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| | | Australian stocks opened flat on Monday, with weakness among gold and metals companies offset by a firmer start from the info tech sector. At 1027 AEDT, the benchmark S&P/ASX200 index was down 0.6 points, or 0.01 per cent, at 4,272.5 points, while the ... |
| | | | Malaysia's number two lender, CIMB Group Holdings Bhd has announced a memorandum of understanding with the Royal Bank of Scotland. The MOU covers the purchase of certain parts of the cash equities, equity capital markets and corporate finance businesses ... |
| | | | Westpac- linked H3 Global Advisers has been awarded a $55 million mandate by Local Government Super in New South Wales, pushing its total assets under management to over $600 million. H3 Global is 45% owned by Ascalon Capital Managers, which is fully ... |
| | | | Smart beta solutions are becoming increasingly popular with global pension funds, according to research from UK advice firm bfinance. Smart beta, which includes fair-value indexing and low-volatility strategies were perceived as a method of reducing ... |
| | | | Perpetual Investments' $5.8bn Industrial Share Fund will have a change in manager with its current head, Matt Williams, to forgo his role leading the fund to focus on his other duties as head of equities. Since 2002, Williams and portfolio manager Charlie ... |
| | | | Australian Reinsurance Pool Corporation has awarded National Australia Bank Asset Servicing division a $740m mandate to provide its custodial services. Australian Reinsurance Pool Corporation (ARPC) will transition the assets under custody to NAB Asset ... |
| | | | MLC has shifted its Australian share strategy manager allocations for its major portfolios to add passive allocations to its investment strategy, replacing Concord Capital with Vanguard Investments among other changes. The MLC Horizon Series of portfolios ... |
| | | | Alternative asset mandates to direct fund managers and global mandates for diversification saw high demand throughout 2011, according to Towers Watson. The trend was consistent across most asset classes, with 2011 forming the final year in a five-year ... |
| | | | Australian Unity Investments has named Fiona Dunn as the new general manager, joint ventures and institutional. Dunn has held a number of senior business advisory roles, as well as being general manager of Perpetual's wholesales business, and was a ... |
| | | | Standard & Poor's has affirmed its 'Strong' rating on the Aviva Investors DSMA offering following nabInvest's acquisition of the investment management firm last year. The affirmation follows recent discussion between the rating agency and the National ... |
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