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Investment

Sagging commodities see drop in foreign investment

JAMES FERNYHOUGH  |  MONDAY, 2 SEP 2013
Australia is attracting considerably less foreign investment compared to the height of the mining boom, according to figures released by the Australian Custodial Services Association (ACSA).

Citi surges but NAB still top dog custodian

JAMES FERNYHOUGH  |  MONDAY, 2 SEP 2013
Citigroup has seen a huge surge in assets under custody (AUC) in the first half of 2013, growing by more than 20% to $213.28 billion, according to half-yearly sector figures released by the Australian Custodial Services Association (ACSA).

AMP Capital sets foot in China

LAURA MILLAN  |  MONDAY, 2 SEP 2013
AMP Capital has entered the China funds management space with the establishment of a joint venture with a local asset management company.

CFS adds Tyndall Australian share fund to FirstWrap

ALICE URIBE  |  MONDAY, 2 SEP 2013
Tyndall AM's Tyndall Australian Share Concentrated Fund has been added to Colonial First State's FirstWrap platform, as advisers see clients focus on total returns and become increasingly more risk aware.

Prime targets investment in accounting firms

MARK SMITH  |  FRIDAY, 30 AUG 2013
Prime Financial Group's growth plans centre on taking non-controlling equity stakes in accounting firms as well as recruiting them.

Wilson HTM reports losses after year of "disruptions"

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
Wilson HTM Investment Group has reported net losses after tax of $1.6 million.

Deutsche Bank dismisses mining fears

MARK SMITH  |  FRIDAY, 30 AUG 2013
Mining companies are poised for reasonable growth next year provided commodity prices don't take a nose dive, according to Deutsche Bank strategist Tim Baker.

EQT takes the hit on the battle for Trust

LAURA MILLAN  |  FRIDAY, 30 AUG 2013
Equity Trustees (EQT) has taken a hit during its acquisition battle for The Trust Company, while other contender, Perpetual, has reported strong results..

Thousands of finance workers face axe: FSU

ALICE URIBE  |  FRIDAY, 30 AUG 2013
Several thousand jobs could be at risk in the financial services industry, despite the sector being in strong shape according to the Finance Sector Union of Australia (FSU).

NAB denies "new" offshoring program in face of job loss figures

ALICE URIBE  |  THURSDAY, 29 AUG 2013
National Australia Bank (NAB) has denied that it has a "new" offshoring program, despite a Finance Sector Union of Australia (FSU) tally stating that 133 jobs had been offshored this year.