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Investment

India Equities puts cash to work

MICHAEL HOBBS  |  WEDNESDAY, 21 APR 2010
The India Equities fund has increased its exposure to the Indian finance sector by including Allahabad Bank into the portfolio as its tilt to the country's energy sector falls.

NAB clashes with ACCC decision

COMPANY RELEASE  |  WEDNESDAY, 21 APR 2010
National Australia Bank has spoken out against the ACCC's verdict to block its bid for AXA - and is exploring a "range of actions" to continue its pursuit of the firm.

Trust is a hard currency: research

RUTH LIEW  |  WEDNESDAY, 21 APR 2010
New research shows that investors rank 'fee transparency' as the number one reason for trusting a financial institution while in a surprise result, 'bad press' and 'being owned by a bank' count for little.

Ironbark buys Patriot Asset Management

COMPANY RELEASE  |  WEDNESDAY, 21 APR 2010
Ironbark Asset Management is acquiring boutique fund manager Patriot Asset Management, with completion scheduled for 30 April 2010.

ACCC blocks NAB bid for AXA, backs AMP

MEDIA RELEASES  |  TUESDAY, 20 APR 2010
The Australian Competition and Consumer Commission (ACCC) has blocked the NAB bid, citing concerns about competition between retail investment platforms if NAB and AXA merged, but said it won't oppose the AMP bid.

Intra-fund advice to affect 20 per cent of planning revenues

COMPANY RELEASE  |  TUESDAY, 20 APR 2010
Advisers risk losing one in five of their clients if demand for intra-fund advice services become mainstream - but transactional advice could be the key to ensure advisers maintain an edge in the market.

North gets very strong rating from S&P

COMPANY RELEASE  |  TUESDAY, 20 APR 2010
AXA's North product has received a "very strong" rating from research house S&P Fund Services.

Perennial eyes US recovery for next returns

MICHAEL HOBBS  |  TUESDAY, 20 APR 2010
Perennial Value Management is cutting its exposure to Australian dollar-exposed stocks opting to invest heavily in companies that will benefit from the recovery of the greenback.

US instos get active on human rights

MICHAEL HOBBS  |  TUESDAY, 20 APR 2010
US-based pension funds and institutions are ramping up their proxy voting efforts across human rights issues with some positive results.

Farmland ripe for the picking

PRESS RELEASE  |  TUESDAY, 20 APR 2010
Institutional investors may want to broaden their investment scope to farmland after a report found investments in agricultural property prices have fallen from the pre-crisis highs and may benefit from rising commodity prices.