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Investment

EQT ups offer for Trust Company

LAURA MILLAN  |  TUESDAY, 14 MAY 2013
Equity Trustees (EQT) has issued revised proposal for the acquisition of The Trust Company after its first offer was rejected in favour of a counter offer by Perpetual Limited (Perpetual).

NZ Super offloads mining shares on RE concerns

LAURA MILLAN  |  TUESDAY, 14 MAY 2013
The New Zealand Superannuation Fund (NZ Super) has excluded global mining company Barrick Gold Corporation and its subsidiary African Barrick Gold from its $22 billion investment portfolio on responsible investment grounds.

IM focus at slimmed down Russell

MARK SMITH  |  TUESDAY, 14 MAY 2013
The Australian market's political cost-cutting agenda is to blame for the loss of swathes of financial services jobs, according to Russell Investments managing director Alan Schoenheimer, who is refocusing Russell's business on its investment management ...

AQR Global Risk Premium Trust opens to retail investors

MARK SMITH  |  TUESDAY, 14 MAY 2013
AQR Capital Management (AQR) has introduced a new unit class to its within the AQR Global Risk Premium Trust in a bid to attract Australian retail investors.

Research reveals gender gap in share appetite

MARK SMITH  |  TUESDAY, 14 MAY 2013
Women under the age of 35 have a greater preference for shares than their male counterparts, according to the latest findings of the CFSGAM-UWA Business School Equity Preference Index (EPI).

Managed funds survive ETF growth

LAURA MILLAN  |  MONDAY, 13 MAY 2013
The rise of the exchange-traded funds (ETF) industry does not come at the expense of traditional managed funds, a recent Beta Shares and Investment Trends report found.

London firm Stratton enters Australian market

LAURA MILLAN  |  MONDAY, 13 MAY 2013
London-based investment manager Stratton Street's New Capital Wealthy Nations Bond Fund will available for wholesale and institutional investors for the first time in Australia, with Equity Trustees acting as the responsible entity.

Govt sharpens knife with Swiss tax treaty

JAMES FERNYHOUGH  |  MONDAY, 13 MAY 2013
The government is set an updated tax treaty with Switzerland for the first time since 1980.

Wealth of opportunities for Aussie asset managers overseas

MARK SMITH  |  FRIDAY, 10 MAY 2013
Industry Funds Management (IFM) chief executive Brett Himbury has urged Australian investment managers to take advantage of the huge opportunity of taking their expertise overseas.

The Trust Co recommends Perpetual merger

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
The Trust Company board has recommended unanimously that its shareholders support the Perpetual proposal to acquire 100% of its shares.