Never miss an update

Latest news feed

Platinum LIC reaps Asia rewards

Financial Standard - Sep 19, 2017

The Platinum Asia Investments listed investment company saw strong investment gains of 20.21% in the 12 months to June 30. The performance, measured in pre-tax net tangible assets growth, was nonetheless slightly lower than the return delivered by... [Link]

Robotics-themed ETF launched on ASX

Investor Daily - Sep 15, 2017

The ETF Securities ROBO Global Robotics and Automation ETF (ROBO), which tracks the ROBO Global Robotics and Automation Index, began trading on the ASX yesterday. A spokesperson told InvestorDaily that ETF Securities will pay a fee to ROBO Global... [Link]

AFIC boss to step down in December

Investor Daily - Sep 15, 2017

The Australian Foundation Investment Company has announced the departure of chief executive Ross Barker, as well as the identity of his successor. Ross Barker will leave the Australian Foundation Investment Company (AFIC) at the end of 2017 after... [Link]

ETF FUM reaches $30.9b

Money Management - Sep 13, 2017

The Australian exchange traded fund (ETF) industry has reached $30.9 billion in funds under management (FUM) thanks to three quarters of the growth coming from net new money ($644.1 million), according to BetaShares. [Link]

There has been an extraordinary rise in the number of exchange traded funds (ETFs) available to the Australian investor over the past 10 years and their influence on the Australian market has been growing. [Link]

With only seven weeks until its new listed investment trust debuts on the ASX, Magellan's fundraising campaign is firmly in fifth gear. While the Magellan Global Trust's first trading day is October 18, the priority offer for existing Magellan... [Link]

Former US Fed boss Paul Volcker quipped in 2009 that the only useful innovation to come out of the banks over the previous 20 years was the ATM. A similar sentiment could be applied to the funds management industry – has there been a better... [Link]

Hamish Douglass has doubled down on his growth push and says the two biggest opportunities Magellan has in front of it are its low-carbon funds and the chance to crack the "self-directed" retail investor market. [Link]

Adviser, SMSF demand driving LIC growth

Financial Standard - Sep 08, 2017

Financial advisers and self-managed super funds are helping drive the strong demand for listed investment vehicles offering wider asset classes and a more diversified portfolio, according to a MinterEllison report. [Link]

In fund management, specialisation can be a boon. Exotic or illiquid markets often require extra skills and administration. That pushes up the management fees for the fund groups supplying them, and helps them dodge some of the competition from... [Link]

Find a Fund