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Investment

TC Growers closer to buying Timbercorp assets

RUTH LIEW  |  TUESDAY, 11 AUG 2009
First Super-backed TC Growers is a step closer to acquiring the failed Timbercorp's forestry assets.

Leisure assets fall after GFC

COMPANY RELEASE  |  TUESDAY, 11 AUG 2009
Macquarie Leisure Trust Group's tangible asset values declined by 9 per cent to $620 million at the end of June after the group revalued its property portfolio.

Long/short funds push back into markets

COMPANY RELEASE  |  TUESDAY, 11 AUG 2009
Long/short hedge fund managers increased their net exposure to equity markets, allowing them to post positive returns last month, according to a replication index.

K2 benefits from planner focus

MICHAEL HOBBS  |  MONDAY, 10 AUG 2009
K2 Asset Management's push into the financial planning market is paying off and now accounts for nearly half the fund manager's business.

SocGen exec quits after insider trading probe

RUTH LIEW  |  MONDAY, 10 AUG 2009
Société Générale's long-standing executive committee member Jean-Pierre Mustier has resigned following a French Financial Markets Authority (AMF) probe into insider trading.

Managed accounts firm ramps up ESG

RUTH LIEW  |  FRIDAY, 7 AUG 2009
Dalton Nicol Reid, a specialist active portfolio manager of managed accounts, has signed up to the United Nations Principles for Responsible Investment (UN PRI) - proving that stricter governance can be applied through MAs.

Alpha selects Pengana volatility strategy

COMPANY RELEASE  |  FRIDAY, 7 AUG 2009
Alpha Fund Managers has added the Pengana Global Volatility strategy to its multi-manager line-up.

Wells Capital wins EM mandate

COMPANY RELEASE  |  FRIDAY, 7 AUG 2009
Wells Capital Management, an investment arm of Wells Fargo & Company, has been selected by Japan-based Nomura Asset Management to manage the firm's $1.1 billion Emerging Markets Consumer Stock fund.

Danger signs ahead but bargain stocks a-plenty: Faber

MICHELLE BALTAZAR  |  THURSDAY, 6 AUG 2009
Leading contrarian investor Dr. Marc Faber wears his "ultra bearish" cap in his Australian visit, predicting another financial crisis could happen in the next five to 10 years - but even that doesn't mean there aren't any investment opportunities, particularly ...

CFD demand rises with equities recovery

MICHELLE BALTAZAR  |  WEDNESDAY, 5 AUG 2009
Contracts for Difference (CFDs) are staging a comeback and, in the last 12 months, there was a power shift among the largest players too, new research found.