ASX Ltd. is seeking to interest more Australian fund managers in its new equity option initiatives.
John Brogden: Australia on cusp of Asia expansion
Australia’s largest trading partners, China, Japan and South Korea, may agree next year to trial a scheme that will enable Australian funds to sell investment products to Asia.
National Australia Bank, N.Z.’s MMc ink alliance
National Australia Bank Ltd.’s asset servicing unit has embarked on an alliance with New Zealand counterpart MMc Ltd. that will enable Australia’s biggest bank to offer fund administration services across the Tasman.
Editor’s pick #7
The “occupy”movement has a woman problemhttp://t.co/9V1VOl2w White House can’t quite get itself to condemn violence by Egypt military, so urges only “restraint on all sides.” http://t.co/dCy1oFRl Human rights of women and girls at ‘extreme risk’ in nearly half the countries in the world http://t.co/93YKpnPI<
Editor’s pick #6
Ehud Barak’s latest statements on Iran actually exonerate it http://aje.me/rY0khC VIDEO: Tahrir Square ‘part two’ http://bbc.in/vB3zHi Quietly, Google Puts History Online http://nyti.ms/u9U4IL Jose Pimentel Is Charged in N.Y.C. Bomb Plothttp://nyti.ms/uUBqeD Libya: Reported Capture of Abdullah Sanussi http://bit.ly/vJrX30
Aberdeen restructures sales force
Aberdeen Asset Management Ltd. in Australia, which manages $19 billion, has merged its institutional and retail sales team into one after an internal review.
State Street is new Sunsuper custodian
State Street Corp. will be the new custodian for Sunsuper after beating incumbent National Australia Bank Ltd. for a contract worth $25 million over five years.
Troubled bonds may bolster returns
Investors who shun the bonds of economically troubled countries in the euro zone miss dramatic movements that can benefit their portfolios, says Seema Shah, global rates strategist at Principal Global Investors.
Australian funds want responsible investing criteria
Australian funds crave globally recognised responsible investing standards as increasing numbers seek to adhere to environmental, social and governance principals, says AXA Investment Managers.
October offers brief respite for superannuation
October offered a brief respite for a typical Australian superannuation fund but the following months look gloomy for returns because of Europe, said superannuation research firm Chant West.
Abbott talks about Gillard, Rudd & Obama
Australian opposition leader Tony Abbott talks about the relationship between Prime Minister Julia Gillard and foreign minister Kevin Rudd as well as the visit to Australia by U.S. President Barack Obama.
Abbott won’t rescind 12% superannuation
Tony Abbott will not rescind 12 per cent compulsory superannuation if it is passed by parliament.
