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Investment

Infiniti Capital opens Sydney office

COMPANY RELEASE  |  FRIDAY, 18 SEP 2009
Infiniti Capital, emerging market hedge fund of fund manager, has set up a Sydney office and hired former senior investment manager at HFA Asset Management, Darren Katz as head of its Australian business.

NAB buys Lodestar Capital stake

COMPANY RELEASE  |  WEDNESDAY, 16 SEP 2009
NAB's direct asset management business, nabinvest, has bought a 33 per cent stake in long-term absolute return boutique fund manager, Lodestar Capital Partners.

Yin to market yang

MICHELLE BALTAZAR  |  WEDNESDAY, 16 SEP 2009
Chinese authorities don't just speak another language, the way they regulate their stockmarket contradicts the Western dogma too, and that's a good thing for long-term Asian equities investors.

Banks to face liquidity crisis "fire drills": APRA

MICHELLE BALTAZAR  |  TUESDAY, 15 SEP 2009
Starting next year, Australian banks could be subject to "fire drills" that test how well they can cope with a severe market disruption, under new liquidity reporting rules proposed by APRA.

IOSCO to impose new rule on FoHFs

MICHAEL HOBBS  |  TUESDAY, 15 SEP 2009
The International Organisation of Securities Commissions' (IOSCO) fund of hedge fund (FoHF) report on liquidity risk and due diligence could impact how the sector is regulated in the future, said a hedge fund expert.

Ascalon adds hedge fund boutique

COMPANY RELEASE  |  TUESDAY, 15 SEP 2009
Ascalon Capital Managers has established a hedge fund boutique with three former Macquarie Funds Group executives.

Mercer restructures outsourcing business, Walters exits

MICHAEL HOBBS  |  MONDAY, 14 SEP 2009
Mercer is revamping its outsourcing business resulting in several new roles being created and senior executives including financial advice leader Scott Walters leaving the firm.

FTSE4Good deletes 15 from series

MICHAEL HOBBS  |  MONDAY, 14 SEP 2009
The FTSE4Good index series review resulted in 15 companies mostly based in Japan and the US being deleted from the series typically for failing to meet human and labour rights and environmental criteria.

PPM opens fund to more Australians

COMPANY RELEASE  |  MONDAY, 14 SEP 2009
Boutique investment manager Private Portfolio Managers (PPM) is opening its doors to more investors through the PPM York Super Fund.

FOS swamped with complaints

MICHAEL HOBBS  |  MONDAY, 14 SEP 2009
The Financial Ombudsman Service (FOS) is changing how it deals with investments, life insurance and superannuation complaints to cope with rising complaint volumes, particularly in financial planning.