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Investment

AMP Capital Investors block poor corp governance

MICHELLE BALTAZAR  |  FRIDAY, 14 AUG 2009
Fund manager AMP Capital Investors revealed in its latest governance report to what extent it exercised its shareholder rights to vote against poor governance - including saying no to unjustified incentive schemes, re-election of poor performing board ...

BNY Mellon to buy Insight

COMPANY RELEASE  |  FRIDAY, 14 AUG 2009
The Bank of New York Mellon is looking to acquire Insight Investment Management from Lloyds Banking Group for $464 million.

Members vote for Lifeplan/Aus Unity merger

COMPANY RELEASE  |  FRIDAY, 14 AUG 2009
Lifeplan members have yesterday approved the proposal to merge with Australian Unity.

ADB pours $240m to worst hit nations

COMPANY RELEASE  |  THURSDAY, 13 AUG 2009
Armenia, Georgia and Tajikistan may still be foreign territories for international fund managers - but a large Asian bank has pumped $240 million into the countries in a move that will help them and subsequently their neighbours, boost their investment ...

ASIC targets another MIS scheme

ASIC RELEASE  |  THURSDAY, 13 AUG 2009
ASIC has commenced civil proceedings to wind up and appoint a liquidator to Finchley Central Funds Management - the responsible entity of managed investment scheme, Finchley Development Capital Funds.

Chartwell execs face criminal charges

ASIC RELEASE  |  WEDNESDAY, 12 AUG 2009
Two executives of Chartwell Enterprises are facing a combined 243 charges brought by ASIC for the $60 million collapse of the Geelong-based investment firm.

Russell property fund goes global

COMPANY RELEASE  |  WEDNESDAY, 12 AUG 2009
Russell Investments broadens the investment scope for its International Property Securities Fund following the appointment of a new underlying manager, Cohen & Steers Capital Management, to the fund.

FT opens global bond fund

COMPANY RELEASE  |  WEDNESDAY, 12 AUG 2009
Franklin Templeton Investments is using its fixed income clout and launching a multisector bond fund for institutional and retail clients.

Macq prepares for longevity risk

MEDIA RELEASE  |  TUESDAY, 11 AUG 2009
Australian investors who are dying for longevity-type products widely available in the US but not locally will soon see a raft of these products hit the shelves, with Macquarie Funds Group setting up an entire team purpose-built for this one product ...

Euro PE market shows value

MICHAEL HOBBS  |  TUESDAY, 11 AUG 2009
Mid-sized European companies are presenting solid long-term value as many firms are forced to sell their businesses and assets at lower prices, according to a private equity fund-of-fund manager.