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17 July 2014 • By Reporter • 1 min read

Stay overweight equities, says Mercer

Despite excellent historical returns in recent years, Mercer is advising its clients to retain a "moderate overweight allocation" to growth assets

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ANZ names CFO, insto banking

ANZ has appointed Mary MacLeod as chief financial officer of international and institutional banking. Ms MacLeod will be responsible for managing ...

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Pimco appoints Asia Pacific boss

Global investment management firm Pimco has appointed a new managing director to oversee operations in the Asia Pacific, including Australia

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Murray puts super industry on notice

Industry stakeholders have reacted testily to suggestions by the Financial System Inquiry interim report that superannuation fees lack strong ...

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Technology-focused wraps 'burning cash'

Smaller platform providers that focus on technology tend to be unprofitable, capital-intensive and vulnerable to takeovers by the majors, warns ...

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Mandates driving Perpetual FUM growth

A series of mandates and appointments helped Perpetual expand its funds under management (FUM) in the June quarter. In the financial year to 30 ...

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AllianceBernstein questions passive strategies

While passive strategies may be an appealing option with lower fees and greater simplicity, there is considerable evidence supporting an active ...

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Mirrabooka records $7.8m profit

Mirrabooka Investments has posted a preliminary net operating result of $7.8 million for the financial year ended 30 June 2014 based on financial ...

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Senate votes down FOFA disallowance motion

Labor Senator Sam Dastyari’s initiation of a motion to disallow the FOFA amendments has fallen short, following Senator Cormann’s confirmation of a ...

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Folkestone Maxim AM appoints portfolio manager

Folkestone Maxim Asset Management has appointed Amy Pham as a portfolio manager for the Folkestone Maxim A-REIT securities business. Ms Pham will ...

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