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| | | State Street, one of the true global investment management giants, reported third quarter results overnight, with the Boston-based company growing profits compared to both the previous quarter and last year. Assets under management rose to US$1.9 trillion ... |
| | | | For a while there I thought that October would just sail past smoothly - just like this year's September proved that it is not always the worst month for equities. Disappointment was all over Wall Street overnight - big time with its tree major stock ... |
| | | | While Australian board responsibility may be high, standards fall behind global competitors in terms of carbon pricing and reduction targets. ASX100 companies executive responsibility for climate change reaches 94 per cent, ranking Australia third in ... |
| | | | Colonial First State Global Asset Management (CFSGAM) has won its first Institutional $30 million Global Resources mandate from Non-Government Schools Super (NGS). The mandate, designed to meet NGS' fund objectives, will focus on the drivers and benefits ... |
| | | | The ACTU has called on industry funds to keep lowering their fees or risk losing one of their key competitive advantages over retail funds. Tim Lyons, assistant secretary of the Australian Council of Trade Unions said one of the top challenges facing ... |
| | | | Financial planners could enjoy the double whammy of higher wages and a larger client base due to the rising Australian dollar, a new survey shows. Paul Barbaro, executive general manager of Alliance Recruitment, said employers are "meeting wage demands ... |
| | | | One of the country's largest fixed interest managers raises the ante in the race to provide investors with income protection against rising inflation. After a brief period of incubation, Queensland Investment Corporation (QIC) has opened the QIC GFI ... |
| | | | Researcher van Eyk has given Chinese equities a "high-medium" risk rating in its first review of the market. "Compared with developed equities markets, the Chinese equities market tends to exhibit higher volatility and its performance is driven more ... |
| | | | Six months after Philip Mussared became chief of the $3.4 billion RBF-Tasmania, the fund is undergoing a restructure which involves a nationwide search for six key executives, including a chief investment officer. The Retirement Benefits Fund of Tasmania ... |
| | | | RBF-Tasmania has pulled the plug on investments with 452 Capital following the departure of key investment staff, axing a $170 million mandate with the firm. Philip Mussared, chief executive of RBF-Tas, said the $3.4 billion fund is going through the ... |
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