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Investment

Mercer restructures MM portfolio ahead of inflation threat

MERCER RELEASE  |  MONDAY, 1 MAR 2010
Amundi, BlackRock and Challenger are among the new managers under the Mercer Multi-Manager Funds ahead of the possibility of an inflation 'break out' in the next few years.

452 Capital retains 'three stars' rating

PRESS RELEASE  |  MONDAY, 1 MAR 2010
Standard & Poor's has backed the 452 Capital investment team to deliver solid returns despite the fund manager's co-founder and lead portfolio manager, Peter Morgan, being forced to take extended leave for medical reasons.

IFSA and Deloitte launch Future Leaders award

COMPANY RELEASE  |  MONDAY, 1 MAR 2010
The Investment & Financial Services Association and Deloitte have launched the IFSA/Deloitte Future Leaders Award - encouraging young financial services executives to submit ideas on how to solve some of Australia's toughest economic issues.

Fund managers to tap gov't capital

COMPANY RELEASE  |  MONDAY, 1 MAR 2010
Fund managers around the country are invited to submit applications under the latest round of the Government's venture capital support program, the Innovation Investment Fund (IIF).

Wall Street's $22bn bitter pill

COMPANY RELEASE  |  FRIDAY, 26 FEB 2010
New York City's securities employee bonuses rose 17 per cent to just over $22 billion last year bringing the payments back to pre-2005 levels, according to estimates from the US state's comptroller.

Russell ups alternatives exposure

COMPANY RELEASE  |  FRIDAY, 26 FEB 2010
Russell has opened its flagship multi-asset portfolio, the Russell Pooled Superannuation Trust Balanced Opportunities Unit, to three new alternative asset sector funds.

Introducing Chris Condon Fin Services

RUTH LIEW  |  FRIDAY, 26 FEB 2010
Chris Condon, former chief investment officer of MLC, is currently applying for an Australian Financial Services License to provide investment and governance advice to institutional investors, and help them engage with asset consultants.

Funds want better EMs access

ALEX DUNNIN  |  FRIDAY, 26 FEB 2010
Growing appetite for emerging market investment is pushing super funds to think differently about how to gain access to the sector, said Bruce Murphy, managing director BNY Mellon Asset Management in Australia.

IOOF gains $225m in net inflows

MICHAEL HOBBS  |  THURSDAY, 25 FEB 2010
IOOF recorded $225 million in net inflows into its flagship products in the past six months to December last year as the group posted a 37 per cent increase in underlying net profit after tax to $47 million during the same time period.

Perpetual FUM up as flows steady

MICHAEL HOBBS  |  THURSDAY, 25 FEB 2010
Perpetual's investment fund flows remain much lower compared to pre-global financial crisis levels but its funds under management (FUM) rose by $3 billion to over $29 billion in a six-month period to December last year.