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Investment

Government applauds ASIC trading rules

MATT WOODINGTON  |  MONDAY, 2 MAY 2011
The Government has given its approval to ASIC's new draft of market integrity rules for equity exchange markets, which includes greater scrutiny on dark pool trading.

Charter Hall targets advisers with SMA

MATT WOODINGTON  |  MONDAY, 2 MAY 2011
Charter Hall Direct Property has officially launched its property securities fund as a separately managed account (SMA) as well as a managed fund, reflecting adviser appetite for direct portfolios.

BTIM FUM down despite overall growth

ELISE BURGESS  |  MONDAY, 2 MAY 2011
BT Investment Management (BTIM) continues its focus on the wholesale market despite recording a $200 million drop in funds under management.

ETF provider soothes market over risk issues

ALISON BEVEGE  |  MONDAY, 2 MAY 2011
Exchange traded fund provider iShares has moved to reassure the market that Australian ETFs are not risky in the wake of warnings from global authorities about transparency and leverage issues.

Financial services boost mixed Macquarie results

MATT WOODINGTON  |  FRIDAY, 29 APR 2011
Macquarie's Banking and Financial Services Group (BFS) generated $275 million in operating profit for the full year to March 31 2011, a 5 per cent increase on its contribution the previous year.

Fund managers follow the herd

ALISON BEVEGE  |  FRIDAY, 29 APR 2011
Global equities fund managers are often choosing the same stocks for their top 10 holdings, research house Lonsec has found in its latest global equity fund sector review.

Computershare gobbles up BNY Mellon shareowner services

ALISON BEVEGE  |  FRIDAY, 29 APR 2011
Investor services firm Computershare will buy BNY Mellon's shareowner services business for US$550 million in the biggest ever purchase for the firm, it told the Australian Stock Exchange today.

Certitude eyes liquidity boost

MATT WOODINGTON  |  WEDNESDAY, 27 APR 2011
Increased investment in managed accounts has enabled fund manager Certitude Global Investments to lift liquidity restrictions on its HFA Diversified Investments Fund (DIF) as of June 30 2011.

CBA funds get small Q1 lift

MATT WOODINGTON  |  WEDNESDAY, 27 APR 2011
Commonwealth Bank of Australia (CBA) registered a 0.2 per cent rise in its funds under administration during the March 2011 quarter and its Retail Life insurance premiums also experienced growth.

Selection the key as mining stocks surge

MATT WOODINGTON  |  WEDNESDAY, 27 APR 2011
Australia's four biggest mining companies generated close to half of the total profits of the ASX's top 50 companies in 2010 but fund managers are highlighting the need to be extremely selective with investments.