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Investment

New MD as Wilson HTM restructures

RUTH LIEW  |  TUESDAY, 9 MAR 2010
Wilson HTM Investment Group has ushered David Groth in as its new chief executive as the firm restructures its strategic relationship with Deutsche Bank.

Babson closes five CLOs

COMPANY RELEASE  |  TUESDAY, 9 MAR 2010
US fund manager Babson Capital Management has closed five collateralised loan obligations (CLOs) with more than US$1.7 ($1.9) billion under management.

Citi and GSJBW win ESG awards

MICHAEL HOBBS  |  TUESDAY, 9 MAR 2010
Citi Investment Research & Analysis has been voted the best ESG broking firm and Andrew Gray from Goldman Sachs JBWere was recognised for his report on ethics and culture at the ESG Research Australia Awards.

Macquarie to shut CMT, transitions to CMA

RUTH LIEW  |  FRIDAY, 5 MAR 2010
Macquarie Group has announced a proposal to close down its flagship cash management trust and transfer $9.8 billion of funds from the CMT to the Macquarie Cash Management Account.

Waked triggers double downgrade

MORNINGSTAR REPORT  |  FRIDAY, 5 MAR 2010
The BlackRock Scientific Australian Equities strategy has received a double downgrade from 'highly recommended' to 'investment grade' by Morningstar after the departure of Morry Waked.

Vice fund underperforms S&P 500 by 13pc

MICHAEL HOBBS  |  FRIDAY, 5 MAR 2010
Tobacco, alcohol and gaming sounds like a rock star life but investors in a fund that targets these industries aren't exactly crowd surfing their way to financial bliss.

Rise of mini-mandates

MICHELLE BALTAZAR  |  THURSDAY, 4 MAR 2010
Many planners are looking for bespoke risk management solutions to help protect their client portfolios from market swings while, at the same time, remaining 'in the game'.

Untangling the Astarra web continues

RUTH LIEW  |  THURSDAY, 4 MAR 2010
New information from Trio Capital administrator PPB showed more than half of the $63 million Asttar Wholesale Portfolio Service's assets were invested in funds and property firms part and wholly owned by the failed fund manager.

Westpoint investors win $13.5m compensation

ASIC RELEASE  |  THURSDAY, 4 MAR 2010
ASIC has successfully obtained court approval of a $13.5-million settlement from State Trustees on behalf of Westpoint investors.

Greencape Capital wins $600m

MICHELLE BALTAZAR  |  WEDNESDAY, 3 MAR 2010
Institutional investors are drawn to the stockpicking know-how of Australian equities boutique Greencape Capital, pouring $600 million into the fund in the last three months.