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Investment

Investors direct $42bn to iShares

RESULTS ANNOUNCEMENT  |  THURSDAY, 27 JAN 2011
A year on since the merger of Blackrock and Barclays Global Investors, the US-based company reported strong growth in its exchange traded funds business, with iShares enjoying more than $42 billion of net inflows for the year.

QBE buys CUNA Australia

ASX RELEASE  |  THURSDAY, 27 JAN 2011
QBE Insurance Group has acquired the Australian operations of US-owned CUNA Mutual Group in a deal that increases the insurer's market share in the credit union sector.

Ratings firm expands fund coverage

ELISE BURGESS  |  THURSDAY, 27 JAN 2011
Investment research house Morningstar has started its closed-end funds (CEFs) analyst coverage of 30 individual funds, with plans to expand its qualitative analyst research reports to listed investment companies (LICs) in Australia.

Russell to launch insto ETFs

RUTH LIEW  |  TUESDAY, 25 JAN 2011
Russell Investments this year makes the leap towards providing exchange traded funds (ETFs) for institutional investors, at a time when more super funds are adopting new ways to manage their passive strategies.

QIC donates $100k to flood appeal

ELISE BURGESS  |  TUESDAY, 25 JAN 2011
Queensland-based fund manager QIC has donated $100,000 to the Premier's Flood Relief Fund and is offering a dollar-for-dollar matching staff donations to the fund.

Aust Unity sets its sights on instos

RUTH LIEW  |  MONDAY, 24 JAN 2011
Australian Unity Investments is ramping up its institutional strategy this year.

More tax changes needed to aid local funds: BDO

MEDIA RELEASE  |  FRIDAY, 21 JAN 2011
Advisory firm BDO has raised its concerns on the Government's proposed tax changes on investment income of foreign funds, arguing they do not fully address the tax uncertainties that make Australian capital markets less appealing to overseas investors.

US leading lights report Q4

JOHN MCDULING  |  FRIDAY, 21 JAN 2011
Fourth quarter earnings results from some of the investment industry's biggest names have been the focus of Wall Street this week.

Plum pickings in international equities: K2

JOHN MCDULING  |  FRIDAY, 21 JAN 2011
K2 Asset Management's head of international strategy Nick Griffin believes that a maturing economic recovery will fuel earnings growth and higher international equity prices in 2011.

RBC Dexia bags top rated status

ELISE BURGESS  |  FRIDAY, 21 JAN 2011
RBC Dexia Investor Services earns its fourth consecutive top rated status across four categories in a global survey, with clients praising the custodian's ability to meet their daily and ad hoc requirements.