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Investment

BTIM realigns income and diversified funds

MICHELLE BALTAZAR  |  FRIDAY, 26 MAR 2010
In his first 100 days as head of BT Investment Management, ex-Perpetual CIO Emilio Gonzalez has combined all of the fund's income capabilities under one roof, diversified funds in another and will be hiring two new senior appointments as part of the ...

ASIC cancels Teys Property AFSL

ASIC RELEASE  |  FRIDAY, 26 MAR 2010
ASIC has cancelled the Australian Financial Services licence of Teys Property Funds after the firm went into external administration earlier this month.

New credit ratings agency in town

COMPANY RELEASE  |  FRIDAY, 26 MAR 2010
Australia's credit ratings market has a new entrant - Corporate Scorecard - which recently received the green light from ASIC to operate as a licensed Credit Ratings Agency.

Platinum snubs US healthcare reforms

MICHAEL HOBBS  |  FRIDAY, 26 MAR 2010
US healthcare reforms have not had a material impact on Platinum Asset Management's International Health Care fund portfolio, as the fund continues to target pharmaceutical stocks that benefit from Asia's growth.

SEC launches derivatives review

SEC RELEASE  |  FRIDAY, 26 MAR 2010
The US Securities and Exchange Commission (SEC) is reviewing the use of derivatives by mutual funds, exchange traded funds and investment firms.

Morningstar buys Aegis

PRESS RELEASE  |  THURSDAY, 25 MAR 2010
Morningstar Australasia has agreed to buy Aegis Equities Research from its holding company.

Transurban deal off Future Fund table

RUTH LIEW  |  THURSDAY, 25 MAR 2010
The $66 billion Future Fund has terminated discussions with two Canadian pension funds on buying Transurban.

Perennial gains intl insto mandates

MICHAEL HOBBS  |  THURSDAY, 25 MAR 2010
Perennial Investment Partners is attracting more investment mandates from offshore clients into its global property fund.

Resolution revamps manager roles

S&P RELEASE  |  THURSDAY, 25 MAR 2010
Resolution Capital's co-portfolio managers, Andrew Parsons and Marco Colantonio, have gained more control of the global property securities portfolio after founder and co-portfolio manager, Peter Hartigan, stepped down from his investment role.

PIMCO Australia draws record $30bn FUM

MICHELLE BALTAZAR  |  WEDNESDAY, 24 MAR 2010
The Australian operations of fixed income giant PIMCO posted its biggest year ever in 2009, with total funds under management rising 36 per cent to $30 billion.