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Investment

ING Aus opens Wollongong hub, to hire 600 staff

ALEX DUNNIN  |  MONDAY, 31 MAY 2010
NSW Premier Kristina Keneally this morning opened the new ING superannuation and investments operations centre in Wollongong south of Sydney, the upgraded hub that is set to grow its staff numbers from 350 to 600 in three years.

Great Southern investors fight back

COMPANY RELEASE  |  FRIDAY, 28 MAY 2010
Macpherson + Kelley Lawyers has filed a lawsuit for Great Southern investors seeking the court to void loans given to invest into failed agribusiness investment schemes, including loans provided by Adelaide Bank.

Dimensional wins $45m Aussie eq mandate

RUTH LIEW  |  FRIDAY, 28 MAY 2010
Dimensional has won a $45 million Australian equities mandate from private health insurer Medibank Private.

Investec eyes SMSF market

MICHAEL HOBBS  |  FRIDAY, 28 MAY 2010
Investec Asset Management's local managing director, Mark Samuelson, has outlined plans to target the self managed super fund (SMSF) market and flagged launching more strategies if proposed tax changes occur.

Lonsec names income sector's best

PRESS RELEASE  |  FRIDAY, 28 MAY 2010
Lonsec's Traditional Income Sector Review resulted in five funds receiving a 'highly recommended' rating, which include UBS Australian Bond fund, Vanguard Australian Fixed Interest fund and the EQT PIMCO Global Bond fund.

Macquarie launches cap protection product

RUTH LIEW  |  THURSDAY, 27 MAY 2010
Less than a month after Macquarie created a new consolidated business called Macquarie Specialist Investments, the firm has launched a capital protection product that gives investors geared and non-geared access to 16 managed funds.

Western Asset seeks ops in volatile markets

COMPANY RELEASE  |  THURSDAY, 27 MAY 2010
One of the world's largest fixed-income managers, Western Asset Management, has launched a new absolute return credit fund aimed at exploiting credit opportunities amid volatile markets.

Top ESG infra stocks post better returns

MICHAEL HOBBS  |  THURSDAY, 27 MAY 2010
Listed infrastructure companies with high environmental, social and governance (ESG) ratings beat companies in the same sector by more than 20 per cent over three years, according to a new report.

Aussie shares beat property over the long term

MEDIA RELEASE  |  WEDNESDAY, 26 MAY 2010
Australian shares delivered higher returns, after costs and taxes, than residential property over the past two decades, a new report shows.

MLC cuts Wellington and appoints Carnegie

RUTH LIEW  |  WEDNESDAY, 26 MAY 2010
MLC has axed Wellington Management Company from its global equities fund manager line-up, and appointed Carnegie Asset Management as its new investment manager.