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Investment

Perpetual close to recovering $125m for Mahogany

COMPANY RELEASE  |  MONDAY, 9 NOV 2009
Perpetual Trustees came a step closer to recovering the $125 million frozen from Mahogany Capital noteholders since the collapse of Lehman Brothers, following its second successful court ruling in the United Kingdom last week.

AMP Cap revamps Asia Pac equities team

MICHAEL HOBBS  |  MONDAY, 9 NOV 2009
AMP Capital Investors has revamped how it researches Asia Pacific equities by bringing together the Asian, Capital and New Zealand teams and organising the group along market sectors.

AMP circles AXA Asia Pacific

MICHAEL HOBBS  |  MONDAY, 9 NOV 2009
AXA Asia Pacific independent directors have rejected AMP's $4 billion bid for AXA's Australian and New Zealand businesses, creating the first hurdle in a landmark deal that could, if it goes through, create a new Australian insurance and financial planning ...

Super funds on the mend: SelectingSuper

Super funds have recovered so much ground in the nine months to end September that they could soon be back in the black for the first time in 18 months, the SelectingSuper survey found.

Solaris performance fee option wins $1bn from instos

MICHAEL HOBBS  |  FRIDAY, 6 NOV 2009
Solaris Investment Management clocked $1 billion from institutional investors within seven months under its unusual low fixed fee plus performance-fee based payment structure - proof that Frontier's proposed flat dollar fee model has massive insto appeal.

AMP Cap funds 'on hold' as Armor leaves

COMPANY RELEASE  |  FRIDAY, 6 NOV 2009
Gary Armor, portfolio manager and resources analyst at AMP Capital Investors, has resigned resulting in one ratings firm placing two of the fund manager's Australian equity funds 'on hold'.

Perpetual signs UN PRI

COMPANY RELEASE  |  FRIDAY, 6 NOV 2009
Perpetual Investments joins the raft of major fund managers that have signed up to the United Nations Principles for Responsible Investment (PRI).

Instreet launches Link ARC

COMPANY RELEASE  |  THURSDAY, 5 NOV 2009
Boutique fund manager Instreet taps into investor demand for more exposure into the commodities sector with a new structured product called Link ARC (Absolute Returns from Commodities).

Advice delivers $2,400 savings per year: research

IFSA RELEASE  |  THURSDAY, 5 NOV 2009
Good financial planners know this, investors who use good financial planners know this but, at last, someone finally did some serious number crunching on the value of advice.

Clearway adds emerging markets manager client

COMPANY RELEASE  |  THURSDAY, 5 NOV 2009
Clearway Capital Solutions has partnered with Somerset Capital Management to develop the global emerging markets equities manager's business in Australia.