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Investment

Sanlam enters Australian market

COMPANY RELEASE  |  THURSDAY, 25 FEB 2010
One of South Africa's largest listed financial services groups, Sanlam, has entered a joint venture in Australia to form Calibre Investments, a Sydney-headquartered wealth management business.

Harvard puts property on sale

RUTH LIEW  |  THURSDAY, 25 FEB 2010
The $29 billion Harvard University endowment fund is looking to sell a slice of its $5 billion-plus real estate portfolio to lessen its exposure to embattled property markets.

Nephila wins $166m in mandates

RUTH LIEW  |  WEDNESDAY, 24 FEB 2010
AMP and MLC are among five Australian institutional investors that have poured a combined $166 million into Nephila Capital last year.

Vanguard ETFs reach $100m mark

COMPANY RELEASE  |  WEDNESDAY, 24 FEB 2010
Vanguard Investments Australia's exchange traded funds (ETFs) has exceeded $100 million under management, just 10 months after their launch.

ING IM appoints Taurus for gold strategy

PRESS RELEASE  |  WEDNESDAY, 24 FEB 2010
ING Investment Management has appointed Sydney-based Taurus Funds Management to invest in gold and precious metals within the OptiMix Diversified funds.

VTP board backs capital return to shareholders

MICHAEL HOBBS  |  TUESDAY, 23 FEB 2010
The drama that unfolded five months ago, when financial planning firm Dixon Advisory helped oust the board of listed investment company van Eyk Three Pillars, culminated this week with the proposal to return capital back to shareholders.

QIC taps lifecycle strategies

COMPANY RELEASE  |  TUESDAY, 23 FEB 2010
QIC has developed new lifecycle investment solutions aimed at adjusting risk to complement existing investment strategies available to super funds.

Goldman Sachs backs Greek swap deal

COMPANY RELEASE  |  TUESDAY, 23 FEB 2010
Goldman Sachs has defended its swap agreement with Greece, describing the transaction as "common practice" and consistent with Eurostat principles.

Challenger income and index fund boost profit

MICHAEL HOBBS  |  MONDAY, 22 FEB 2010
Challenger Financial Services saw net profit after tax (NPAT) rise in the first half of the financial year thanks to strong returns from its life company division and the expansion of its product offering.

Hasting sells off HUT stake

COMPANY RELEASE  |  MONDAY, 22 FEB 2010
Hastings Infrastructure Fund has sold its 21 per cent unit holding in the Hastings Utilities Trust.