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Investment

HSBC announces first int'l RMB bond

MELANIE TIMBRELL  |  THURSDAY, 19 APR 2012
HSBC will issue an international 3-year RMB bond, the first to be launched outside Chinese sovereign territories.

Challenger AUM jumps 16pct

ELISE BURGESS  |  THURSDAY, 19 APR 2012
Challenger Limited's assets and funds under management have hit $31.4 billion, jumping 6% since last quarter and a total of 16% since March 31 2011.

$10bn in Asia M&A deals so far in 2012

ALEX DUNNIN  |  THURSDAY, 19 APR 2012
M&A activity in Asia, on the back of economic growth in the region, accounted for $10 billion in deals in the last three months alone, despite this activity being in a dip.

Citi wins elite investment firm mandate

MELANIE TIMBRELL  |  THURSDAY, 19 APR 2012
Citi has won a mandate from Guggenheim Investment Advisory for a suite of services including middle office, fund administration and custody for Guggenheim's hedge fund platform.

Perpetual launches super wrap offer

ELISE BURGESS  |  THURSDAY, 19 APR 2012
Perpetual has launched its Perpetual Private Super Wrap ahead of schedule, as part of its new roll out.

Negative gearing property distortions here to stay

ALEX DUNNIN  |  WEDNESDAY, 18 APR 2012
First home buyers are already being squeezed out of the market by investors and, as residential investment becomes attractive to self-managed super funds, fears are growing the squeeze will get even tighter.

Trust Company focuses on regional integration

MELANIE TIMBRELL  |  WEDNESDAY, 18 APR 2012
The Trust Company has announced annual results of a 12% increase in reported Net Profit After Tax to $12.6 million, with regional integration to be a focus for the coming year.

Citigroup shareholders reject CEO pay

MELANIE TIMBRELL  |  WEDNESDAY, 18 APR 2012
Citigroup shareholders in the US have voted against the bank's plan to pay chief executive Vikram Pandit $15 million.

AMP multi asset fund wins first insto mandate

ELISE BURGESS  |  WEDNESDAY, 18 APR 2012
AMP Capital's multi asset fund has landed its first ever institutional mandate to the value of $55 million from South Pacific-based Tuvalu Trust Fund.

UK manager enters local market

ELISE BURGESS  |  WEDNESDAY, 18 APR 2012
London-based investment house, Advance Emerging Capital, has partnered with Melbourne's AFM Investment Partners to enter the Australian institutional market.