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Investment

Pengana launches on dbSelect

COMPANY RELEASE  |  FRIDAY, 30 OCT 2009
Pengana Capital is looking to launch its Volatility Master Program on Deutsche Bank's dbSelect platform.

Russell to stay in Australia: Doman

RUTH LIEW  |  FRIDAY, 30 OCT 2009
Andrew Doman, global chief executive of Russell Investments, said Australia is a "strategically important" market to the firm and plans to deepen its local footprint, following questions about Russell's commitment to the Australian market.

S&G settles claims for CBA Storm clients

COMPANY RELEASE  |  FRIDAY, 30 OCT 2009
Slater & Gordon has settled claims against the Commonwealth Bank of Australia on behalf of more than 50 clients who borrowed from the bank to invest in schemes promoted by the failed Storm Financial.

Perennial and Hyperion win awards

MEDIA RELEASE  |  FRIDAY, 30 OCT 2009
Perennial Investment Partners and Hyperion Asset Management were two of the winners at last night's Australian Fund Manager Awards (AFMA).

Macq reveals exec pay proposal

MICHAEL HOBBS  |  FRIDAY, 30 OCT 2009
Macquarie Group capped off the half-year with a string of major acquisitions and more detail on their proposed remuneration structure first flagged in March.

Fidelity signs exclusive research deals

MICHELLE BALTAZAR  |  THURSDAY, 29 OCT 2009
Fifteen years ago, Fidelity Investments changed the rulebook on investing by having one of the most research-heavy teams that other investment firms could only dream of. Today, the firm is raising the bar again with a new way of getting proprietary investment ...

BTIM attracts $1bn in net flows

MICHAEL HOBBS  |  THURSDAY, 29 OCT 2009
BT Investment Management (BTIM) gained $1 billion in net fund flows from institutional and wholesale clients for the year to September while its funds under management (FUM) rose slightly to $36 billion.

Dimensional turns to value stocks in emerging markets

COMPANY RELEASE  |  THURSDAY, 29 OCT 2009
Dimensional is changing its Emerging Markets Trust strategy from focusing on large cap stocks to both large and small cap companies.

MLC FUM falls 19pc, in-force premiums rise

MICHAEL HOBBS  |  WEDNESDAY, 28 OCT 2009
MLC's average funds under management (FUM) fell 19 per cent to $74 billion for the year to September while annual in-force premiums rose by over 12 per cent to $968 million.

ANZ says no to ING IM acquisition, for now

RUTH LIEW  |  WEDNESDAY, 28 OCT 2009
ANZ, which bought ING Australia last month, said right now it is not looking to buy ING Investment Management and the local operations of the ING real estate business which the parent group announced earlier this week will be divested.