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Investment

Russell reveals details of restructure

MARK SMITH  |  TUESDAY, 23 APR 2013
Russell Investments' Australian business has been structured into three core client facing divisions - investment, private client services and institutional - following a recent shake-up at the company, Asia Pacific chief executive Alan Schoenheimer ...

Fund managers tip great returns on US investments

MARK SMITH  |  TUESDAY, 23 APR 2013
Global investment chiefs have tipped US equities to be the investment darling of the year, according to a survey by Fidelity Worldwide Investment.

Aurora targets retail investors with liquid hedge fund

MARK SMITH  |  MONDAY, 22 APR 2013
The need for daily liquidity is restricting retail investors from satisfying their increasing appetite for alternative investment products, according to Aurora Investment Management.

Henderson acquires 33% stake in 90 West AM

LAURA MILLAN  |  MONDAY, 22 APR 2013
Fund manager Henderson Global Investors (Henderson) has acquired 33% interest in 90 West Asset Management (90 West AM), an Australian-based natural resources investment management firm.

EQT offer is undervalued and opportunistic: The Trust Co

LAURA MILLAN  |  MONDAY, 22 APR 2013
The Trust Company (Trust Co) has rejected the takeover offer from Equity Trustees (EQT) and asked its shareholders to ignore the "materially undervalued and opportunistic offer," in a statement to the Australian Securities Exchange (ASX).

MLC awards mandate to Presima

MARK SMITH  |  FRIDAY, 19 APR 2013
MLC has awarded a significant mandate to Montreal-based global listed real estate boutique Presima, according to an announcement by National Australia Bank (NAB) today.

Australian equity managers overlooking value stocks

MARK SMITH  |  FRIDAY, 19 APR 2013
A bias towards the most defensive stocks in the Australian share market indicates portfolio managers are overlooking significant opportunities in value stocks, according to a new report by van Eyk.

OneVue adds Perpetual first SMA to platform

LAURA MILLAN  |  FRIDAY, 19 APR 2013
OneVue has added the Perpetual Investments separately managed account (SMA) as an investment option on its unified managed account (UMA) platform.

Former Citigroup broker convicted for insider trading

LAURA MILLAN  |  FRIDAY, 19 APR 2013
The Western Australia Supreme Court has convicted a former Citigroup broker for insider trading, following an investigation from the Australian Securities and Investments Commission (ASIC).

State Street beefs up data storage with new division

LAURA MILLAN  |  FRIDAY, 19 APR 2013
State Street has reinforced its data storage and management service with the creation of Global Exchange, a service that allows its clients to access information and analytics in real time.