06/02/2014

ADB welcomes USD50bn Chinese fund

A majority of shares in the ADB are held by Japan and the United States and the leadership of the bank has been held by the Japanese for a number of years.

06/02/2014

Funds manager IOOF emerges as the quiet achiever

You might have missed it. But late last month a Melbourne-based group quietly stitched up a deal to become the third largest investment adviser in the nation with its $670 million purchase of Shadworth Financial Group Australia.