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Investment

Private equity firms sign PRI

MICHAEL HOBBS  |  FRIDAY, 9 OCT 2009
In a sign of the times, two of the country's leading private equity firms, Ironbridge Capital Australia and CHAMP Private Equity have signed the United Nations Principles for Responsible Investment (UN PRI).

ING to guarantee money for life

MICHELLE BALTAZAR  |  THURSDAY, 8 OCT 2009
ING Australia has launched MoneyForLife, a new retirement income product that promises to banish investor concerns of ever outliving their savings.

AXA tackles longevity risk with North

MICHAEL HOBBS  |  THURSDAY, 8 OCT 2009
AXA Australia is targeting investor longevity risk with plans to launch another North product that provides a guaranteed income stream next year.

Challenger annuities post record sales

MICHAEL HOBBS  |  THURSDAY, 8 OCT 2009
Challenger's Guaranteed Income Plan annuities product received a record $91 million in August alone as financial advisers look for ways to preserve client income in retirement.

PE secondaries could be ticking time bomb

COMPANY RELEASE  |  THURSDAY, 8 OCT 2009
Investors should be wary of the overexuberance in the secondary private equity markets as it could mirror the mega buyout bubble of 2007, according to new Watson Wyatt research.

ASIC targets Brighton in Westpoint swoop

ASIC RELEASE  |  THURSDAY, 8 OCT 2009
ASIC has filed a court application to commence proceedings against Brighton Hall Securities as part of its latest Westpoint crackdown.

Gems in smaller property trusts: BTIM

RUTH LIEW  |  WEDNESDAY, 7 OCT 2009
Opportunities in the Australian listed property trust sector would most likely come out of small to medium property firms and their trusts next year, said Peter Davidson, head of property securities at BT Investment Management.

Global funds lose $20trn to GFC

COMPANY RELEASE  |  WEDNESDAY, 7 OCT 2009
The global financial crisis wiped out nearly $20 trillion from the assets of the world's top 500 fund managers, new research found.

Westpoint exec faces court

ASIC RELEASE  |  WEDNESDAY, 7 OCT 2009
The former chief financial controller of the Westpoint Group of companies, Graeme Rundle, has appeared in court following two criminal charges brought by ASIC.

AMP all aboard CFS, Navigator and Macq platforms

COMPANY RELEASE  |  WEDNESDAY, 7 OCT 2009
AMP Capital Investors' Capital Asian Equity Growth and Corporate Bond Fund have been added to a number of Colonial First State, Navigator and Macquarie platforms.