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Investment

Lonsec: Australian equity markets ready to rebound

LINDA HAUSKEN  |  THURSDAY, 3 MAY 2012
Australian equity markets are ready to rebound following the RBA's rate cut this week, according to research house Lonsec.

The revival of stock picking

MELANIE TIMBRELL  |  THURSDAY, 3 MAY 2012
Despite the poor returns of a long/short equity strategy last year, stock picking is the area in which to make the best money in the current environment, according to a bold prediction from fund of hedge fund manager Fauchier Partners.

BTFG cash earnings down, FUM increases

MELANIE TIMBRELL  |  THURSDAY, 3 MAY 2012
BT Financial Group has reported first-half cash earnings of $294 million, down 19% on the previous half and 14% on the prior corresponding period.

S&P Indices expands fixed income

MELANIE TIMBRELL  |  WEDNESDAY, 2 MAY 2012
S&P Indices has expanded its S&P/ASX fixed income series and introduced intraday pricing to the Australian market.

Wealth down as ANZ records bumper profit

MELANIE TIMBRELL  |  WEDNESDAY, 2 MAY 2012
ANZ Bank has reported a first-half cash profit of $2.97 billion, in results that saw Wealth division profits decline by 9% amid recent layoffs.

CAER and GBST launch new ESG tool

LINDA HAUSKEN  |  WEDNESDAY, 2 MAY 2012
CAER and GBST have launched a new tool, aimed at assisting super funds and fund managers in managing environmental, social and governance risk.

Hedge fund investors win in fees makeover

LINDA HAUSKEN  |  WEDNESDAY, 2 MAY 2012
Only around one-third of outperformance from skill should go to hedge fund managers in the form of fees, with the rest going to the investor according to new research from Towers Watson.

SFG makes Victorian acquisition

BEN COLLINS  |  WEDNESDAY, 2 MAY 2012
SFG Australia has entered into agreements to purchase the businesses of Life Financial Services, a financial advice firm and related entity Spencers Accountants, both of which are based in Victoria.

Property syndicates attracting overseas investment

BEN COLLINS  |  WEDNESDAY, 2 MAY 2012
Retail investors are seeking securely-leased long term assets, according to Charter Hall Direct Property which said that this is an asset class also favoured by cash rich overseas investors.

Future Fund returns 5.4pc for Q1

BEN COLLINS  |  WEDNESDAY, 2 MAY 2012
The Future Fund yesterday released its portfolio update for the quarter ending 31 March 2012, showing a return for the quarter at 5.4% and 2.2% for the financial year to date.