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Investment

RBF-Tas terminates 452 Capital mandate

RUTH LIEW  |  FRIDAY, 15 OCT 2010
RBF-Tasmania has pulled the plug on investments with 452 Capital following the departure of key investment staff, axing a $170 million mandate with the firm.

Be wary of lowball offer: AUI

JOHN MCDULING  |  FRIDAY, 15 OCT 2010
Australian Unity Investments (AUI) has written to retail and wholesale investors advising them to be wary of an offer from Direct Share Purchasing Corporation (DSC) to purchase units in the Australian Unity Mortgage Income Trust.

No housing bubble: Fidelity

JOHN MCDULING  |  THURSDAY, 14 OCT 2010
Fidelity banks and property analyst Anita Costa told advisers in Sydney yesterday that while she is concerned over housing affordability levels in Australia, there is no property market bubble.

Asset management boosts JPMorgan Q3 earnings

JOHN MCDULING  |  THURSDAY, 14 OCT 2010
Asset management and private banking featured prominently in JP Morgan's results overnight, the first of the major US investment houses to report third quarter earnings.

Good vintage yields strong returns

RUTH LIEW  |  TUESDAY, 12 OCT 2010
The fine wine market index has outperformed the commodity market's CRB Index in the last ten years - giving investors something to toast about when they look for alternative investment opportunities.

Swan weighs in on currencies, promotes reform agenda

JOHN MCDULING  |  TUESDAY, 12 OCT 2010
Speaking at the New York Stock exchange overnight, Treasurer Wayne Swan reaffirmed his commitment to growing the national retirement savings pool and weighed in on the currency wars that are threatening to envelop global capital markets.

Instreet launches geared Aussie equity product

JOHN MCDULING  |  TUESDAY, 12 OCT 2010
Boutique structured product manufacturer Instreet has launched a new product offering self-managed super funds (SMSF's) and other investors leveraged exposure to Australian equities.

Great Southern investors target BABL

MEDIA RELEASE  |  MONDAY, 11 OCT 2010
Around 2,000 Great Southern investors launched a class action in the Federal Court to recover losses from bankers, including Bendigo and Adelaide Bank Limited (BABL), which lent them money to invest in the schemes.

Commercial property regains appeal: survey

ELISE BURGESS  |  MONDAY, 11 OCT 2010
The latest Charter Hall Group Investor Forum survey of approximately 400 Self Managed Super Funds (SMSF) trustees and individual investors found that 55 per cent of investors plan to invest more into listed and unlisted property market this year.

Vanguard launches property ETF

JOHN MCDULING  |  MONDAY, 11 OCT 2010
Vanguard Investments Australia is due to launch property exchange traded funds (ETFs), a new product suite that aims to track the S&P/ASX 300 A-REIT index.