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Investment

NAB AS wins Maple-Brown Abbott mandate

RACHEL DAVIS  |  WEDNESDAY, 23 MAY 2012
National Australia Bank's Asset Servicing division has been appointed to provide custodial and administration services to Maple-Brown Abbott's retail funds, one of nine new clients the business has won in the past nine months.

Grexit sends investors running for bonds

BEN COLLINS  |  WEDNESDAY, 23 MAY 2012
Australian bond futures prices are higher after the former Greek prime minister's comments that the nation could exit the eurozone prompted traders to move to safe-haven investments.

Australian economy on target for growth: OECD

BEN COLLINS  |  WEDNESDAY, 23 MAY 2012
The Organisation for Economic Co-operation and Development's economic forecast for May 2012 has confirmed that it expects the Australian economy to significantly outperform other OECD economies, this year and next.

Fund giant T. Rowe Price stamps brand in Australian equities

MELANIE TIMBRELL  |  TUESDAY, 22 MAY 2012
Global investment firm T. Rowe Price has launched its Australian equities fund this week, hoping its long-term track record running global equities will appeal to super funds that want a domestic equities portfolio backed by a global outfit.

High yield may mean lower income: CFSGAM

MELANIE TIMBRELL  |  TUESDAY, 22 MAY 2012
Investors have been warned to avoid chasing franking credits and high yield, with new research from CFSGAM showing a traditional focus on income does not provide the best strategy for long-term wealth.

Henderson grows footprint in Asia-Pacific

BEN COLLINS  |  TUESDAY, 22 MAY 2012
Henderson Global Investors has hired industry veteran Rob Adams to spearhead its investment management business in Australia, in line with broader expansion plans.

IMCA: Asset allocation future uncertain

LINDA HAUSKEN  |  TUESDAY, 22 MAY 2012
Discussion around whether traditional strategic asset allocation approaches are still appropriate or whether the industry needs to reframe the way it manages retirement money, dominated an IMCA roundtable yesterday.

Low cost pensions to shake-up UK market

ALEX DUNNIN  |  TUESDAY, 22 MAY 2012
The UK pension fund market is in for a shake-up with a new breed of low cost operators entering the fray with fees from 0.3% pa plus a weekly admin charge.

AIA innovates around adviser feedback

BEN COLLINS  |  MONDAY, 21 MAY 2012
Life insurance specialist AIA Australia has enhanced its Priority Protection product, expanding the product range to include a superannuation income protection option that will allow advisers to offer clients insurance within super.

Investors set to remain cautious: Franklin Templeton

BEN COLLINS  |  MONDAY, 21 MAY 2012
Global investment opportunities will be approached with caution over the next decade, according to a Franklin Templeton Global Investor Sentiment Survey.