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Investment

BetaShares' UMAX receives recommended rating

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
BetaShares' recently launched S&P 500 Yield Maximiser Fund (UMAX) has been awarded a 'Recommended' rating from Lonsec.

NAS grows assets under custody

JAMES FERNYHOUGH  |  WEDNESDAY, 29 OCT 2014
NAB Asset Servicing (NAS) has grown its assets under custody at a healthy rate and maintained its position as by far the largest custodian in Australia, despite recent well-documented difficulties.

Surge in Australian-educated FM professionals heading OS

ALEX DUNNIN  |  WEDNESDAY, 29 OCT 2014
An international study of Australians working in global asset management who were educated at Australian universities has found that more than half are now working for asset management firms outside Australia.

Dundas awarded $250m industry super fund mandate

MARK SMITH  |  WEDNESDAY, 29 OCT 2014
Dundas Partners has been awarded a $250 million mandate by an unnamed "prominent" industry super fund.

Triple3 volatility fund added to Macquarie Wrap platform

MARK SMITH  |  WEDNESDAY, 29 OCT 2014
The Triple3 Volatility Advantage Fund has been added as an investment option on Macquarie Wrap.

Wilson HTM to split funds management, stockbroking arms

LAURA MILLAN  |  TUESDAY, 28 OCT 2014
Wilson HTM has confirmed that it is looking to create a standalone securities business, following the departure of senior investment adviser Michael Tynan last September.

BNP Paribas names acting head of custody

JAMES FERNYHOUGH  |  TUESDAY, 28 OCT 2014
BNP Paribas Securities Services has appointed Ian Perkins as acting head, Australia and New Zealand, following the sudden departure of managing director Peter Baker earlier this month.

ANZ halts trading after accidental data release

STAFF WRITER  |  TUESDAY, 28 OCT 2014
ANZ requested a trading halt yesterday after it accidently published key financial tables on its website, ahead of the announcement of the group's 2014 financial results.

OneVue confirms Eureka Report deal

JAMES FERNYHOUGH  |  TUESDAY, 28 OCT 2014
OneVue has confirmed it has been in negotiations with News Corporation owned Eureka Report to deliver what it calls a "digital investor engagement solution".

Australian Ethical FUM grows 8% in Sept quarter

JAMES FERNYHOUGH  |  MONDAY, 27 OCT 2014
Australian Ethical's recent returns experience and increased net flows have seen its funds under management rise by more than 8% in the September quarter, bringing it just short of the $1 billion mark.