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Investment

S&P withdraws six ratings

COMPANY RELEASE  |  WEDNESDAY, 2 SEP 2009
Standard & Poor's has withdrawn the ratings on a MIR fund, a Legg Mason fund and four AMP Capital Investors funds at the request of fund managers.

Integrity wins $190m United mandate

RUTH LIEW  |  WEDNESDAY, 2 SEP 2009
United Funds Management has awarded Integrity Investment Management with a $190 million Australian equities mandate following the termination of its deal with MIR.

Barclays owns 5pc stake in Challenger

RUTH LIEW  |  WEDNESDAY, 2 SEP 2009
Barclays Global Investors has become a substantial shareholder of Challenger Financial Services with a 5.01 per cent stake in the James Packer-backed firm.

High expectations, low satisfaction on super advice

ROY MORGAN RELEASE  |  TUESDAY, 1 SEP 2009
More people are satisfied with superannuation advice from accountants than from independent financial advisers (IFAs), the latest research from Roy Morgan shows.

Boost allocation to top active managers: report

MICHAEL HOBBS  |  TUESDAY, 1 SEP 2009
Active managers enter a sweet spot in investments history with a three-year window to seriously make a mint for their investors, said BGI.

Ipac funnels $50m into alts

RUTH LIEW  |  TUESDAY, 1 SEP 2009
Ipac joins the fray of fund managers that are eyeing opportunities in debt securities - opening a new portfolio this year that is dedicated entirely to the asset class.

Bigger doesn't always mean better

RUTH LIEW  |  MONDAY, 31 AUG 2009
Having a large portfolio with hundreds of companies doesn't always generate the best diversification as the GFC has proven - sparking a time to revisit concentrated portfolio strategies to reap better returns, said Aberdeen Asset Management.

Recovery is too fast, too furious: IML

COMPANY RELEASE  |  MONDAY, 31 AUG 2009
Anton Tagliaferro, investment director at Investors Mutual Limited (IML), believes the local sharemarket's recovery over the past five months has overshot the mark.

Zenith rates Fairview fund 'recommended'

COMPANY RELEASE  |  MONDAY, 31 AUG 2009
Zenith Investment Partners has given a 'recommended' rating to the Fairview Emerging Companies fund.

Walsh takes up IRESS reins

RUTH LIEW  |  FRIDAY, 28 AUG 2009
Andrew Walsh, current head of IRESS' wealth management division, has been appointed managing director of the tech firm and will assume duties before the end of 2009.