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Investment

Instos face debate on EM strategy

MELANIE TIMBRELL  |  FRIDAY, 10 FEB 2012
Institutional investors are facing divided opinion on the merit of an integrated versus a siloed asset strategy to emerging market exposure.

Provident Capital Monthly Income Fund upgraded

RACHEL DAVIS  |  FRIDAY, 10 FEB 2012
The Provident Capital Monthly Income Fund has been upgraded from 3.5 stars to 3.75 stars by specialist research house SQM Research following a recent review of the sector.

New Portfolio Administration Service Launches

RACHEL DAVIS  |  FRIDAY, 10 FEB 2012
privateWRAP, a new portfolio administration service for advisers and investors has been launched.

Intersuisse/ Austock securities buyout goes ahead

CLAIRE MCGREAL  |  FRIDAY, 10 FEB 2012
Singapore- backed Intersuisse Holdings has successfully purchased the securities arm of the Austock Group after nearly two months of talks, resulting in a number of management changes.

Fixed asset allocation outdated: Schroders

MELANIE TIMBRELL  |  THURSDAY, 9 FEB 2012
An unconstrained asset portfolio where allocations are free to move is the best model for the current environment, according to Schroders.

Fears Volcker Rule will hit sovereign bond trading

ALEX DUNNIN  |  THURSDAY, 9 FEB 2012
Central banks are lobbying the US government to relax key aspects of the Volcker Rule that they fear could weaken trading volumes for their sovereign bonds.

Macquarie outlook mixed, annuities solid

ELISE BURGESS  |  WEDNESDAY, 8 FEB 2012
Macquarie Group's annuity-style businesses are expected to return 20% higher net profit contribution for FY12 on last year's results, yet not all results were positive as the firm released its moderate outlook and plans for a share buyback.

IFM wins $500m CalSTRS mandate

ELISE BURGESS  |  WEDNESDAY, 8 FEB 2012
In one of the largest single infrastructure investments by a US fund manager, CalSTRS has awarded a $500 million mandate to Australian manager, IFM, to gain exposure to the global infrastructure market.

La Trobe mortgage fund earns 4 stars

ELISE BURGESS  |  WEDNESDAY, 8 FEB 2012
The La Trobe Australian Mortgage Fund has scored the first 4-star rating in the SQM Research Mortgage Trust Sector review, due to fund performance and consistent returns.

AMP Capital relaunches AXA property fund

ELISE BURGESS  |  TUESDAY, 7 FEB 2012
AMP Capital is set to relaunch a $760 million unlisted retail direct property fund previously withdrawn under AXA Australia management, complete with a new strategy and asset sale.