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Economics

Baby steps

BY BENJAMIN ONG | MONDAY, 22 FEB 2010 9:10AM

"Like the closure of a number of extraordinary credit programs earlier this month, these changes are intended as a further normalization of the Federal Reserve's lending facilities."

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Editor's Choice

Australia's retirement system receives first A-grade

KARREN VERGARA | 11:59AM

Australia's retirement system has finally received an A-grade rating in the annual Marsh CFA Institute Global Pension Index after stagnating at the B+ level for the last five years.

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KARREN VERGARA | 12:00PM

Not-for-profit fund Brighter Super has introduced numerous changes to its fees, decreasing investment fees while increasing insurance costs.

Channel Capital wins distribution mandate

MATTHEW WAI | 11:58AM

Channel Capital has been appointed by Coller EQT to distribute, promote and service investor support to the two secondaries strategies currently available in Australia.

Perpetual asset management outflows hit $9.6bn

VINNY VUCAGO | 11:49AM

Perpetual's asset management business recorded $9.6 billion in net outflows during the September quarter, weighing on funds under management as its Corporate Trust Division reached a record $1.4 trillion in funds under administration.

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