BT Investment Management increased full-year profit 72 per cent as equity and credit markets improved. Net profit rose to $21.8m for the 12 months to September 30 compared with $12.7m in the prior corresponding period, Sydney-based BT Investment said in a statement on Monday. (Sydney Morning Herald)

Prime Minister Julia Gillard has signalled a warning to the coalition not to destroy bi-partisan support for foreign investment over the proposed takeover of the Australian Stock Exchange (ASX) by its Singapore counterpart. (Sky News)

Singapore Exchange’s (SGX) proposed $8.4bn takeover of its Australian counterpart would make the combined entity the Asia-Pacific region’s premier exchange-traded funds (ETF) hub, benefiting local financial planners. (Investor Daily)

ANZ chief executive Mike Smith doubts the bank will be able to replicate the 53 per cent profit rise announced last week. But he is confident it can lift its return on equity in the coming years. (The Australian)