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Investment

Perpetual posts results, buy-back option

ELISE BURGESS  |  FRIDAY, 26 AUG 2011
Perpetual Limited posted $62 million NPAT in full year results, down 31%, yet remains optimistic of the impact of its new initiatives, with shareholders also alerted to an upcoming off-market buy-back tender process.

ASX new CEO remains on Tabcorp board

RACHEL DAVIS  |  FRIDAY, 26 AUG 2011
ASX Limited has appointed Elmer Funke Kupper as its new managing director and chief executive but has permitted its new CEO to remain on the board of his previous employer, Tabcorp.

Treasury Group "transformational" year

ELISE BURGESS  |  THURSDAY, 25 AUG 2011
Treasury Group is preparing to expand into the UK and Europe with mature acquisitions on the cards as it releases its full year results, including a 13.9% rise in FUM.

IOOF profits soar despite difficult times

ALISON BEVEGE  |  THURSDAY, 25 AUG 2011
Diversified financial group IOOF has reported statutory net profits after tax have risen by 28.4% to $99.5 million in its annual results released today.

nabInvest secures US firm stake

ELISE BURGESS  |  WEDNESDAY, 24 AUG 2011
National Australia Bank's direct asset management business, nabInvest, has bought up a minority stake in a US global fixed income investment management firm, in a bid to expand its range of asset classes.

Advance embarks on multi-blend approach

ELISE BURGESS  |  TUESDAY, 23 AUG 2011
Advance Asset Management has launched two new funds and reshaped another to maximise its multi-blend approach in alternatives, Asian shares and cash, while getting ahead of competitors by conforming to new regulations.

Asian small caps as emerging markets go mainstream

ALISON BEVEGE  |  TUESDAY, 23 AUG 2011
Research house Lonsec expects product providers to move towards frontier markets such as Africa and small cap Asian equities, as emerging markets become more mainstream, a senior analyst said today.

CFS Global Asset Management creates new emerging market debt team

ALISON BEVEGE  |  TUESDAY, 23 AUG 2011
Colonial First State Global Asset Management is establishing a new team to invest in emerging market debt.

UK pension liabilities bigger than the bank

ALISON BEVEGE  |  TUESDAY, 23 AUG 2011
Falling global equity markets have caused UK pension liabilities to grow in relative size, in one case outstripping the market capitalisation of its parent bank, a Citibank study has found.

CFA results are in for 2500 finance professionals

ALISON BEVEGE  |  MONDAY, 22 AUG 2011
More than 2500 Australian investment professionals have now received their results from the June CFA Institute exams, earning global recognition and certification of their skills.