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Investment

Ascalon and Regal form partnership

COMPANY RELEASE  |  THURSDAY, 8 JUL 2010
Boutique incubator Ascalon Capital Managers will buy a 30 per cent stake in Regal Funds Management - a deal that will also see Ascalon provide Regal with sales and marketing support, among other services.

ETFs tough to white label

MICHAEL HOBBS  |  WEDNESDAY, 7 JUL 2010
Following the rising interest in Exchange Traded Funds (ETFs) in Australia, some financial planning groups are considering having their own branded ETFs - but that could be hard to do in practice due to structural issues, according to one ETF expert.

Invesco completes Morgan Stanley move

PRESS RELEASE  |  WEDNESDAY, 7 JUL 2010
Invesco has completed the integration of Morgan Stanley's retail asset management business within the firm after buying the division eight months ago.

Treasury Group ramps up asset allocation muscle

MICHAEL HOBBS  |  WEDNESDAY, 7 JUL 2010
Treasury Group has created an investment advisory group, Premium Services, whose core function is to provide asset allocation knowhow to Treasury's suite of boutique funds.

Aurora set to list on ASX

COMPANY RELEASE  |  WEDNESDAY, 7 JUL 2010
Aurora Funds, the new name of the soon-to-merge fund managers Aurora Funds Management, Sandringham Capital and Fortitude Capital, is gearing up for an ASX listing after raising an initial $2 million from the market.

QIC adopts lifecycle investing

COMPANY RELEASE  |  TUESDAY, 6 JUL 2010
QIC will offer super funds lifecycle investing strategies to improve retirement outcomes for members.

Don't bank on broad themes: BTIM

MICHAEL HOBBS  |  TUESDAY, 6 JUL 2010
Investors can't rely on broad themed-based strategies and should focus on picking the best stocks, according to one of the largest fund managers in Australia.

Challenger names Aus equities boutique

MICHAEL HOBBS  |  TUESDAY, 6 JUL 2010
Challenger Financial Services has hired the former AllianceBernstein Australian equities team to create Alphinity Investment Management and run three of its funds.

Perennial ramps up international business strategy

MICHAEL HOBBS  |  MONDAY, 5 JUL 2010
Perennial Investment Partners has appointed an international business development manager to gain more UK, US and Middle Eastern clients.

The disappearing act of lose-lose funds

MICHELLE BALTAZAR  |  FRIDAY, 2 JUL 2010
Fund managers and super funds are responding to the 'credibility gap' in the wake of the GFC with major reforms to the way they structure fees, create products and meet their fiduciary duties, research found.