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Investment

Provident Capital reaffirms solvency

MELANIE TIMBRELL  |  WEDNESDAY, 20 JUN 2012
Provident Capital has reassured investors the company is solvent and that there are sufficient net tangible assets to meet its obligations following last week's action in the Federal Court by the trustee for mortgage debenture holders.

Business wary of PE: PwC

BEN COLLINS  |  MONDAY, 18 JUN 2012
Businesses are wary of sourcing funding from private equity investors, according to research released today by PricewaterhouseCoopers.

BetaShares ETFs recommended by Zenith

LINDA HAUSKEN  |  MONDAY, 18 JUN 2012
BetaShares Australian High Interest Cash and Gold Bullion ETFs have been rated 'recommended' by Zenith.

SWFs to reach $30tr in 20 years

ALEX DUNNIN  |  MONDAY, 18 JUN 2012
Sovereign wealth funds (SWF) have grown to US$5 trillion but still account for just 6% of world funds under management, according to new research from Rainmaker.

Fin services GDP share to shrink by 2050

ALEX DUNNIN  |  FRIDAY, 15 JUN 2012
The information communication technology revolution will propel Australia by 2050 to become a $4 trillion digital economy but the productivity, disintermediation and globalisation forces it will unleash on financial services may, perversely, see the ...

ATO warns on structured products

MELANIE TIMBRELL  |  FRIDAY, 15 JUN 2012
The Australian Tax Office has issued a warning on sophisticated structured financial products that claim to offer franking credits among tax benefits to investors.

IMCA names CIMA scholarship winners

LINDA HAUSKEN  |  FRIDAY, 15 JUN 2012
The Investment Management Consultants Association Australia has named the winners of its annual CIMA scholarship.

HSBC invests $100m in water

MELANIE TIMBRELL  |  FRIDAY, 15 JUN 2012
HSBC Group has announced a five-year global investment of $100 million in water following findings that by 2050 the GDP of the top 10 river basins will exceed that of the USA, Japan and Germany combined.

All eyes on Germany ahead of Greek elections

BEN COLLINS  |  FRIDAY, 15 JUN 2012
National elections at the weekend will be crucial in deciding if Greece stays in the eurozone or not, with polls indicating that left-wing party Syriza is on equal standing with pro-austerity party New Democracy.

Volatility hits managed funds despite March boost

MELANIE TIMBRELL  |  THURSDAY, 14 JUN 2012
Retail managed funds grew by $22.4bn during the first quarter taking the total to $510.5bn for the year to March, down 1.8% on the corresponding 2011 figure.