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| | | Dimensional has won a $45 million Australian equities mandate from private health insurer Medibank Private. With over $170 billion in assets under management worldwide and around $20 billion locally, Dimensional will manage the mandate, which targets ... |
| | | | Austock Group has hired former MINC Financial Services stockbroker, Bruce Rolin, as co-head of institutional sales in its Sydney office. Rolin has more than 25 years experience in financial markets including long-standing directorships with Morgan Stanley ... |
| | | | Lies, damned lies! This was China's response to a Financial Times report that its State Administration of Foreign Exchange (SAFE) met with foreign bankers to discuss reviewing its holdings of Eurozone bonds. SAFE manages Beijing's US$2.4 trillion worth ... |
| | | | The Australian stock market is expected to open higher, following a positive finish on Wall Street and in Europe, and after contract prices for oil, silver and copper ended firmer. At 0728 AEST on the Sydney Futures Exchange, the June share price index ... |
| | | | One of the world's largest fixed-income managers, Western Asset Management, has launched a new absolute return credit fund aimed at exploiting credit opportunities amid volatile markets. Speaking at the Legg Mason Investment Symposium in Sydney yesterday ... |
| | | | Ausmaq has become the first Australian investment platform to use live automated funds transaction processing over SWIFT technology. Mark Candy, general manager client services Ausmaq, said using SWIFT was an extension of the firm's push to drive automation ... |
| | | | TOWER Australia's inforce premium has grown 33 per cent to $946 million, with AustralianSuper's inforce premium representing $110 million at the end of March. Jim Minto, managing director at TOWER Australia, at the firm's first-half profit update, said ... |
| | | | The Australian stock market has received mixed leads from offshore markets, with Wall Street closing weaker but contract prices for oil, gold, silver and copper ending firmer. At 0728 AEST on the Sydney Futures Exchange, the June share price index contract ... |
| | | | MLC has axed Wellington Management Company from its global equities fund manager line-up, and appointed Carnegie Asset Management as its new investment manager. Wellington's mandate was terminated because the firm tended to show "higher turnover than ... |
| | | | PIMCO has tilted its Global Bond Fund towards sovereign bonds in Latin America and Asia, shunning bonds from developed and emerging Europe. Peter Dorrian, head of global wealth management at PIMCO Australia, said Latin America and Asian countries, prior ... |
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