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Investment

AMP Capital fund secures US mandate

CLAIRE MCGREAL  |  WEDNESDAY, 22 FEB 2012
AMP Capital has secured a 37 million euro mandate from its first US pension fund and endowment investor for the AMP Capital Infrastructure Debt Fund.

AllianceBernstein committed to Aus presence

ELISE BURGESS  |  TUESDAY, 21 FEB 2012
AllianceBernstein Australia has reaffirmed its commitment to the home market in the face of a global review by its parent company and rumours that job losses may be on the cards.

Australia doesn't need a SWF

ALEX DUNNIN  |  TUESDAY, 21 FEB 2012
A new report by the Centre for Independent Studies says the Future Fund, Australia's de facto sovereign wealth fund, far from being a fiscally responsible way to rebalance intergenerational equity, is economically flawed.

Not enough US retail hedge funds

ALEX DUNNIN  |  TUESDAY, 21 FEB 2012
US hedge fund promoters that want to grow their businesses should consider developing products for the under serviced retail sector.

PIS contracts Zenith for product and research review

CLAIRE MCGREAL  |  MONDAY, 20 FEB 2012
Professional Investment Services has signed up Zenith Investment Partners to carry out an annual review of its approved product list and internal research process.

BEN announces solid results

ELISE BURGESS  |  MONDAY, 20 FEB 2012
Bendigo and Adelaide Bank has announced an after tax statutory profit of $57.9 million for the six months ending December 31 2011, forecasting a difficult six months ahead due to market volatility and revenue challenges.

Strong half year results for new Challenger boss

CLAIRE MCGREAL  |  MONDAY, 20 FEB 2012
Challenger's new chief Brian Benari has started off his new role on a positive note with the investment management firm posting strong half yearly results.

S&P calls for adviser education on new ETF indices

MELANIE TIMBRELL  |  MONDAY, 20 FEB 2012
Adviser education on the indices underlying new fixed income exchange traded funds is needed to undo damage caused by misinformation on ETFs, according to S&P Indices.

ANZ reaches $1.48bn in three months

ELISE BURGESS  |  FRIDAY, 17 FEB 2012
ANZ has recorded an unaudited underlying profit of $1.48 billion for the three months to December 31 2011, calling it a solid result during a difficult global period with volatility also impacting wealth management.

AMP results show continued AXA impact

ELISE BURGESS  |  THURSDAY, 16 FEB 2012
AMP Limited FY11 results have shown its AXA merge continues to drag on costs with net profit after tax of $688 million, down 11%, for the 12 months to the end of December.