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Investment

FTSE launches Asian sector indices

MICHAEL HOBBS  |  WEDNESDAY, 1 APR 2009
Financial planners can access specific Asian sectors such as oil and gas, chemicals and health care for clients after FTSE Group released 18 new sector indices that target the region.

Mercer and Callan drop merger plans

COMPANY RELEASES  |  WEDNESDAY, 1 APR 2009
Mercer and Callan Associates have torn up the agreement to merge their investment consulting businesses.

Countdown to CIMA scholarships: IMCA

PRESS RELEASE  |  WEDNESDAY, 1 APR 2009
Investment consultants have two weeks to apply for an Investment Management Consultants Association (IMCA) scholarship worth $6,000.

CVC the preferred buyer of iShares

RUTH LIEW  |  WEDNESDAY, 1 APR 2009
Barclays has singled out private equity firm CVC Capital Partners as its preferred bidder for the bank's prized exchange traded funds asset, iShares.

Alleron focuses on cash and mandates

MICHAEL HOBBS  |  TUESDAY, 31 MAR 2009
Alleron Investment Management chief executive, Barry Littler is banking on the firm's $5 million in capital reserves and a $1 billion mandate pipeline to see the firm through the financial crisis.

Caravan parks deliver high income

MICHAEL HOBBS  |  MONDAY, 30 MAR 2009
Caravan park funds are shaping up to be a fresh option for financial planners looking for income-producing products after Aspen Parks Property fund returned more than eight per cent in income last year.

Bankwest cuts 400 staff

MICHAEL HOBBS  |  MONDAY, 30 MAR 2009
Commonwealth Bank of Australia subsidiary, Bankwest, is to shed around 400 employees from the bank's operations but confirms the financial planning arm will not be affected.

China and India investment themes remain: Actis

MICHAEL HOBBS  |  FRIDAY, 27 MAR 2009
Chinese consumer good producers and Indian finance companies are some of the best emerging market private equity opportunities this year, according to specialist private equity firm.

S&P withdraws two UBS ratings

MICHAEL HOBBS  |  FRIDAY, 27 MAR 2009
Standard & Poor's has withdrawn the ratings of UBS Global Asset Management's (Australia) global infrastructure securities and credit enhanced cash funds after the institution terminated both funds.

ESG dogged by poor metrics: McKinsey

ALEX DUNNIN  |  THURSDAY, 26 MAR 2009
Market turmoil might have turned investors' attentions towards considering ESG factors, but not all factors are considered equally important.