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Investment

Macquarie terminates four suspended van Eyk funds

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
Macquarie has shut down four funds in the van Eyk Blueprint series following the recent suspension of applications and redemptions.

Multi-asset emerging market approach halves volatility

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
A multi-asset approach which blends emerging market debt, dividend paying stocks and high growth small and mid-sized companies is the key to easing institutional investors' anxiety about the high level of volatility that comes with investing in developing ...

Invesco launches new fund

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
Invesco Australia has launched a new capital defensive income fund to the wholesale market.

Challenger to raise $530m to fund further annuities growth

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
Challenger is looking to raise a total of $530 million to inject further growth in its booming annuities business.

Perennial Aussie equities fund receives Zenith rating

STAFF WRITER  |  WEDNESDAY, 20 AUG 2014
Zenith Investment Partners has rated the Perennial Value Wealth Defender fund, which was launched in late May 2014.

IOOF completes SFGA buyout

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
IOOF has effectively completed the acquisition of 100% of the shares in SFG Australia, following the buyout proposal made public in May.

Cap market efficiency plummets

ALEX DUNNIN  |  WEDNESDAY, 20 AUG 2014
Reinforcing why the government initiated the Financial System Inquiry, economic research by Industry Super Australia has revealed that the financial services sector is becoming less efficient at raising capital.

NAB quarterly profit up 7%

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
National Australia Bank (NAB) has lifted its cash profit 7% to $1.6 billion during the June quarter.

Fund managers: Tide turning in emerging markets

MARK SMITH  |  TUESDAY, 19 AUG 2014
AllianceBernstein and Van Eck Global have joined a growing chorus of fund managers who say the worst is over in emerging markets and now is looking like a good entry point for long-term investors.

Legg Mason wins $125m Mercer mandate

MARK SMITH  |  MONDAY, 18 AUG 2014
Global asset manager Legg Mason has been awarded a $125 milllion Australian small companies mandate by Mercer's multi-manager business, Mercer Investments.