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Investment

Christmas comes early for job seekers

RUTH LIEW  |  TUESDAY, 6 OCT 2009
Investment professionals who lost their jobs last year can take some comfort in the fact that 14 per cent of Australian firms plan to take on more staff in the lead up to Christmas.

AMP focuses on REITs and infrastructure

COMPANY RELEASE  |  TUESDAY, 6 OCT 2009
AMP Capital Investors has signed an agreement with Brookfield Investment Management to create a $6 billion global listed real estate and infrastructure group, called AMP Capital Brookfield.

Bennelong wins AMP mandate

COMPANY RELEASE  |  TUESDAY, 6 OCT 2009
Bennelong Australian Equity Partners (BAEP) has won a mandate to manage AMP Capital Investors' Future Directions Australian Share Fund's Australian equities investments.

Europe fails at fee disclosure

RUTH LIEW  |  FRIDAY, 2 OCT 2009
The European fund industry is failing the fees transparency test - while Australian fund managers are facing their own woes when it comes to unbundling costs, according to PricewaterhouseCoopers.

Macq tops income sector review

COMPANY RELEASE  |  FRIDAY, 2 OCT 2009
The Macquarie Income Opportunities fund is the only fund to receive a 'highly recommended' rating after a review of 13 income funds by Lonsec.

Britten to head BlackRock Global Investors in Aus

MICHELLE BALTAZAR  |  THURSDAY, 1 OCT 2009
Will Britten, the chief executive of BGI's local arm, will take over the reins at the soon-to-merge $44 billion-plus fund manager, BlackRock Global Investors in Australia, with BlackRock Australia chief executive, Maurice O'Shannassy, leaving the firm.

Macquarie buys investment bank FPK

COMPANY RELEASE  |  THURSDAY, 1 OCT 2009
Macquarie Group's buying spree continues with its latest acquisition, investment bank Fox-Pitt Kelton Cochran Caronia Waller.

Not proud of Storm involvement: Norris

RUTH LIEW  |  THURSDAY, 1 OCT 2009
CBA chief executive Ralph Norris has acknowledged that the bank's involvement with Storm Financial was not something he was proud of - but hopes the processes put in place to help affected customers would ease some of their burden.

GFP snaps up Timbercorp assets

COMPANY RELEASE  |  THURSDAY, 1 OCT 2009
An international forestry investment fund advised by Global Forest Partners (GFP) has signed a contract to buy Timbercorp's forestry assets - outbidding other buyers including First Super-backed consortium, TC Growers.

Aus Ethical overhauls website and PDS

COMPANY RELEASE  |  THURSDAY, 1 OCT 2009
Australian Ethical Investment has revamped its product disclosure statement (PDS) and website to cut paper use while still providing adequate information to investors.