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Investment

Active risk under spotlight

MELANIE TIMBRELL  |  MONDAY, 14 MAY 2012
Seeking out mid-range tracking error in combination with persistent excess returns is necessary to address the diluted level of active risk pension funds are carrying.

Budget increase may damage property business growth

RACHEL DAVIS  |  MONDAY, 14 MAY 2012
An increase in the withholding tax rate for international investors could damage the growth prospects of the Australian property investment management business, according to Atchison Consultants

Asian private equity grows rapidly

ALEX DUNNIN  |  MONDAY, 14 MAY 2012
Economic global weight shifting towards Asia is being accompanied by rapid development in the Asian private equity market.

Centro MCS proposes DPF wind-up

MELANIE TIMBRELL  |  FRIDAY, 11 MAY 2012
Centro MCS has informed unitholders of the proposed wind up and termination of its Centro Direct Property Fund.

Hastings consortium snaps up de-sal plant

MELANIE TIMBRELL  |  FRIDAY, 11 MAY 2012
An international consortium including the Ontario Teachers Pension Plan and two funds owned by Westpac subsidiary Hastings Funds Management has signed off on a $2.3bn deal to lease the NSW desalination plant.

NAB Asset Servicing wins JCP Mandate

BEN COLLINS  |  FRIDAY, 11 MAY 2012
National Australia Bank's Asset Servicing division has been awarded the mandate to provide custodial services to investment manager JCP Investment Partners.

APFG hits back at claims

BEN COLLINS  |  FRIDAY, 11 MAY 2012
The Australian Property Growth Fund has refuted reports that it conducted a "scare campaign" to retain property funds, the remaining part of the Austgrowth property syndicates portfolio.

Bentham attracts new super mandates

BEN COLLINS  |  THURSDAY, 10 MAY 2012
Fidante Partners' boutique, Bentham Asset Management, has secured four new super fund mandates worth over $120 million in the last quarter.

My Public Accountant goes live

ALEX DUNNIN  |  THURSDAY, 10 MAY 2012
In one of the most innovative developments by a professional association, the 20,000-strong Institute of Public Accountants is repackaging its professional member services in a move it expects will transform how public accountants connect with their ...

Insurance lapses impact on NAB Wealth results

BEN COLLINS  |  THURSDAY, 10 MAY 2012
National Australia Bank has released its 2012 Half Year Results, with NAB Wealth's cash earnings before IoRE down $10 million or 3.7% compared to March 2011, predominantly the result of an increase in insurance lapses.