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Investment

Provident Capital leaves 3500 investors in limbo

MELANIE TIMBRELL  |  FRIDAY, 6 JUL 2012
The collapse of Sydney-based mortgage lender and fund manager Provident Capital has left 3,500 retail investors at risk of losing more than $100 million.

RARE, Lazard infra funds 'highly recommended' by Lonsec

BEN COLLINS  |  THURSDAY, 5 JUL 2012
Lonsec has branded two infrastructure securities funds from RARE and Lazard as 'highly recommended' in its 2012 review of the sector.

Research key to Asian small caps

BEN COLLINS  |  THURSDAY, 5 JUL 2012
There are opportunities for investors willing to take a research-heavy approach to Asian small cap equities.

GREITS for the best property on the planet

ALEX DUNNIN  |  THURSDAY, 5 JUL 2012
Assembling a properly diversified property portfolio involves global diversification not just local, and that is something only global REITs can deliver because Australian funds simply don't have enough scale to do it themselves.

IOOF awards OC $50m mandate

LINDA HAUSKEN  |  WEDNESDAY, 4 JUL 2012
Melbourne based boutique manager OC Funds Management has been awarded a $50 million small to mid-cap Australian equities multi-mix mandate from IOOF.

Clime added to Macquarie Wrap platform

LINDA HAUSKEN  |  WEDNESDAY, 4 JUL 2012
Clime Investment Management's Clime Australia Growth Value Fund has been added to the Macquarie Wrap platform.

Barclays chief resigns

MELANIE TIMBRELL  |  WEDNESDAY, 4 JUL 2012
Barclays chief executive Bob Diamond has resigned after coming under fire from both politicians and regulators in the wake of the Libor interest rate fixing scandal.

BlackRock to buy private equity business

MELANIE TIMBRELL  |  WEDNESDAY, 4 JUL 2012
US investment manager BlackRock will acquire Swiss Re's European private equity and infrastructure fund of funds franchise, Private Equity Partners.

Falling bond yields, low growth, subdued returns

ALEX DUNNIN  |  WEDNESDAY, 4 JUL 2012
Yields on Australian government 10-year bonds plummeting to record lows points to investors expecting near negligible economic growth in the foreseeable future.

Perpetual sells registry business

BEN COLLINS  |  TUESDAY, 3 JUL 2012
Perpetual has sold its registry business to specialist back-office administrator MainstreamBPO as part of its wider restructure.