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Investment

Apostle partners with Dundas Global

RACHEL DAVIS  |  MONDAY, 21 MAY 2012
Boutique specialist, Apostle Asset Management, has entered into an exclusive distribution agreement with Dundas Global Investors to offer its Global Equities Strategy to Australian institutional clients.

Investors focus on Russian consumer stocks

MELANIE TIMBRELL  |  MONDAY, 21 MAY 2012
Russian consumer stocks are a favoured investment choice in Eastern Europe now as wealth in the region rises and the average debt burden remains low.

Facebook IPO price raises queries on value

MELANIE TIMBRELL  |  FRIDAY, 18 MAY 2012
Facebook's IPO, priced at $38 per share will raise $16bn in the largest tech IPO in history, yet some local fund managers are questioning the $104bn valuation the price will give the social network.

Plan For Life predicts retail managed fund growth

LINDA HAUSKEN  |  FRIDAY, 18 MAY 2012
Plan For Life's recent forecast of the Australian managed funds market sees retail funds growing $425.9bn by the end of 2021.

AMP Capital buys into SA schools project

LINDA HAUSKEN  |  FRIDAY, 18 MAY 2012
AMP Capital's purchase of the South Australian Schools Public Private Partnership project worth $232 million has been approved.

Deposits the battleground for margins

LINDA HAUSKEN  |  THURSDAY, 17 MAY 2012
Bank deposits are on the rise as challenging global economic conditions increase competition for more diversified and cheaper funding options.

Research: Australian private banks fall behind

MELANIE TIMBRELL  |  THURSDAY, 17 MAY 2012
Australian private banks have fallen behind the UK in satisfaction levels, according to research from CoreData.

Advisers use of ETFs on the rise

LINDA HAUSKEN  |  THURSDAY, 17 MAY 2012
The number of exchange traded funds used by investors is on the rise despite continued market volatility, with up to 70,000 users expected by the end of the year, according to the latest BetaShares/Investment Trends ETF Report.

CBA platforms report solid performance

LINDA HAUSKEN  |  THURSDAY, 17 MAY 2012
The Commonwealth Bank has reported growth in its funds under administration in the first quarter of 2012, with strong net flows into its FirstChoice and Custom Solutions platforms.

UBS launches MySuper designed funds

BEN COLLINS  |  THURSDAY, 17 MAY 2012
UBS Global Asset Management has this week launched two new wholesale products designed with a view to the upcoming MySuper legislative changes and in response to client demand.