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Investment

Alphinity backs growth in energy sector

ELISE BURGESS  |  WEDNESDAY, 18 APR 2012
Alphinity Investment Management expects Australia will experience 4% steel growth in 2012 but picks the energy sector as where the real growth can be found.

MLC adds strategies, lowers share exposure

ELISE BURGESS  |  WEDNESDAY, 18 APR 2012
MLC has continued its spree of asset allocation changes with news of two new strategies for four of its MLC Horizon Series, including allocations to three managers and limiting its exposure to global shares.

Russell rethinks indices on expected bank windfall

MELANIE TIMBRELL  |  TUESDAY, 17 APR 2012
Russell Investments has reconstituted the Australian high dividend and high value indices in favour of banking stocks ahead of reporting season.

BNP Paribas IP, MFS part ways

ELISE BURGESS  |  TUESDAY, 17 APR 2012
BNP Paribas Investment Partners Australia and MFS Investment Management are ending their alliance for the distribution of MFS investment products across Australia and New Zealand.

Australian finance sector jobs plummet

MELANIE TIMBRELL  |  TUESDAY, 17 APR 2012
Australia has experienced the biggest Asia Pacific slowdown in finance sector jobs in Q1, according to research from website eFinancial Careers.

US retains World Bank leadership

ELISE BURGESS  |  TUESDAY, 17 APR 2012
World economies have reacted to news the US has retained its hold of the presidency of the World Bank following a vote.

Rainmaker releases 2012 platform report

RACHEL DAVIS  |  TUESDAY, 17 APR 2012
The platform market is increasingly dominated by its leading players which are now harnessing their grip on its distribution channels to create a vertically integrated wealth management eco-system, according the just released 2012 Rainmaker Platform ...

Australian private wealth firm selects US property

MELANIE TIMBRELL  |  MONDAY, 16 APR 2012
Funds management firm Equiti Capital Limited has purchased a 168 apartment complex in Texas for $7.35 million to take advantage of favourable US funding conditions.

Aubrey lands Skandia mandate

ELISE BURGESS  |  MONDAY, 16 APR 2012
Treasury Group backed global equities boutique, Aubrey Capital Management, has secured a $30 million mandate from Skandia Investment Group.

Managers up risk on improved sentiment

MELANIE TIMBRELL  |  MONDAY, 16 APR 2012
Manager sentiment was up in Q1 causing a strong swing to growth assets, according to a survey by global asset manager Russell Investments.