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Investment

ASIC blocks Tankstream

ASIC RELEASE  |  WEDNESDAY, 10 FEB 2010
ASIC has issued final stop orders on unsolicited offers made by Tankstream Funds Management to investors in 16 unlisted Centro MCS property syndicates.

Asia Pac property assets draw mandate appeal

RUTH LIEW  |  WEDNESDAY, 10 FEB 2010
LaSalle Investment Management, one of the biggest names in property management in Asia, gives Australian institutional investors food for thought on the opportunities in the region.

Property developer gets jail sentence

ASIC RELEASE  |  WEDNESDAY, 10 FEB 2010
Former property developer and mortgage broker, Samuel David Saunders, was sentenced two years and three months imprisonment with a non-parole period of 12 months after pleading guilty to seven ASIC charges.

Asia unseats South Africa in gold race

RUTH LIEW  |  TUESDAY, 9 FEB 2010
Indonesia, Tanzania and China reported the fastest growing output for gold last year - usurping South Africa, once the world's largest gold producer, which saw its production levels drop 5 per cent, according to a precious metals expert.

Public policy to reshape investment risk: PIMCO

MICHAEL HOBBS  |  TUESDAY, 9 FEB 2010
Investors must consider the rising impact of public policy on financial markets when constructing investment portfolios as governments start to play a bigger role in the market.

Investors gain sector-based ETFs

PRESS RELEASE  |  TUESDAY, 9 FEB 2010
Institutional investors and financial planners will soon be able to access locally listed sector-based exchange traded funds (ETF) after Australian Index Investments (Aii) announced plans to launch six ETFs to the market in the next three months.

New chapter in savings after government guarantee ends

MICHELLE BALTAZAR, MICHAEL HOBBS AND RUTH LIEW  |  MONDAY, 8 FEB 2010
The termination of the government guarantee on wholesale funding next month gives a strong signal that - as far as the Australian government is concerned - the financial crisis is over.

State Street settles suit for $340m

SEC RELEASE  |  MONDAY, 8 FEB 2010
State Street has agreed to pay more than $340 million in settlement to the SEC's charges on misleading investors about their exposure to sub-prime investments.

Fin services execs rock on for charity

Some financial service professionals have a secret identity - analysts, fund managers, financial planners and business development managers by day, rockstars by night.

Vanguard outlines responsible investment stance

MICHAEL HOBBS  |  MONDAY, 8 FEB 2010
Vanguard Investments Australia is keen to dispel speculation that an index manager cannot comply with any responsible investment principles despite not being a signatory to the United Nations Principles for Responsible Investment (UN PRI).