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Investment

Get into corporate bonds: Aberdeen

COMPANY RELEASE  |  THURSDAY, 23 JUL 2009
High quality corporate bonds will rise and offer a unique opportunity for Australian investors over the short to medium term, despite an expected surge in government debt issuance, said Aberdeen Asset Management.

Australian Ethical closes World Trust

MICHAEL HOBBS  |  THURSDAY, 23 JUL 2009
Australian Ethical Investment has closed the firm's World Trust, redirecting investors to a similar trust that offers lower fees and requires a lower minimum investment amount.

Epoch wins record $1.35bn equities mandate

MICHELLE BALTAZAR  |  WEDNESDAY, 22 JUL 2009
US-based Epoch Investment Partners has scored a $1.35 billion mandate from a subsidiary of New York Life, one of the largest mutuals in the US, suggesting that free cash flow (FCF) investing is attracting major inflows after the GFC.

Instos allocate $980m to catastrophe bonds

COMPANY RELEASE  |  WEDNESDAY, 22 JUL 2009
Bermuda-based Nephila Capital, which counts AMP and MLC as clients, has raised $980 million in the second quarter of this year from institutional investors targeting catastrophe reinsurance funds.

Avoid financial speculation: Pontiff

ALEX DUNNIN  |  WEDNESDAY, 22 JUL 2009
Pope Benedict XVI has put his weight behind fundamental long term investing and warned against speculative short-term investment in synthetic assets.

Director to plead guilty for insider trading

ASIC RELEASE  |  WEDNESDAY, 22 JUL 2009
A former director of Lion Selection has appeared in the Melbourne Magistrate's Court to face charges of insider trading - and has indicated to the court that he would plead guilty to the charge.

SWF Institute opens trading platform

COMPANY RELEASE  |  TUESDAY, 21 JUL 2009
The Sovereign Wealth Fund Institute has launched a confidential trading platform that allows some of the biggest institutional investors to trade assets.

Agribusiness MIS suffer 77pc drop

RUTH LIEW  |  MONDAY, 20 JUL 2009
First Timbercorp fell, then Great Southern plummeted - fuelling Australia's agribusiness managed investment schemes sector to suffer a 77 per cent decline in invested funds for the last financial year.

MMC Contrarian sells asset management arm

COMPANY RELEASE  |  MONDAY, 20 JUL 2009
MMC Contrarian has sold its asset management division to Valuestream Investment Management.

Mutual funds gain record flows

COMPANY RELEASE  |  MONDAY, 20 JUL 2009
Equity and bond funds in the US attracted over $300 billion in the first half of this year -the best net flows in mutual funds for more than two years, according to a report.