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Investment

Earnings on the up for industrials

MELANIE TIMBRELL  |  FRIDAY, 2 MAR 2012
As the reporting season ticked on, outlook for industrial stocks improved, although the performance of superannuation funds continues to be impacted by heavy equity exposure, according to a Deutsche Bank strategist.

RBS signs MOU for sale of Asian assets

MELANIE TIMBRELL  |  FRIDAY, 2 MAR 2012
Malaysia's number two lender, CIMB Group Holdings Bhd has announced a memorandum of understanding with the Royal Bank of Scotland.

Fiducian posts sustained half year results

CLAIRE MCGREAL  |  FRIDAY, 2 MAR 2012
Fiducian has posted half yearly after tax profits of $1.44 million, with an operating profit after tax of $2.195 to June 30, 2011.

Attitude overhaul needed: Perpetual

ELISE BURGESS  |  FRIDAY, 2 MAR 2012
An attitude overhaul is needed across the industry to retain investor confidence and get investments back on track, according to Perpetual, with asset allocation severely undervalued.

Global govt bonds downgrade: Towers Watson

MELANIE TIMBRELL  |  FRIDAY, 2 MAR 2012
Towers Watson has downgraded intermediate global developed market government and inflation-linked bonds to 'highly unattractive,' saying risk premiums no longer compensate long-term investors for duration risk.

NAB Asset Servicing wins APRC mandate

ELISE BURGESS  |  WEDNESDAY, 29 FEB 2012
Australian Reinsurance Pool Corporation has awarded National Australia Bank Asset Servicing division a $740m mandate to provide its custodial services.

Austerity's political pay-off

MELANIE TIMBRELL  |  WEDNESDAY, 29 FEB 2012
Deleveraging in US and Europe is going to be painful and will require courageous actions from politicians that run against the grain, according to head of global investment solutions at UBS.

Growth in popularity of lifecycle strategies: PIMCO

CLAIRE MCGREAL  |  WEDNESDAY, 29 FEB 2012
Super funds will increasingly move toward strategies such as lifecycle strategies that de-risk an investor's portfolio as members near retirement, according to PIMCO.

Hedge fund FUM to hit $2.3 trillion by year end

ALEX DUNNIN  |  WEDNESDAY, 29 FEB 2012
A Deutsche Bank survey of global hedge fund managers finds they expect their combined FUM to climb to $2.3 trillion by the end of 2012.

Acquisitions and cost savings key for SFG

MELANIE TIMBRELL  |  TUESDAY, 28 FEB 2012
SFG Australia, formerly Snowball Group, has posted positive revenue and earnings on the back of cost savings and acquisitions, although flat markets have impacted funds under advice and administration.