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Investment

Macquarie appoints Bell Direct as online broker

MARK SMITH  |  TUESDAY, 29 APR 2014
Bell Financial Group (BFG) has signed a deal with Macquarie to enable its online broking arm to provide services to the bank.

BNP Paribas wins $1bn Certitude contract off NAB

JAMES FERNYHOUGH  |  MONDAY, 28 APR 2014
BNP Paribas has won a bid to provide custody and administration to Certitude Global Investment, replacing previous custodian NAB.

Catholic Super seeds new AllianceBernstein fund

ALICE URIBE  |  MONDAY, 28 APR 2014
Catholic Super has become the first investor in a new actively-managed AllianceBernstein Australian equities investment fund which aims to help investors in or near retirement.

JANA awards $385m mandate to Californian manager

MARK SMITH  |  MONDAY, 28 APR 2014
JANA Investment Advisers (JANA) has awarded a $385 million global equity mandate Los Angeles-based asset manager Causeway Capital Management.

Towers Watson urges instos to consider smart beta

MARK SMITH  |  MONDAY, 28 APR 2014
Investment consultant Towers Watson has thrown its support behind smart beta approaches to investment, recommending institutional investors revisit their equity strategies to incorporate the lower cost products.

Big obstacles for funds going it alone on PE

ALEX DUNNIN  |  THURSDAY, 24 APR 2014
Private equity (PE) returns may be stronger than we think and while this is attracting super funds to direct their own PE investment placements, this approach is not for everybody, reveals new research from McKinsey & Company.

Funds passport 'doomed to fail' without tax reform

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
The Asia Region Funds Passport is "doomed to fail" unless the government changes taxation law to favour Asian investors in Australia, according to BNP Paribas Security Services managing director Peter Baker.

PM Capital Emerging Asia added to Macquarie Wrap

MARK SMITH  |  WEDNESDAY, 23 APR 2014
The PM Capital Emerging Asia Fund has been added to the Macquarie Wrap platform.

Risk management top concern for sovereign wealth funds

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
The majority of sovereign wealth funds and central banks globally have said risk management is a major concern, according to a recent survey carried out by State Street Corporation and FT Remark.

Portfolio disclosure's unintended consequences

ALEX DUNNIN  |  TUESDAY, 22 APR 2014
Stronger Super's portfolio disclosure rules present major challenges to super funds investing in private markets, not because the investments are opaque but because portfolio disclosure could require them to disclose their intentions about future transactions.