Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Investment

QV Equities raises $180m

MARK SMITH  |  MONDAY, 18 AUG 2014
Investors Mutual has raised more than $180m for its new listed investment company (LIC), QV Equities (QVE).

Magellan profits jump 71%

MARK SMITH  |  FRIDAY, 15 AUG 2014
Magellan Financial Group has reported net profit after tax of $82.9 million for the full year to 30 June, an increase of 71% on last year.

FEATURE: Have we reached the tipping point for managed accounts?

MARK SMITH  |  FRIDAY, 15 AUG 2014
In the first of a two-part special report on the sector, Mark Smith explores why after a series of false starts, industry experts are saying now is the time for managed accounts to live up to their billing as the next big thing in client portfolio management.

Allan Gray funds to access mFund through OneVue

STAFF WRITER  |  FRIDAY, 15 AUG 2014
Two Allan Gray funds will be the first OneVue clients to list on the recently-launched Australian Securities Exchange (ASX) mFund.

Van Eck Global expands Australia team

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
Van Eck Global has made several appointments to its Australian team to help expand its institutional presence and its exchange traded fund (ETF) business, Market Vectors ETFs.

Ascalon acquires stake in Morphic AM

STAFF WRITER  |  THURSDAY, 14 AUG 2014
BT Financial Group boutique asset manager Ascalon Capital Managers has acquired a minority stake in Morphic Asset Management.

Suncorp CEO rewarded for profit growth

AAP  |  THURSDAY, 14 AUG 2014
Insurance and banking group Suncorp's growing profits have resulted in boss Patrick Snowball being rewarded with one of Australia's largest executive pay cheques.

Record profits for Standard Life Investments

MARK SMITH  |  THURSDAY, 14 AUG 2014
Standard Life Investments has reported a ten-fold increase in before tax operating profit to a record $190 million for the first half of 2014, up from $15.5 million for the same period last year.

Blue Sky reveals asset allocation of first alternatives LIC

MARK SMITH  |  THURSDAY, 14 AUG 2014
Blue Sky Alternative Investments has allocated nearly 70% of the $60 million raised for its Alternatives Access Fund into a range of alternative assets including private equity and venture capital, water and agriculture, a hedge fund and private real ...

SMA operators to become a sector in their own right

LAURA MILLAN  |  WEDNESDAY, 13 AUG 2014
Separately managed accounts (SMA) operators are poised for strong growth over the coming years and are likely to become a sector in their own right, Lonsec research shows.