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Investment

Alaska SWF beats target return by 2pc

MICHAEL HOBBS  |  TUESDAY, 3 AUG 2010
The Alaska Permanent Fund returned nearly 12 per cent for the financial year to June, 2 per cent higher than its target return due to its non-government bond and US stock investments.

IML Future Leaders posts 25pc return

MICHAEL HOBBS  |  TUESDAY, 3 AUG 2010
Investors Mutual Limited's (IML) Future Leaders Fund returned more than 25 per cent for the financial year to July beating its benchmark by more than 12 per cent and cementing its spot in the top five best performing Australian equities funds over the ...

ING Aussie eq fund gets three stars

MEDIA RELEASE  |  MONDAY, 2 AUG 2010
Standard & Poor's Fund Services assigns a three-star rating to the newly-launched ING Alpha Plus Australian Equity Fund.

Motor Finance Wizard withdraws interest-free loans

ASIC RELEASE  |  MONDAY, 2 AUG 2010
Motor financial services group Motor Finance Wizard, famous for its "Motor Finance Wizard said yes!" ads about interest-free loans, withdrew its ads following ASIC concerns they were misleading and provided some clients with "unaffordable credit".

Brakes on new hedge funds

MICHAEL HOBBS  |  FRIDAY, 30 JUL 2010
The number of single manager hedge funds coming to the retail market has slowed to a trickle, according to new research.

Sovereign keeps overweight to distressed debt

MICHAEL HOBBS  |  FRIDAY, 30 JUL 2010
Alternatives expert Sovereign Investment Research is recommending its superannuation clients remain overweight to specific distressed debt strategies ahead of expected defaults from small US-based companies.

Fidelity's Bolton eyes small to mid-size China stocks

PRESS RELEASE  |  FRIDAY, 30 JUL 2010
One of Fidelity's investment stalwarts, Anthony Bolton, believes in the potential of the Chinese stockmarket so much he moved to Hong Kong three months ago, and predicts small to mid-size stocks in the region show the best promise.

Australian ESG expert claims world-first

MICHELLE BALTAZAR  |  THURSDAY, 29 JUL 2010
Canberra-based researcher CAER becomes the first non-European organisation to get a Voluntary Quality Standard (VQS) badge for its work on assessing environmental, social, governance (ESG) and ethical performance analysis of companies.

UBS GAM renews NAB custody deal

PRESS RELEASE  |  WEDNESDAY, 28 JUL 2010
UBS Global Asset Management (UBS GAM) reappointed NAB Asset Servicing to provide custody, investment reporting and registry services for more than $8 billion in domestically held assets.

No double dip recession: Fidelity

MICHAEL HOBBS  |  WEDNESDAY, 28 JUL 2010
Paul Taylor, head of Australian equities at Fidelity International, does not expect the world economy to experience a double dip recession but is positioning investment portfolios for lower global growth.