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Investment

Pengana wins $66 million in mandates

COMPANY RELEASE  |  WEDNESDAY, 14 OCT 2009
Cuesuper, Combined Fund and Pinnacle Superannuation have poured a collective $66 million into the Pengana Global Bond Fund.

Rev mortgage market continues to grow

MICHAEL HOBBS  |  TUESDAY, 13 OCT 2009
Australia's reverse mortgage market has grown five per cent in the six months to June with total outstanding funding representing $2.6 billion but the number of new borrowers has declined, a study found.

GMO and Lazard win combined $1.4bn in mandates

RUTH LIEW  |  TUESDAY, 13 OCT 2009
Ipac has appointed $700 million mandates with GMO and Lazard as part of its Australian equities portfolio overhaul.

New tax code to drive Indian reforms

ALEX DUNNIN  |  TUESDAY, 13 OCT 2009
India's tax reform proposals will boost local savings, drive investment volumes and push up long term growth in the capital markets.

Director pay rise trend will slow: RiskMetrics

MICHAEL HOBBS  |  MONDAY, 12 OCT 2009
RiskMetrics does not expect director pay to rise by the same amount it did during last year, after a study found the median S&P/ASX 100 non-executive director chairperson received $396,880, up more than 10 per cent in 2008.

Financial Facts rumoured to close shop

RUTH LIEW  |  MONDAY, 12 OCT 2009
ING-backed research house Financial Facts is rumoured to be closing shop following the acquisition of ING's wealth management business by ANZ - a rumour an ING spokesperson has denied.

Realindex hits $1 bn FUM

MICHAEL HOBBS  |  MONDAY, 12 OCT 2009
Colonial First State index investment subsidiary, Realindex Investments, has tipped over the $1 billion funds under management mark in under a year and hired a portfolio manager.

FBI hunts down bank fraudsters

RUTH LIEW  |  FRIDAY, 9 OCT 2009
The US has teamed up with Egypt in one of the largest crackdowns on cyber fraud - resulting in 100 people linked to an international "phishing" operation charged for trying to defraud American banks.

Aus Ethical opens property trust

MICHAEL HOBBS  |  FRIDAY, 9 OCT 2009
Australian Ethical Investment has launched a new property trust, a fund that invests in energy efficient buildings with a minimum 5-Star Green Star rating.

AMP Cap, Cbus and Galileo join forces

COMPANY RELEASE  |  FRIDAY, 9 OCT 2009
AMP Capital Investors, Cbus Property and Galileo Group have joined forces in a residential property deal believed to have secured one of the largest funding from banks this year.