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Investment

CBA wealth arm boosts profits

MATT WOODINGTON  |  WEDNESDAY, 9 FEB 2011
Commonwealth Bank reported solid results for 2010, buoyed by the strong performance of its funds management business.

US reforms open doors for tax-savvy advice

MATT WOODINGTON  |  WEDNESDAY, 9 FEB 2011
Financial planners in the US have welcomed proposed reforms that will call to an end a government ruling that stops them from recommending certain tax strategies.

Macq gives update on US arm

MATT WOODINGTON  |  TUESDAY, 8 FEB 2011
Homegrown fund manager, Macquarie Funds Group, now among the largest Australian-based asset managers after it bought US-based fund manager Delaware in January last year, gives an optimistic update on its overall wealth management business.

Instreet taps adviser demand for commodities

INSTREET UPDATE  |  TUESDAY, 8 FEB 2011
Boutique investment house Instreet has launched a series of new products designed to give investors access to commodities, Asian equities and Australian equities.

Year of the Rabbit, year of acquisitions: survey

ELISE BURGESS  |  TUESDAY, 8 FEB 2011
Seven out of 10 investment analysts are bullish about the prospects of Asian companies this year and expect many of these cashed-up businesses to grow through acquisitions and palm excess cash as higher dividends to shareholders, a survey found.

Cashed-up China eyes US investments

Since the GFC, the investment traffic flow has been all one way from Europe and the US into Asia, but signs are emerging that US investment opportunities are attracting Asian interest.

Aus equities forecast to return 20pc

MICHELLE BALTAZAR, MATT WOODINGTON  |  MONDAY, 7 FEB 2011
The S&P/ASX200 index, currently sitting at around 4,800 points, could reach 6,000 this year, company director and well-regarded economist Don Stammer told the audience of last week's Financial Standard Chief Economists Forum.

Apostle picks up $50m, signs H2O

ELISE BURGESS  |  FRIDAY, 4 FEB 2011
Apostle Asset Management has secured a $50 million funding into Loomis Sayles and signed a new distribution partnership with London-based boutique, H2O Asset Management.

Global REITs to gain double-digits: INGIM

MATT WOODINGTON  |  FRIDAY, 4 FEB 2011
Total returns for global real estate investment trusts (REITs) this year could be as high as 12 per cent with dividends yielding around 4 per cent. The healthiest dividend payouts are likely to come from the US, research from fund manager INGIM shows.

Fin services execs rock 'n' roll for charity

The Financial Industry Community Aid Program (FICAP) is aiming to hit their $500,000 fundraising mark at the 5th annual 'Who wants to be a RockStar' event this year.