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Investment

AXA IM to expand outside of Europe

LAURA MILLAN  |  FRIDAY, 14 MAR 2014
AXA Investment Managers is seeking to expand its presence outside of Europe, with plans to strengthen its footprint in Asia, including Australia and Japan, and the Americas.

NAB and Deutsche Bank extend custody relationship

ALICE URIBE  |  THURSDAY, 13 MAR 2014
National Australia Bank Asset Servicing has won the Deutsche Bank custody contract after a tender process, taking over from previous custodian J.P. Morgan.

Citi closes gap in custody race

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
Citigroup has continued its rapid ascension in the Australian custody market, growing by 19.4% over the past six months, according to figures released by the Australian Custodial Services Association.

J.P. Morgan launches two wholesale funds

JAMES FERNYHOUGH  |  WEDNESDAY, 12 MAR 2014
J.P. Morgan has entered the Australian wholesale investor market with the launch of two funds: the JPMorgan Global Strategic Bond Fund and the JPMorgan Emerging Markets Opportunities Fund.

High risk investors lose appetite for risk

JAMES FERNYHOUGH  |  WEDNESDAY, 12 MAR 2014
The first quarter of 2014 has seen a marked drop in risk appetite among ordinarily high-risk investors, research from CoreData has shown.

Lonsec launches ETF model portfolios for advisers

LAURA MILLAN  |  WEDNESDAY, 12 MAR 2014
Lonsec has launched five exchange traded funds (ETF) model portfolios available for advisers who want to give their clients access to low-cost diversified portfolio solutions across traditional asset classes.

Aussie shares out of favour as managed fund investors go global

LAURA MILLAN  |  TUESDAY, 11 MAR 2014
Despite the Australian market achieving double-digit returns, investors have slashed their allocations to domestic share funds over concerns that the Australian economy will not be able to successfully transition away from the resources-led boom.

Investors get conditional agreement against Great Southern

ALICE URIBE  |  MONDAY, 10 MAR 2014
Litigation funder Bentham IMF has reached a conditional settlement against the collapsed agricultural investment scheme Great Southern.

Zenith approves six new 'unconstrained' bond funds

JAMES FERNYHOUGH  |  MONDAY, 10 MAR 2014
Six fixed interest funds have received ratings in Zenith's new 'Unconstrained' category.

Allan Gray Aussie fund listed on six platforms

LAURA MILLAN  |  MONDAY, 10 MAR 2014
The Allan Gray Australia Opportunity Fund doubled in size during 2013 and is available for advisers through six wrap platforms.