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Investment

AMP Capital wins UK pension fund mandate

RACHEL DAVIS  |  THURSDAY, 1 DEC 2011
AMP Capital has won an investment allocation to its Infrastructure Debt Fund from the East Riding of Yorkshire Council Pension Fund.

Quantum launches US residential fund

RACHEL DAVIS  |  THURSDAY, 1 DEC 2011
Australian funds management group Quantum has launched a US residential property fund to invest in single family homes in economically sound cities.

BlackRock wins $3.8 billion VicSuper mandates

RACHEL DAVIS  |  THURSDAY, 1 DEC 2011
BlackRock Investment Management Australia has been appointed to manage almost $4 billion of assets for VicSuper Fund, one of Australia's fastest growing public offer superannuation funds.

Fund managers out-invest school kids

ALEX DUNNIN  |  WEDNESDAY, 30 NOV 2011
At this year's ASX Schools Sharemarket Games, the 60,000 participating school students showed that they have only half the skill of professionals investment managers.

Ventura reduces wholesale funds cost

CLAIRE MCGREAL  |  WEDNESDAY, 30 NOV 2011
Ventura Investment Management has reduced the price for its wholesale funds by up to 25%, following the reappointment of Russell Investments as the funds' investment manager.

The Rock and MyState merger approved

ELISE BURGESS  |  TUESDAY, 29 NOV 2011
The Rock Building Society potential merger with MyState Limited is one step closer after Rock shareholders vote heavily in favour of the move. If it goes ahead, it will create one of Australia's leading listed community-focused financial services groups

MGD Wealth appoints Select to LDI portfolios

ELISE BURGESS  |  TUESDAY, 29 NOV 2011
Select Asset Management has been appointed investment manager of two newly created liability driven investment portfolios by high net worth wealth management and advisory business, MGD Wealth.

OECD: Economy to grow by 4% next year

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
The Organisation for Economic Development (OECD) predicts the Australian economy will continue to grow, by 4% in 2012 and 3.2% in 2013. Although, unemployment is expected to rise slightly next year to 5.3 %.

MLC continues slashing Wrap fees

ELISE BURGESS  |  MONDAY, 28 NOV 2011
MLC has continued cutting its fees in a bid to drive up adviser competition as it unveils its new MLC Wrap pricing structure.

Affinity launches wholesale property fund

RACHEL DAVIS  |  MONDAY, 28 NOV 2011
Melbourne based boutique, Affinity Funds Management has launched a new fund to provide wholesale investors with access to residential property, the largest asset class in Australia.