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Investment

ASIC cautions industry after US broker tweeted into suspension

ELISE BURGESS  |  TUESDAY, 19 JUL 2011
Australian financial services professionals must be vigilant with their web presence as regulators close in on the social spaces to ensure fair trading and no misconduct.

BTIM extends global presence with $10bn manager buy

MATT WOODINGTON  |  TUESDAY, 19 JUL 2011
BT Investment Management will reduce its reliance on Australian revenues by acquiring London-based J O Hambro Capital Management in a $314 million deal that gives it access to a host of new markets.

Institutional appetite for RMBS behind lender acquisition

MATT WOODINGTON  |  MONDAY, 18 JUL 2011
ASX listed Firstfolio has agreed to acquire non-bank mortgage lender Calibre Financial Services amid plans to tap the growing demand from institutional investors to take part in residential mortgage backed securities (RMBS) issues.

Instos go direct as hedge funds industry moves

MATT WOODINGTON  |  MONDAY, 18 JUL 2011
Institutions are seeking direct and customised hedge fund investments in favour of commingled fund of hedge funds, as the alternative asset class attempts to reinvent itself.

Continuum sees value as active managers scrape past benchmark

MATT WOODINGTON  |  FRIDAY, 15 JUL 2011
Continuum Capital Management has value opportunities in its short-term sights after Mercer confirmed its aggressive Australian shares strategy as the best performing long only fund last financial year.

Consultant warns super funds on alternative rush

MATT WOODINGTON  |  FRIDAY, 15 JUL 2011
Institutional investors are in danger of allocating too much capital to alternatives, with "genuine assets" thin on the ground and often overpriced, according to investment consultant Chris Condon.

Credit hits the fan as Moody's puts US on downgrade watch

ALISON BEVEGE  |  THURSDAY, 14 JUL 2011
Major credit ratings agency Moody's Investors Service has placed the US on a review for possible downgrade prompting US Federal Reserve chairman Ben Bernanke to issue dire warnings on the global impact a US debt default would have.

Rainmaker reveals 2011 Sales & Marketing Excellence Awards

MATT WOODINGTON  |  THURSDAY, 14 JUL 2011
Challenger emerged as the biggest winner from the 2011 Rainmaker Sales & Marketing Excellence Awards Dinner last night, picking up three awards, while PIMCO, Legg Mason and AustralianSuper each scooped two.

nabInvest makes first move in global equities

ELISE BURGESS  |  THURSDAY, 14 JUL 2011
nabInvest has taken its first steps into the global equities management space, acquiring a stake in a US fund manager.

ASIC heats up insider trading investigations

ELISE BURGESS  |  THURSDAY, 14 JUL 2011
Australian Securities and Investments Commission (ASIC) has put the corporate advice world on high alert after releasing a report stating it has doubled its investigations into insider trading in the past year.