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Investment

CalPERS awards Citi $28bn in securities lending assets

RACHEL DAVIS  |  THURSDAY, 31 MAY 2012
A securities lending auction of US$43 billion in US equities for the California Public Employees' Retirement System has awarded Citi exclusive borrowing access to US$28 billion of the assets.

ASIC sets sights on dark pools

MELANIE TIMBRELL  |  THURSDAY, 31 MAY 2012
The Australian Securities and Investments Commission is exploring a range of alternatives to encourage dark pool participants to first trade on the lit market, issuing draft rules in June to propose requirements for demonstrated price improvement in ...

Treasury Group commits to Evergreen

LINDA HAUSKEN  |  WEDNESDAY, 30 MAY 2012
Treasury Group has acquired a minority equity interest in the absolute return manager, Evergreen Capital Partners.

MLC expands Horizon portfolios

BEN COLLINS  |  WEDNESDAY, 30 MAY 2012
MLC will expand its MLC Horizon Series of portfolios with the introduction of a defensive global shares strategy to be run by a new manager, New York-based International Value Advisers LLC.

Demand for US Treasuries outstrips supply

ALEX DUNNIN  |  WEDNESDAY, 30 MAY 2012
Turbulence in European debt markets is pushing global investors back towards US Treasury bonds, with demand so high that supply can't keep up.

Barings launches Asia dynamic asset allocation fund

ALEX DUNNIN  |  WEDNESDAY, 30 MAY 2012
In what appears to be a sign of the times, Barings Asset Management has reviewed its fund menu and decided close a US fund as it switches more attention to Asia by launching a new retail Asian dynamic asset allocation fund.

NAB winds up private equity arm

MELANIE TIMBRELL  |  TUESDAY, 29 MAY 2012
National Australia Bank will close its Integrated Capital Solutions private equity investment division.

Lazard faces losses on Hastie collapse

MELANIE TIMBRELL  |  TUESDAY, 29 MAY 2012
Private equity firm Lazard is among the Hastie Group creditors facing potential losses, after the engineering firm yesterday entered voluntary administration and operations were suspended.

Private markets providing solid returns

LINDA HAUSKEN  |  TUESDAY, 29 MAY 2012
Institutional portfolios with an allocation to private markets can achieve better risk-adjusted returns in the long term than portfolios invested exclusively in a traditional mix of public stock and bonds, according to new research by Towers Watson.

ASX launches Equity OTC Clear service

LINDA HAUSKEN  |  TUESDAY, 29 MAY 2012
The Australian Stock Exchange has launched Equity OTC Clear, a new service for ASX participants to anonymously report transactions in over-the-counter equity options.