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Investment

Industry assoc review goals and growth

RUTH LIEW  |  FRIDAY, 24 SEP 2010
From ASFA to AIST and SPAA, FPA to the AFA - there are more than 40 associations representing the financial services sector, prompting industry professionals to question the need for multiple associations, and whether mergers should be on the cards.

Rediscovering our Indian Ocean character

JOHN MCDULING  |  FRIDAY, 24 SEP 2010
Australia needs to quickly rediscover its Indian Ocean character and not only consider itself a "Pacific" country, according to a leading investment strategist.

Hedge fund adviser gets $2.7m fine

RUTH LIEW  |  FRIDAY, 24 SEP 2010
A US hedge fund adviser will have to cough up $2.7 million to settle SEC charges for breaching short selling rules.

AMP gives $200m small cap mandate to UBS

JOHN MCDULING  |  THURSDAY, 23 SEP 2010
UBS Global Asset Management (UBS GAM) has won a $200 million plus Australian equity small companies mandate from AMP.

SSgA ETF targets high yields

RUTH LIEW  |  THURSDAY, 23 SEP 2010
State Street Global Advisors has launched an Australian ETF aimed at investors looking for high yield.

Russell upgrades insurance

NEWS RELEASE  |  THURSDAY, 23 SEP 2010
Russell Investments rolled out a series of technology upgrades and new insurance solutions, which the company said would help address Australia's 'she'll be right' attitude towards insurance.

Ausbil Dexia signs ESG deal with CAER

JOHN MCDULING  |  THURSDAY, 23 SEP 2010
Ausbil Dexia has signed up for environmental, social and governance (ESG) research services from Canberra-based CAER.

Indian pension funds poised for growth

JOHN MCDULING  |  WEDNESDAY, 22 SEP 2010
Recent reforms to India's pension system could foster a "shareholder society" that will underpin the country's equity markets for years to come, market watchers say

Singapore to win asset mgmt race: report

RUTH LIEW  |  WEDNESDAY, 22 SEP 2010
Singapore is on track to become one of the biggest asset management hubs in the world by 2025 - usurping Tokyo and Boston.

S&P and ASX launch Aussie "fear index"

JOHN MCDULING  |  WEDNESDAY, 22 SEP 2010
Standard & Poor's and the Australian Securities Exchange (ASX) have launched an Australian version of the "VIX" volatility index, colloquially referred to as the gauge of fear on Wall Street.