Triple A launches cryptocurrency fund


A hedge fund industry veteran has partnered with ANZ’s former head of global markets to launch Australia’s first cryptocurrency-focused managed fund, which will give sophisticated investors exposure to em.. Read More

Clime FUM surpasses $500 million


Clime Investment Management has revealed its funds under management (FUM) continued to grow in the September quarter and has exceeded $500 million. The result represented an increase in FUM of about 12 per cent .. Read More

Inflation product no silver bullet: MLC


MLC’s new inflation investment product was not a ‘silver bullet’ for Australian investors seeking a safe haven amid difficult markets, but addressed a number of issues traditional balanced funds str.. Read More

ClearView developing new wealth product


Listed financial services company ClearView Wealth is in the midst of significant plans to improve its operating systems and processes, and is in the development stage for a new wealth product. ClearView head of.. Read More

Wealth Within platform targets advisers, accountants


Financial services firm Wealth Within is in the final stages of signing close to 2000 financial advisers to its next generation investment platform, Global One. Wealth Within managing director Denis Celata yeste.. Read More

Re-education on AREITs needed


The increasing offshore demand for Australian real estate investment trusts (AREIT) was a sign Australian retail investors needed to be re-educated about the benefits of the investment vehicles, a property executive .. Read More

Court puts LM founder’s assets on ice


The founder of collapsed fund manager LM Investment Management has had his assets frozen and been forced to surrender his passport by court order. The Supreme Court of Queensland yesterday ordered Peter Drake be.. Read More

Trust submits scheme draft to ASIC


The Trust Company has presented its draft scheme booklet to the corporate regulator for review, after it confirmed Perpetual received the green light to acquire the company. It was anticipated shareholders in Tr.. Read More

Traditional indices have shortcomings


Traditional indices have potential faults if used by exchange-traded funds (ETF), as many are not tailor-made for investible ETFs. Market Vectors Index Solutions (MVIS) chief executive Lars Hamich said many ETFs.. Read More

Risk factor diversification can rebuild portfolio construction


Portfolio construction that uses a risk factor framework is far superior to traditional portfolio construction in helping investment managers and advisers understand risk within portfolios. According to a joint.. Read More

Equity Trustees considers other acquisitions


Equity Trustees would not get hung up over the potential missed opportunity of acquiring the Trust Company, with the listed financial services firm considering other purchases, its managing director said this week. .. Read More

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