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Investment

Challenger poised for boutique growth

ASX RELEASE  |  MONDAY, 19 APR 2010
Challenger Financial Services Group has reported that its Boutique Partnership funds under management (FUM) saw a threefold increase in the last 12 months, reaching $4.5 billion in total as of March this year.

Amundi fixed interest team walks

S&P RELEASE  |  MONDAY, 19 APR 2010
Amundi Asset Management's global diversified fixed interest fund has been placed 'on hold' after the fund manager's London chief executive and chief investment officer left the firm.

Fairview joins Alpha managers

COMPANY RELEASE  |  MONDAY, 19 APR 2010
Boutique firm Alpha Fund Managers has added the Fairview Equity Partners Emerging Companies strategy to its Alpha series multi-manager line-up.

Goldman Sachs accused of fraud

SEC RELEASE  |  MONDAY, 19 APR 2010
The Securities and Exchange Commission (SEC) has charged Goldman Sachs and one of its vice presidents for fraud relating to subprime mortgages.

BT/Advance multi-manager makes stronger global push

MICHELLE BALTAZAR  |  FRIDAY, 16 APR 2010
Advance Investment Solutions, the combined BT Financial Group and Advance multi-manager teams following the Westpac/St. George merger, has completed a year-long review of its manager list, and the new line-up is more global in flavour.

Investec gains $45m from instos for aircrafts

MICHAEL HOBBS  |  FRIDAY, 16 APR 2010
Investec Global Aircraft fund (IGAF) has raised an additional $45 million from AMP Capital Investors, Health Industry Plan Superannuation fund and MCG Growth fund.

Risk appetite rises as cash reserves dip

COMPANY RELEASE  |  THURSDAY, 15 APR 2010
Cash balances have fallen and the number of investors taking above-normal risk in their portfolios are at their highest since January 2006, new figures show.

NabInvest buys Canadian property boutique

COMPANY RELEASE  |  THURSDAY, 15 APR 2010
National Australia Bank's direct asset management business, nabInvest, has bought Presima, a global REIT boutique fund manager based in Canada.

US financials a big play: Bennelong SGI

MICHELLE BALTAZAR  |  THURSDAY, 15 APR 2010
The global financial sector may be a shadow of its former self after the GFC but it is still a $9.1 trillion market full of stocks ripe for the plucking, said fund manager Bennelong SGI Global Equities.

Social Impact Property fund takes wings

COMPANY RELEASE  |  WEDNESDAY, 14 APR 2010
Investors looking for property investments while giving back to the community at the same time should consider the newly launched Social Impact Property Fund.