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Investment

IOOF adds ETFs to Pursuit

COMPANY RELEASE  |  FRIDAY, 14 MAY 2010
IOOF's platform, Pursuit Select, has added a number of domestic and international Exchange Traded Funds (ETFs) by State Street and BlackRock to its investment menu.

Lonsec reviews small cap funds

LONSEC RELEASE  |  FRIDAY, 14 MAY 2010
The Eley Griffiths Group Small Companies fund, Ausbil Australian Emerging Leaders fund and the Pengana Emerging Companies fund received a 'highly recommended' rating from Lonsec.

BlackRock portfolio managers resign

S&P RELEASE  |  FRIDAY, 14 MAY 2010
Andrew Jackson, head of scientific active equity investments at BlackRock Investment Management, and colleague David Walsh, head of portfolio management active equity, have resigned from the group.

AMP Asian strategy gains momentum

MICHAEL HOBBS  |  FRIDAY, 14 MAY 2010
AMP Capital's push into Asia is paying off, attracting more than $700 million from Japanese retail investors last year and becoming one of the top 10 biggest fund managers in the country.

Super funds could fill resource capital shortfall: report

MICHAEL HOBBS  |  THURSDAY, 13 MAY 2010
Super funds should step up to the plate and assist with the Australian resources $50-billion funding gap, according to several funds management companies.

Purvis attracts SMA mandate with new venture

MICHAEL HOBBS  |  THURSDAY, 13 MAY 2010
James Purvis, founder of one of the biggest financial planning research groups in Australia, has opened an implemented portfolio business that's attracting mandates from the managed account market.

Henderson Maxwell pours $100m into MAs

PRESS RELEASE  |  THURSDAY, 13 MAY 2010
Henderson Maxwell has transitioned $100 million into the Henderson Maxwell Managed Account Service for its clients.

Alpha Fund Managers signs Amundi

PRESS RELEASE  |  THURSDAY, 13 MAY 2010
Alpha Fund Managers has added Amundi VaR8 Absolute Return Strategy to its multi-manager lineup.

Norway pension manager expands into Singapore

PRESS RELEASE  |  THURSDAY, 13 MAY 2010
Norges Bank Investment Management, which manages the Norwegian Government Pension Fund Global, has expanded operations to Singapore to get closer to the region it invests 10 per cent of its funds.

MIT tax regime modernised and simplified

MICHELLE BALTAZAR  |  WEDNESDAY, 12 MAY 2010
Fund managers around the country are breathing a big sigh of relief after the government adopts a more common sense approach to the way managed funds are taxed -- a big plus for investors long disadvantaged by archaic MIT tax rules.