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Investment

Star ratings face predictability test

MICHELLE BALTAZAR  |  THURSDAY, 14 JAN 2010
Research group Morningstar has rebutted a US study that suggested its ratings system failed or virtually lost all of its predicted ability when measured over a full market cycle.

CFS halts mortgage fund redemptions

MICHAEL HOBBS  |  THURSDAY, 14 JAN 2010
Colonial First State (CFS) has told investors in the $850 million Mortgage Income fund the window to access redemptions has closed after it found a small number of mortgages within the portfolio could become bad debts.

Fixing an industry on steroids

MICHELLE BALTAZAR  |  THURSDAY, 14 JAN 2010
Day One of the Financial Crisis Inquiry Commission (FCIC) highlighted the testimony of an investment veteran who said the industry has long been on steroids - and called the commissioners to help build a system that doesn't need to save the banks every ...

Integration key to AXA bid

ALEX DUNNIN  |  WEDNESDAY, 13 JAN 2010
As the debate heats up on who will emerge as the new owner of AXA Asia Pacific, new research by Rainmaker suggests the more burning issue is how the winner would digest the acquisition - and the impact of that on the local wealth management sector.

Frontier reweighs alternatives

MICHELLE BALTAZAR  |  WEDNESDAY, 13 JAN 2010
Asset consultant Frontier is reviewing its alternatives portfolios in the first quarter of this year, a move that could potentially pump up to $2.5 billion of new money into the sector.

Season's Greetings from the Financial Standard team

This is the final online newsletter from Financial Standard this year. The editorial team wishes you all a merry Christmas and a prosperous new year.

AQR receives strong ratings

COMPANY RELEASE  |  WEDNESDAY, 16 DEC 2009
Connecticut-based alternative investment management firm AQR Capital Management has received strong ratings from Standard & Poor's Fund and Zenith Partners for the AQR Wholesale DELTA Fund.

Mahogany enters voluntary administration

COMPANY RELEASE  |  WEDNESDAY, 16 DEC 2009
Mahogany Capital has appointed Christopher Hill and Marcus Ayres of PPB as voluntary administrators to the firm.

Hedge funds on incubators watch list

RUTH LIEW  |  WEDNESDAY, 16 DEC 2009
Hedge funds and alternative investment managers are pegged as the next big hits in the boutique arena, said one Australian incubator.

Aberdeen fund gets S&P three stars

COMPANY RELEASE  |  WEDNESDAY, 16 DEC 2009
Standard & Poor's Fund Services has assigned its three-star 'New' rating to the Aberdeen Sustainable Income Fund, which Aberdeen acquired from Credit Suisse Asset Management.