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Investment

Harvard defies critics with 21% return

ALEX DUNNIN  |  FRIDAY, 23 SEP 2011
Harvard Management Company, the entity that manages Harvard Endowment Fund's assets, has again defied its critics and posted a stunning 21.4% return for the 12 months to end June 2011, bringing their 20-year average annual return to almost 13%.

Hunter Hall Asian value fund earns three stars

MATT WOODINGTON  |  THURSDAY, 22 SEP 2011
Hunter Hall's Asian Value Trust has earned a three star 'NEW' rating from Standard & Poor's, which acknowledged the benchmark unaware qualities of the fund.

Qantas Super makes delayed fund departure

MATT WOODINGTON  |  THURSDAY, 22 SEP 2011
Qantas Super has sold its 50% stake in value manager Constellation Capital, three years after deciding it wanted to exit the business.

Perpetual: fixed income is back

ELISE BURGESS  |  THURSDAY, 22 SEP 2011
Fixed income and credit markets are coming back in style while better portfolio diversification is needed for most investors, according to Perpetual Investments.

nabInvest buys equities start-up stake

MATT WOODINGTON  |  TUESDAY, 20 SEP 2011
nabInvest has continued its acquisitive streak by turning its attention to a Sydney based start-up, acquiring a non-controlling stake in quantitative based equities specialist Redpoint Investment Management.

Instos urged to grab sovereign debt chance

MATT WOODINGTON  |  MONDAY, 19 SEP 2011
Institutional investors can profit from the European sovereign debt crisis by putting together a diversified portfolio of credit and capitalising on a more favourable risk reward profile, said Towers Watson's global head of fixed income manager research.

Psychological asset classes run investors

ELISE BURGESS  |  MONDAY, 19 SEP 2011
Gold, silver and US Treasury bonds are all psychological asset classes that will eventually burn investors, according to a chief investment strategist.

Manager tenure impacts success: S&P

ELISE BURGESS  |  MONDAY, 19 SEP 2011
In a study of long-only Australian equity funds, Standard & Poor's found the duration a portfolio manager remains with a fund manager is influential on the success of the fund itself, with consistent returns being a main benefit.

Insto investors stand by equity risk models

MATT WOODINGTON  |  FRIDAY, 16 SEP 2011
Global institutional investors believe that employing a variety of equity risk models is a key component of portfolio construction, retaining faith in them to help during a financial crisis, according to an MSCI survey.

Perpetual shuts $1bn mortgage funds to focus on income

MATT WOODINGTON  |  FRIDAY, 16 SEP 2011
Perpetual is closing its suite of mortgage funds, which have around $1 billion in funds under management, turning its attention to commercial mortgage lending and a secured private debt series for retail investors.