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Investment

EQT to take Trust-Perpetual acquisition to ACCC

LAURA MILLAN  |  THURSDAY, 13 JUN 2013
Equity Trustees (EQT) will make a submission to the Australian Competition and Consumer Commission (ACCC) on the implications for the competitive positions of the trustee markets if Perpetual acquires The Trust Company.

FUM breaks through pre-GFC barrier

ALICE URIBE  |  THURSDAY, 13 JUN 2013
It's taken five long years but Australia's funds under management (FUM) market has finally recovered all the FUM that was lost during the global financial crisis.

ASX to introduce VIX futures contract

JAMES FERNYHOUGH  |  WEDNESDAY, 12 JUN 2013
The Australian Securities Exchange is planning to launch a VIX futures contract, with a launch date earmarked for later this year - possibly as early as July. The ASX will provide a media teach-in to coincide with the launch.

Challenger refinances $300m debt facility

LAURA MILLAN  |  WEDNESDAY, 12 JUN 2013
Challenger Diversified Property Group (CDI) has refinanced $300 million of its debt facility.

Australian online broker market 'world's most highly concentrated'

JAMES FERNYHOUGH  |  WEDNESDAY, 12 JUN 2013
Lack of choice among online brokers may explain why Australians are unlikely to change brokers, despite having comparatively low levels of satisfaction.

Study finds dark pools damage market quality

MARK SMITH  |  WEDNESDAY, 12 JUN 2013
Dark pools are damaging overall price discovery and market quality in the US, according to new research by Capital Markets Cooperative Research Centre (CMCRC).

CareSuper awards $65m mandate to Neuberger Berman

MARK SMITH  |  TUESDAY, 11 JUN 2013
CareSuper has awarded Neuberger Berman a $65 million emerging markets equities mandate.

ASX in $553m share issue

MARK SMITH  |  TUESDAY, 11 JUN 2013
The Australian Securities Exchange (ASX) has puts its stock in a trading halt as it looks to raise $553 million to fund a new clearing house service and pay down debt.

Skaffold to set up alert service

ALICE URIBE  |  TUESDAY, 11 JUN 2013
An automated alert service will be added to online equity research product Skaffold, to enable advisers to better track clients' investments.

IFM to cut fees after pricing review

ALICE URIBE  |  FRIDAY, 7 JUN 2013
Industry Funds Management (IFM), which oversees $44 billion in assets, is ready to set a date for its wide-ranging fee reduction, almost two years after announcing a pricing review.