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Investment

Pohl launches mandate hunt as non-compete clause expires

MARK SMITH  |  THURSDAY, 22 MAY 2014
The expiry of a two-year non-compete clause with Hyperion Asset Management has cleared the way for Manny Pohl's new business to target institutional investors again.

Blue Sky directors buy stake in Alternatives Fund IPO

LAURA MILLAN  |  WEDNESDAY, 21 MAY 2014
Three Blue Sky Alternative Investments non-independent board members will invest at least $1.35 million in aggregate through the initial public offering of the manager's Alternatives Fund.

Macquarie admits "unresolved matters" with ATO

LAURA MILLAN  |  WEDNESDAY, 21 MAY 2014
Macquarie Group has admitted it has "unresolved matters" with the Australian Tax Office (ATO), but it considers it holds "appropriate provisions" in those.

La Trobe registers for the Shanghai Free Trade Zone

ALICE URIBE  |  TUESDAY, 20 MAY 2014
Credit specialist fund manager La Trobe Financial has formally registered in the Shanghai Free Trade Zone (Shanghai FTZ ) as part of an effort to participate in China's proposed financial market deregulation.

New infrastructure fund for SMSFs launches

JAMES FERNYHOUGH  |  TUESDAY, 20 MAY 2014
A new fund dedicated to providing self-managed super funds and high net worth investors with access to unlisted infrastructure has been launched.

States urged to recycle infrastructure

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
The federal government is urging state governments to privatise infrastructure assets, with the creation of a $5 billion 'asset recycling initiative'.

Buffett discloses new Verizon investment

AAP  |  FRIDAY, 16 MAY 2014
Warren Buffett's company has disclosed a new investment of 11 million shares in Verizon Communications, and an increase in its stakes in Wal-Mart and IBM.

Governance eclipses social and environmental concerns

JAMES FERNYHOUGH  |  FRIDAY, 16 MAY 2014
Governance almost totally eclipses environmental and social factors when it comes to stakeholder concern, a report by AXA Investment Managers (AXA IM) has shown.

IOOF awards $115m global equities mandate

MARK SMITH  |  THURSDAY, 15 MAY 2014
IOOF has appointed State Street Global Advisers (SSgA) to manage a $115 million active global equities strategy as part of its IOOF MultiMix suite of multi-manager superannuation funds.

Commonwealth Bank profits boosted by investment performance

MARK SMITH  |  WEDNESDAY, 14 MAY 2014
Strong investment performance has contributed to an almost 16% rise in third quarter cash profit for Commonwealth Bank.