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Investment

Macquarie outlook mixed, annuities solid

BY ELISE BURGESS | WEDNESDAY, 8 FEB 2012 12:10PM

Macquarie Group's annuity-style businesses are expected to return 20% higher net profit contribution for FY12 on last year's results, yet not all results were positive as the firm released its moderate outlook and plans for a share buyback.

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AIA snags Acenda head of products

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AIA Australia has welcomed a new head of partnerships, who joined from Acenda after leaving the firm in March.

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