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Investment

UBS: Diversify to prevent fatigue

RACHEL DAVIS  |  FRIDAY, 16 DEC 2011
Markets remain turbulent with persistent worries over Europe but the Union will "make up, not break up", according to George Boubouras from UBS. However, investors should remain diversified across all asset classes to protect from "fatigue".

RREEF Infrastructure acquires Aus gas interest

RACHEL DAVIS  |  THURSDAY, 15 DEC 2011
RREEF Infrastructure, the global infrastructure investment management business of Deutsche Bank has entered into an agreement to acquire a 40% interest in the Brisbane gas distribution business ALLGAS from APA Group

OneVue to build consumer platform

RACHEL DAVIS  |  THURSDAY, 15 DEC 2011
OneVue will create an intermediated consumer platform for members of the Australian Medical Association, of which there are 26,000 nationwide.

Principal Global secures Advance Asset mandate

RACHEL DAVIS  |  WEDNESDAY, 14 DEC 2011
BT owned, Advance Asset Management has awarded a $150 million mandate to Principal Global Investors for its global REITS strategy.

Aussies have more faith in super: Mercer

CLAIRE MCGREAL  |  WEDNESDAY, 14 DEC 2011
Australians are the happiest they've been with the super funds since December 2008, according to new research from Mercer.

Ascalon partners with Hong Kong manager

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
Ascalon Capital Managers has furthered its presence in Asia, forming a partnership with a Hong Kong-based alternative manager, Athos Capital.

Perpetual changes distribution focus

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
Perpetual Limited is set to readjust its focus on the retail funds market, research and ratings houses through changes to its investment product distribution function in order to overcome past challenges in its distribution.

Advance Asset awards mandate to property group

ELISE BURGESS  |  MONDAY, 12 DEC 2011
Advance Asset Management has awarded a mandate for an undisclosed sum to Phoenix Portfolios, partly-owned by ASX-listed Cromwell Property Group, to manage its Advance Property Securities Multi-Blend Fund.

AUI winds up High Yield Mortgage Trust

CLAIRE MCGREAL  |  MONDAY, 12 DEC 2011
Australian Unity Investments has begun winding up its High Yield Mortgage Trust following poorer than expected returns to investors in the current investment climate.

UBS: Stocks gaining momentum

ELISE BURGESS  |  FRIDAY, 9 DEC 2011
Consumer and domestic stocks may be making a comeback as cyclical indicators improve, according to UBS's chief economist.