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Investment

Fiducian wins PGA golf naming rights

COMPANY RELEASE  |  WEDNESDAY, 25 NOV 2009
Fresh off Tiger Woods creating golfing pandemonium in Melbourne, Fiducian Group has been announced as the naming rights sponsor for the Australian PGA Legends Championship.

Aberdeen closes Aussie bond fund

COMPANY RELEASE  |  TUESDAY, 24 NOV 2009
Aberdeen has closed its Aberdeen Australian Bond Fund, following the manager's integration with Credit Suisse.

Zurich ramps up investment business

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
Zurich Financial Services Australia has promoted Matthew Drennan to general manager of investments as part of a strategy to expand its investments division.

AXA IM opens Framlington to instos

PRESS RELEASE  |  MONDAY, 23 NOV 2009
AXA Investment Managers has launched its global equities thematic division, AXA Framlington, to local institutional investors.

J.P. Morgan buys $99bn ANZ custody services

MICHELLE BALTAZAR  |  FRIDAY, 20 NOV 2009
J.P. Morgan's Worldwide Securities Services division has bought ANZ's Custodian Services business - a move that raises the group's assets under custody by another 36 per cent to $370 billion and gives J.P. Morgan an entry into the local sub-custody sector.

Pengana Asian Equities goes retail

COMPANY RELEASE  |  THURSDAY, 19 NOV 2009
Diversified funds manager Pengana Capital has opened its Asian Equities Long Short Fund to the retail market.

Planners hit by ratings pullout

RUTH LIEW  |  THURSDAY, 19 NOV 2009
S&P's decision to withdraw its application for a retail AFSL, effectively pulling its credit ratings from the retail market, could increase retail investors' exposure to risk and lead to a tightening of planners' approved product lists.

Equiti opens direct property fund

COMPANY RELEASE  |  THURSDAY, 19 NOV 2009
Equiti Funds Management has launched a commercial property fund that it claims doesn't have the "structural ailments" that plague many property funds.

Cheap linkers up for grabs: Credit Agricole

RUTH LIEW  |  TUESDAY, 17 NOV 2009
Inflation-linked bonds might still trail nominal bonds by 4 per cent in performance - but the gap is closing.

Solaris wins CFS mandate

RUTH LIEW  |  TUESDAY, 17 NOV 2009
Solaris Investment Management has been awarded a mandate by Colonial First State's (CFS) FirstChoice Boutique Australian Share Fund.