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Investment

Ipac improves 'soft dollar' register disclosure

RUTH LIEW  |  THURSDAY, 25 NOV 2010
AXA-owned ipac Securities has briefed its call centre staff to make its register of alternative remuneration for planners available to members of the public, after a staff member failed to do so following a request.

ASIC shuts illegal FX trading website

ASIC RELEASE  |  THURSDAY, 25 NOV 2010
ASIC has moved to shut down an unlicensed foreign exchange trading website, which is estimated to have raised at least US$76,000 from investors.

VIP hedge funds open doors

JOHN MCDULING  |  THURSDAY, 25 NOV 2010
Investors in Australia are set to gain access to some of the world's most exclusive hedge funds, without having to stump up millions of dollars for the privilege.

Shorten unveils advisory panel

MEDIA RELEASE  |  WEDNESDAY, 24 NOV 2010
Bill Shorten, the Minister for Financial Services and Superannuation, has unveiled a new financial advisory panel to help with the Government's Future of Financial Advice reforms.

Property recovery reignites super fund war

ALEX DUNNIN  |  WEDNESDAY, 24 NOV 2010
Australia's recovering commercial property market fuelling the bounce back in the direct property sector, combined with share returns turning south, has dented the retail super surge and put industry funds back in the market lead.

US insider trading probe rocks hedge fund community

JOHN MCDULING  |  WEDNESDAY, 24 NOV 2010
The US government is turning the screws on the investment community and it could affect firms with significant presences in Australia.

BNY Mellon's Ankura wins Russell Aus Eq mandate

NEWS RELEASE  |  WEDNESDAY, 24 NOV 2010
BNY Mellon Asset Management's Ankura Capital has won an Australian equity mandate from Russell Investments.

IOOF consolidates platforms

RUTH LIEW  |  WEDNESDAY, 24 NOV 2010
IOOF is going through another round of rationalisation within its platforms, systems and other services, following its acquisition of Skandia Australia and merger with AWM.

Lazard targets instos with new EM fund

JOHN MCDULING  |  WEDNESDAY, 24 NOV 2010
Lazard Asset Management has opened up its Developing Markets Equity Fund to Australian institutional investors.

Aviva offers direct SMAs, model portfolios

MEDIA RELEASE  |  TUESDAY, 23 NOV 2010
Aviva Investors has launched a new Separately Managed Account (SMA) service and is offering investors access to model portfolios based on two of its existing managed funds.