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Investment

NAB delays staff salary increases

LAURA MILLAN  |  FRIDAY, 13 SEP 2013
While ANZ, Commonwealth Bank and Westpac have recently agreed to improve employees' working conditions, National Australia Bank's (NAB's) answer to the Financial Services Union (FSU) demands was "mean and disappointing."

BNP Paribas completes Nikko AM custody transfer

MARK SMITH  |  FRIDAY, 13 SEP 2013
BNP Paribas Securities Services (BNP Paribas), has completed the integration of Nikko Asset Management, becoming its custodian for the Asia Pacific region.

Laminar awarded hedge fund of the year

MARK SMITH  |  FRIDAY, 13 SEP 2013
Laminar Funds took home the Australian hedge fund of the year award for its Laminar Credit Opportunities Fund at a ceremony at The Star in Sydney yesterday.

AMP- managed infra fund takes stake in Irish telco

ALICE URIBE  |  FRIDAY, 13 SEP 2013
The AMP Capital-managed Irish Infrastructure Fund has acquired a 100% stake in Towercom, Ireland's largest independent wireless telecoms infrastructure company.

McGrath Estate Agents partners with Aura FM for SIV funds

JAMES FERNYHOUGH  |  THURSDAY, 12 SEP 2013
Aura Funds Management (AFM) has launched two funds that comply with the Commonwealth Government's Significant Investor Visa (SIV) program.

AMP to launch zero tax equities income fund

JAMES FERNYHOUGH  |  THURSDAY, 12 SEP 2013
AMP Capital is set to launch a new Australian equities fund aimed at maximising income for zero tax investors such as retirees.

Praemium adds Easton AM to SMA platform

LAURA MILLAN  |  THURSDAY, 12 SEP 2013
Praemium has added Easton Asset Management Global Tactical Model on its separately managed account (SMA) platform.

New AllianceBernstein fund offers solution for Fed tapering

MARK SMITH  |  THURSDAY, 12 SEP 2013
AllianceBernstein is preparing to launch a global fixed income fund with an absolute return objective to the Australian retail market.

Hedge fund maestro Hintze voices concern over regulation

MARK SMITH  |  THURSDAY, 12 SEP 2013
Tighter regulation poses the greatest challenge to the hedge fund industry, according to Australian hedge fund legend Sir Michael Hintze.

Franklin Templeton bond upgraded despite negative quarter

JAMES FERNYHOUGH  |  WEDNESDAY, 11 SEP 2013
Van Eyk has upgraded the Franklin Templeton Multisector Bond Fund from 'A' to its highest rating of 'AA' despite reporting negative returns for the June 2013 quarter.