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Investment

Investors flock to listed property ETFs

MICHAEL HOBBS  |  THURSDAY, 20 AUG 2009
The number of State Street Global Advisors' (SSgA) listed property exchange traded fund (ETF) units on issue has nearly quadrupled in 18 months.

Premium shareholders approve program

COMPANY RELEASE  |  THURSDAY, 20 AUG 2009
Premium Investors' shareholders have voted in favour of the board's proposed capital management program.

Perpetual poised to gain market share

MICHELLE BALTAZAR  |  WEDNESDAY, 19 AUG 2009
Perpetual outlines its strategies designed to make its products and services more appealing to investors as sentiment towards equities turn more positive and the "dash to cash" comes to an end.

Fundies and analysts target IT sector

MICHAEL HOBBS  |  WEDNESDAY, 19 AUG 2009
Locally listed IT firms are catching the eye of stock analysts and high conviction fund managers as technology-related goods and services move from being a discretionary spend to a "must have" for today's consumers and businesses.

S&P rates AMP bond fund

COMPANY RELEASE  |  WEDNESDAY, 19 AUG 2009
Standard & Poor's has given a 'four star' rating to the AMP Capital Corporate Bond fund.

Independent directors not always a good thing

RUTH LIEW  |  WEDNESDAY, 19 AUG 2009
It's a contrarian thought but banks and financial institutions should not put too much emphasis on independent directors, as industry aligned directors are likely to bring more value after the GFC, said an academic expert.

HSBC wins AMP Capital mandate

COMPANY RELEASE  |  WEDNESDAY, 19 AUG 2009
HSBC-owned quant manager Sinopia has won a mandate to provide global passive inflation-linked bonds to AMP Capital's Future Directions Diversified Funds.

Challenger to ramp up life and funds mgmt after mortgage sale

MICHELLE BALTAZAR  |  TUESDAY, 18 AUG 2009
Challenger Financial Services said it intends to focus its resources on its life and funds management businesses following the sale of its mortgage management division to NAB for $385 million.

BlackRock tops diversified funds review

COMPANY RELEASE  |  TUESDAY, 18 AUG 2009
BlackRock Investment Management is the only fund manager to receive a 'highly recommended' rating from Lonsec in its diversified funds sector review.

Westpoint auditors get just desserts

ASIC RELEASE  |  TUESDAY, 18 AUG 2009
Three KPMG partners have been banned as registered auditors for periods ranging from nine to 24 months following ASIC's crackdown on their roles in the Westpoint collapse.