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Investment

SSgA hits $45m in 24 hours

RUTH LIEW  |  THURSDAY, 30 SEP 2010
State Street's new high dividend yield ETF has amassed over $45 million in FUM from investors a day after the strategy was listed on the ASX.

ADB inaugural clean energy bond sale

ELISE BURGESS  |  THURSDAY, 30 SEP 2010
The Asian Development Bank (ADB) continues its support of clean energy projects after the sale of its first clean energy bonds for AU$239 million.

Super funds flex muscle on alternative asset fees

JOHN MCDULING  |  THURSDAY, 30 SEP 2010
Super funds are becoming increasingly flexible when structuring fees for their alternative investments, said Ray King, director of Sovereign Investment Research.

Busting myths on alternatives: JANA

RUTH LIEW  |  WEDNESDAY, 29 SEP 2010
A prominent asset consultant told an ASFA luncheon audience yesterday that just because a particular investment is listed on the market doesn't make it "right" in a portfolio, or better than its unlisted alternatives.

Sutton seeks global eq managers

RUTH LIEW  |  WEDNESDAY, 29 SEP 2010
Australia-based fund managers looking to win global equities and bonds mandates can turn to the UK's Sutton Council, which is looking to award up to $200 million in mandates.

Commercial property sales rebound: CBRE

JOHN MCDULING  |  WEDNESDAY, 29 SEP 2010
Commercial property transactions above $5 million rebounded to $2.6 billion in the third quarter, up 268 per cent sequentially and up 75 per cent on last year, according to figures released by CB Richard Ellis.

S&P rerates former 452 funds

JOHN MCDULING  |  TUESDAY, 28 SEP 2010
Standard & Poor's Fund Services has assigned four-star 'new' ratings to two Colonial First State funds previously managed by 452 Capital.

Premium Investors cuts cost, restructures

RUTH LIEW  |  TUESDAY, 28 SEP 2010
A year after Premium Investors underwent a forced off-market buy back, company chair Tom Collins flagged cost savings of more than 40 per cent next year as part of a business restructure.

ANZ to open Chengdu centre

MEDIA RELEASE  |  TUESDAY, 28 SEP 2010
ANZ Bank has established a new Chinese-language operations centre in Chengdu to support its business growth in the region.

Plus Capital signs third distribution deal

JOHN MCDULING  |  MONDAY, 27 SEP 2010
Sydney-based Plus Capital Investment Management, a third party distributor, has signed a distribution deal with Los Angeles-based Causeway Capital Management.