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Investment

Perpetual FUM stable despite KKR bid

JOHN MCDULING  |  WEDNESDAY, 17 NOV 2010
Investors have shrugged off uncertainty surrounding Perpetual Investments' future, with the company reporting that its clients have kept their money with the manager despite a takeover approach last month.

Fin services execs earn big bucks

JOHN MCDULING  |  WEDNESDAY, 17 NOV 2010
The financial services industry's top executives continue to be among the best paid professionals, according to the Australian Financial Review's latest executive salary review.

Perth mint eyes gold investors

ELISE BURGESS  |  WEDNESDAY, 17 NOV 2010
The Western Australian government is making it easier for retail investors to buy gold and silver investments in real-time through a new project spearheaded by the Perth Mint.

ASIC cracks down on CFD trading

RUTH LIEW  |  WEDNESDAY, 17 NOV 2010
ASIC has turned its attention to over-the-counter contracts for difference (CFDs), and is calling for improved product disclosure to help retail investors understand the highly leveraged derivative products they trade.

Lower returns outlook will change allocation choices

ALEX DUNNIN  |  WEDNESDAY, 17 NOV 2010
The lower returns outlook will force trustees to look further afield for capital growth, even into areas that they previously ignored or rejected.

AMP closes in on AXA

RUTH LIEW  |  TUESDAY, 16 NOV 2010
Five out of six AXA Asia Pacific independent directors have approved the sale of the firm to AMP - clearing the path to a merged business with a formidable 3,000-plus adviser network and ranked third largest in platform market share.

Hunter Hall regains ground

ELISE BURGESS  |  TUESDAY, 16 NOV 2010
Fund manager Hunter Hall has outperformed its respective benchmarks across all of its trusts in the year to October, vindicating the group's stockpicking strategies and value investing model.

Suncorp Life sells Tyndall to Nikko AM

ELISE BURGESS  |  TUESDAY, 16 NOV 2010
Suncorp Life will sell Tyndall Investments in Australia and New Zealand to Japanese fund manager Nikko Asset Management for up to $128.5 million.

SAM becomes TransCap

JOHN MCDULING  |  TUESDAY, 16 NOV 2010
Sustainability Asset Management Australia has quietly rebranded itself as Transformation Capital and severed ties with EUR135 billion plus European investment house Robeco.

AMP unveils $6.34 per share bid for AXA

JOHN MCDULING  |  MONDAY, 15 NOV 2010
The worst kept secret in the financial services industry edged closer to reality this morning as AMP announced a fresh bid for AXA Asia-Pacific Holdings.