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Investment

Australian ETF industry soars to reach $8 billion

MARK SMITH  |  MONDAY, 19 AUG 2013
The Australian exchange traded fund (ETF) industry has swelled to a record high, breaching the $8 billion mark for the first time, according to data from ETF provider BetaShares.

Annuity sales reinforce solid Challenger result

MARK SMITH  |  MONDAY, 19 AUG 2013
Challenger Limited's total assets under management (AUM) has risen 34% to $44.8 billion in the 12 months to 30 June 2013 following record flows into its annuities and funds management businesses.

Performance fees boost K2 profits in 2013

MARK SMITH  |  MONDAY, 19 AUG 2013
K2 Asset Management has announced an after tax profit of $13.2 million and final dividend of 4 cents per share for the year to 30 June 2013, after strong investment performance triggered performance fees.

Standard Life sales spike after global expansion

LAURA MILLAN  |  FRIDAY, 16 AUG 2013
Standard Life Investments has reported a record net sales of $11.8 billion for the first half of 2013 after the investment manager consolidated its presence globally.

Cash love affair continues despite falling rates

JAMES FERNYHOUGH  |  FRIDAY, 16 AUG 2013
Investors are allocating increasing amounts to cash despite falling interest rates, according to research by Investment Trends.

ANZ profit, wealth FUM up despite insurance concerns

MARK SMITH  |  FRIDAY, 16 AUG 2013
Funds under management growth of 6% year-to-date in ANZ's global wealth division have helped the bank post a solid profit in its latest nine-month report.

Platinum reports stellar result

MARK SMITH  |  THURSDAY, 15 AUG 2013
Listed investment company Platinum Capital saw its pre-tax net asset value (NAV) grow by 42.3% in the 12 months to 30 June 2013 while the Morgan Stanley Capital Index was up 30.5% over the same period.

AMP profits up 5.4% despite insurance disappointment

MARK SMITH  |  THURSDAY, 15 AUG 2013
AMP Limited's half-year profits are up 5.4% to $393 million following strong performance from its wealth management and investment businesses.

Aussie shares best in a generation

MARK SMITH  |  THURSDAY, 15 AUG 2013
Australian shares have outstripped all other major asset classes over the last 30 years, according to research by Vanguard.

ANZ gets on the SIV bandwagon

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
ANZ Private has followed Macquarie and Credit Suisse with the launch of an investment solution for the government's Significant Investor Visa (SIV) program.