Merrill Lynch Mercury Asset Management hopes to attract $50 million per fund in the medium term for its “Professional Investor” suite of mezzanine priced funds....

Some areas of the financial services industry are sluggish, monopolised and wide open for attack, according to Wizard executive chairman Mark Bouris....

WHK Financial Services has become the latest group to offer its own badged wrap service through BT Portfolio Services....

Colonial First Sate has continued its dream run, topping the 1999 Assirt Service Level Survey....

Is the boom in master trust and wrap services the beginning of the end for ad-visers channelling their clients' money directly into managed funds? ...

State Street Australia has won custody rights to the unit trust business of wholesale group Hopkins Partners Funds Management (HPFM)....

In the US, it pays to be a fund manager who specialises in international funds, works for a mutual fund company and lives in New York. ...

Lend Lease has snared top spot in the latest round of market share figures pub-lished by Assirt....

US financial planners are locked in battle with the Certified Financial Planning (CFP) board of standards over changes to the CFP designation....

Corporate super funds are maintaining market share despite dire pre-dictions from some elements in the financial services industry. Recent figures released by Association...