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Investment

Aus equities FMs target solid result stocks

MICHAEL HOBBS  |  FRIDAY, 9 APR 2010
Australian equity fund managers are still finding well-valued stocks despite the local market moving sideways in the past six months.

Government annuities proposal draws industry fire

RUTH LIEW  |  FRIDAY, 9 APR 2010
Compulsory government annuities could widen the gap between the retirement payouts of low and high income workers, and some industry experts argue private sector annuities and longevity risk products offer better alternatives.

PIS to step up competition in cash savings

MICHELLE BALTAZAR  |  THURSDAY, 8 APR 2010
Professional Investment Services is staging an ambitious plan to become an all-round financial services outfit, providing products and services that have long been the domain of the big banks, including the all-important area of bank deposit products.

Amundi wins mandate for volatility strategy

MICHAEL HOBBS  |  THURSDAY, 8 APR 2010
Amundi Asset Management has signed a new local institutional client to its volatility strategy.

Temasek invests $50m in renewable fuels

MICHAEL HOBBS  |  THURSDAY, 8 APR 2010
Singapore sovereign wealth fund (SWF), Temasek Holdings, has invested $50 million in Californian-based renewable chemicals and fuel start-up company, Amyris Biotechnologies.

Westpac FM and Mirvac in talks over Office Trust

COMPANY RELEASE  |  THURSDAY, 8 APR 2010
Westpac Funds Management's independent directors have approved exclusive talks with Mirvac Group for the group to buy all units and instalment receipts of the Westpac Office Trust.

BlackRock SMA tops $500m

COMPANY RELEASE  |  WEDNESDAY, 7 APR 2010
BlackRock's Customised Portfolio Service has reached $500 million in FUA and launched 84 investment models across 34 product disclosure statements in under five years of operation.

Orion tightens compliance after rogue trader caught

RUTH LIEW  |  WEDNESDAY, 7 APR 2010
Orion Asset Management has strengthened its vigilance on compliance standards since one of its equities dealers, 24-year-old John Hartman, was caught and pleaded guilty to 25 charges of insider trading.

Boutique small cap backer fills bank funding gap

MICHAEL HOBBS  |  WEDNESDAY, 7 APR 2010
The credit crisis has proved a boon in business for one local investment house that is taking significant minority shareholdings in micro-cap stocks to gain double-digit returns for investors.

African bourse on the rise

MICHELLE BALTAZAR  |  WEDNESDAY, 7 APR 2010
The Nairobi Stock Exchange (NSE) is steadily making changes to its structure to keep pace with its overseas counterparts, and the results are promising.