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Investment

Momentum for mFund service gathering despite uncertainty

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
Equity Trustees has said it is starting to see momentum building for investors to transact through the ASX's mFund Settlement Service.

Zenith launches range of retirement portfolios

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
Investment research provider Zenith has launched a new range of retirement investment portfolios which cater to a range of risk appetites and have options for an annuity-style income stream.

AustralianSuper appoints European property manager

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
AustralianSuper has appointed an investment manager to execute its direct office and retail property investment strategy in Europe.

Investors should take responsibility for themselves: Medcraft

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
Individual responsibility remains a core part of the financial services system, the Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft said, ahead of the Senate report on the inquiry into the regulator.

MDA provider makes debut on ASX

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
Managed Accounts Holdings Limited has started trading on the Australian Securities Exchange (ASX) today after raising about $3 million in its Initial Public Offering.

FUM closes in on $2trn

ALEX DUNNIN  |  TUESDAY, 24 JUN 2014
Australia's funds management market is on the verge of breaking through the $2 trillion barrier, reveals new research from Rainmaker.

Morningstar launches stewardship ratings in Australia

STAFF WRITER  |  TUESDAY, 24 JUN 2014
Independent investment research Morningstar Australasia has launched stewardship ratings for Australian and New Zealand stocks.

BNP, US prosecutors near $US9bn settlement

AFP  |  MONDAY, 23 JUN 2014
BNP Paribas has neared a deal with US prosecutors that would see the French bank pay $US8 billion to $US9 billion and accept other punitive measures for violating American sanctions, The Wall Street Journal reports.

Sovereign wealth funds ramp up alternatives exposure

MARK SMITH  |  MONDAY, 23 JUN 2014
Sovereign wealth funds are increasingly investing new allocations to alternative asset classes, figures from the second annual Invesco Global Sovereign Asset Management Study show.

Westfield restructure gets green light, UniSuper to retain holding

AAP  |  FRIDAY, 20 JUN 2014
UniSuper has no plans to ditch its 8.5% holding Westfield Retail Trust (WRT), despite Westfield's controversial $70 billion restructure getting the green light.