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Investment

EQT reports lift in profits

MARK SMITH  |  MONDAY, 3 FEB 2014
Equity Trustees (EQT) has announced a 16.3% year-on-year lift in half-year revenue and a 21.6% increase in net profit after tax for the six months to 31 December 2013.

Emerging market turmoil is a buying opportunity

MARK SMITH  |  MONDAY, 3 FEB 2014
Investors should seize the recent falls in emerging market equity markets as an opportunity to buy quality companies at a more attractive price, according to global large cap specialist Insync Fund Managers.

Brookvine inks US micro cap deal

MARK SMITH  |  FRIDAY, 31 JAN 2014
US micro cap specialist Thomson Horstmann & Bryant (THB) has appointed Brookvine to help launch itself into the Australian market.

Federation platform adds Pengana Aussie Equities Fund

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
Federation Managed Accounts Platform has added the Pengana Australian Equities Fund to its offering, available for advisers and their clients.

BNP Paribas enters EU with ASIC

LAURA MILLAN  |  WEDNESDAY, 29 JAN 2014
BNP Paribas (BNP) has entered into an enforceable undertaking with the Australian Securities and Investments Commission (ASIC) in relation to potential misconduct involving the Australian Bank Bill Swap Rate (BBSW).

Bennelong Long Short Equity Management launches new fund

STAFF WRITER  |  TUESDAY, 28 JAN 2014
Bennelong Long Short Equity Management (BLSEM) has launched a new Australian equities strategy, the Bennelong Alpha 200 Fund (the Fund).

State Street opens Shanghai office, announces Q4 results

JAMES FERNYHOUGH  |  TUESDAY, 28 JAN 2014
State Street Corporation will open a new office in Shanghai as part of its Alternative Investment Solutions (AIS) business, which focuses on real estate and private equity.

Credit to escape impending bond rout

MARK SMITH  |  TUESDAY, 28 JAN 2014
Fixed income investors should avoid the worst of the impact of rising interest rates by holding bonds with higher yields, according to UBS Wealth Management global chief investment officer Alexander Friedman.

Fund manager criticises "rip-off" fees

MARK SMITH  |  FRIDAY, 24 JAN 2014
The fees charged by the funds management industry are simply too high and cannot be justified, a veteran international equities stock-picker has said.

Magellan Global returned 48.7% in 2013

MARK SMITH  |  THURSDAY, 23 JAN 2014
Australian international equities manager Magellan Financial Group's flagship Global fund returned 48.7% in the 12 months to 31 December, the group's half-yearly investor report released today shows.