10/23/2014

Cambridge creates new hedge fund role

Investment consultancy Cambridge Associates has named its first head of hedge funds for Australia and New Zealand as it sees demand for the asset class rises in those countries.

10/23/2014

Nikko hands $175m mandate to AMP Capital

AMP Capital has won a A$175 million mandate from Nikko Asset Management Australia to manage a concentrated equity portfolio on behalf of its multi-manager team.

10/23/2014

SMA platform award winner announced

Brad Wood, director of Astute, a financial planning group that recently adopted Praemium’s SMA platform, said SMAs were “the future” in the financial services sector.

10/23/2014

HKEx Group and China Merchants Group sign MOU

"This MOU is an important step for HKEx Group and China Merchant Group companies as we look to develop new products and services to complement our existing businesses," said Mr Lamba. "

10/21/2014

AMP creates global infra platform

AMP Capital has created a global infrastructure platform by combining a new Global Infrastructure Fund with its existing Strategic Infrastructure Trust of Europe (SITE).

10/21/2014

Bitcoin exchange goes live

Bitcoin enthusiasts who want to trade the controversial cryptocurrency in a formal setting can now do so, with the launch of Independent Reserve's Bitcoin exchange.

10/17/2014

NAB life insurance sale could reap $1.5bn

The Australian bank’s life insurance unit has been the subject of intense speculation over the past fortnight, with reports NAB has tapped JPMorgan to potentially sell the struggling division.