDAY, 30 OCT 2014
National Australia Bank (NAB) net profit for the year to September 30 was down 1.1%, with chief executive Andrew Thorburn saying that NAB Wealth returns were "below acceptable levels."

DomaCom unveils IPO plans for 2015

LAURA MILLAN  |  THURSDAY, 30 OCT 2014
DomaCom is planning to launch an initial public offering (IPO) next year, after completing a $7 million capital raising.