Tower Trust in New Zealand has been offloaded for NZ$25 million ($22.5 million), after being deemed a non-strategically aligned business operation within the Tower group,...

Treasury Group has taken its fourth stake in a boutique funds management group, with a 35 per cent holding in start-up small cap investment firm, Confluence Asset Managem...

Principal Global Investors has appointed a new managing director to head up its Asian operations, with Sydney-based head of strategic business development Hazel McNeilage...

The distinction between value and growth fund managers has blurred in the domestic market and investors are now reluctant to pay a premium for future growth as their appe...

InTech and BT Financial Group’s multi-manager alliance has been given an encouraging first ever rating by InvestorWeb Research despite a below median performance over the...

Tower Limited confirmed today that Guinness Peat Group (GPG) will act as underwriter to its NZ$210.8 million ($185 million) recapitalisation raising despite the latter ha...

Direct Portfolio Services has completely overhauled its board of directors following a failed coup d’état to oust company founder and chief investment officer John Alders...

The former listed property team at Principal Global Investors (PGI) has unveiled its new boutique property securities funds management company – Pengana Capital – and con...

Van Eyk Research has downgraded one AMP fund and placed another on hold, after negatively reassessing the group’s business management rating and given the uncertainty now...

Macquarie Bank has boosted its alternative investments offering to retail investors with the launch of the Macquarie Forestry Investment (MFI) Fund....