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Investment

Yuan revaluation drives hedge fund flows

JOHN MCDULING  |  TUESDAY, 31 AUG 2010
Investors flocked to Asian hedge funds in the second quarter, attempting to take advantage of China's moves towards increased currency flexibility, according to a note by US-based Hedge Fund Research.

Focus on member retirement outcomes

JOHN MCDULING  |  MONDAY, 30 AUG 2010
Super funds should focus on 'real' member retirement outcomes, not relative returns, annual account balances and peer performance, said Troy Rieck, QIC head of capital markets.

Rainmaker unveils winners of the 2010 Marketing Excellence Awards

MICHELLE BALTAZAR  |  FRIDAY, 27 AUG 2010
AustralianSuper, Principal Global Investors and AMP were among the winners of last night's 16th Rainmaker Marketing Excellence Awards held at the Shangri-La in Sydney.

AUI increases redemption levels for mortgage fund

MEDIA RELEASES  |  FRIDAY, 27 AUG 2010
Australian Unity Investments has increased the regular monthly withdrawal facility of the AUI Mortgage Income Trust, offering 3 per cent of the trust for withdrawals each month.

No change in Concord strategies: Invesco

RUTH LIEW  |  FRIDAY, 27 AUG 2010
Invesco Australia chief executive Mick O'Brien has reassured investors that the investment team of its recently bought boutique, Concord Capital, will remain with the firm and manage existing mandates following the buyout.

Insto flows boost TRG results

JOHN MCDULING  |  THURSDAY, 26 AUG 2010
Treasury Group Limited, which supports, distributes and invests in boutique fund management businesses, reported a near 36 per cent increase in normalised net profits yesterday, off the back of net inflows and improving markets.

Basis Yield lawsuit continues

COMPANY RELEASE  |  THURSDAY, 26 AUG 2010
Basis Yield Alpha Fund (Master) (BYAFM) released a statement responding to the Goldman Sachs motion to dismiss BYAFM's security fraud suit that is currently pending in federal court in New York.

H3 Global 'highly recommended': Zenith

ELISE BURGESS  |  THURSDAY, 26 AUG 2010
The H3 Global Commodities Fund was given a "highly recommended" rating while the H3 Global Strategies Fund earned "recommended", after each of the funds were assessed by Zenith.

Nigerian PenCom adjusts pension

ELISE BURGESS  |  WEDNESDAY, 25 AUG 2010
Nigerian regulations on investments of pension fund assets may soon be under review with the National Pension Commission (PenCom) determined to bring them in line with the current economic realities, according to overseas reports.

Suncorp buoyed by super and investments

JOHN MCDULING  |  WEDNESDAY, 25 AUG 2010
Suncorp Life, which covers the company's life insurance, superannuation, investment and asset management businesses, contributed $222 million to the group's bottom line, almost a third of the parent's total earnings.