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Investment

RARE Infra wins $1.4bn in mandates

MICHAEL HOBBS  |  TUESDAY, 15 JUN 2010
RARE Infrastructure has attracted $1.4 billion in investment mandates in nine months including one from the $67 billion Future Fund.

UK pension lose $6bn on BP oil spill

MICHAEL HOBBS  |  TUESDAY, 15 JUN 2010
UK pension funds have a multi-billion dollar exposure to oil giant BP's share price, which has plummeted more than 36 per cent since the oil leak in the Gulf of Mexico.

US Commission subpoenas Goldman Sachs

RUTH LIEW  |  TUESDAY, 15 JUN 2010
Goldman Sachs, which is currently under SEC investigation, has been issued a subpoena by the US Financial Crisis Inquiry Commission this month.

Northern Trust wins $1.8bn custody mandate

COMPANY RELEASE  |  TUESDAY, 15 JUN 2010
Northern Trust won the global custody and investment accounting mandate of $1.8 billion insurance firm, Beazley.

AXA appoints FMs to drive income

MICHAEL HOBBS  |  FRIDAY, 11 JUN 2010
AXA Australia selected funds from Ankura Capital, Legg Mason, Epoch Investment Partners, Macquarie Investment Management and Goldman Sachs/JBWere as part of its new income portfolio.

SSgA wins S&P licence for ETFs

COMPANY RELEASE  |  FRIDAY, 11 JUN 2010
State Street Global has acquired an exclusive license from Standard & Poor's to list and trade SPDR Exchange Traded Funds (ETFs) based on the S&P/ASX 200.

UK green and ethical fund hit $16bn

PRESS RELEASE  |  FRIDAY, 11 JUN 2010
UK's green and ethical funds have surpassed $16 billion, four times the amount more than a decade ago.

VFMC brings risk management in-house

MICHAEL HOBBS  |  THURSDAY, 10 JUN 2010
Victorian Funds Management Corporation (VFMC) takes a fresh approach when measuring asset risk for clients, recruiting a former Russell Investments consultant to help oversee the process.

GVI launches unhedged global industrial fund

COMPANY RELEASE  |  THURSDAY, 10 JUN 2010
International equities investment manager Global Value Investors has launched an unhedged version of its Global Industrial Share Fund (GISF).

All that glitters are gold ETFs

MICHAEL HOBBS  |  WEDNESDAY, 9 JUN 2010
A surge in gold exchange traded fund investment has ranked ETF Securities as one of the top holders of gold bullion in the world.