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Investment

Governance indices create illusions: study

ALEX DUNNIN  |  WEDNESDAY, 18 MAR 2009
Indices that seek to describe a company's governance credentials through quantitative measures are poor indicators of future investment returns.

Perpetual buys Financial Pursuit

MICHELLE BALTAZAR  |  WEDNESDAY, 18 MAR 2009
Perpetual expands its private wealth arm when it bought Financial Pursuit, a long-running Sydney-based planning practice with $200 million of funds under advice (FUA).

CAAM funds awarded 'recommended' rating

MICHAEL HOBBS  |  WEDNESDAY, 18 MAR 2009
Credit Agricole Asset Management Australia's (CAAM) Global Bond fund and Global Emerging Markets fund have gained 'recommended' ratings from research firms.

Doors open for new ETFs

MICHELLE BALTAZAR  |  TUESDAY, 17 MAR 2009
Barclays' decision to place its leading exchange traded funds (ETFs) business, iShares, up for sale has the potential to change the sector's dynamic and lower the barrier to new entrants.

Seize the pay

MICHELLE BALTAZAR  |  TUESDAY, 17 MAR 2009
The days when executives get rewards-for-failure could soon be over if legislators back radical remuneration reforms proposed by a governance expert, which includes capping 'golden parachutes' and issuing share options that can only be cashed out after ...

Currency cushions GFC hangover

RUTH LIEW  |  TUESDAY, 17 MAR 2009
Institutional investors looking for a buffer to their rapidly depleting portfolios are now paying attention to BT Investment Management's Absolute Return Currency Fund - which last year lost only 1 per cent compared to some of its peers which lost up ...

PIR sold to Aegis

RUTH LIEW  |  TUESDAY, 17 MAR 2009
Specialist research house Property Investment Research has been bought by Aegis Equities Research.

RARE quality found in infrastructure

ALEX DUNNIN  |  TUESDAY, 17 MAR 2009
With billions of dollars in GFC stimulus money about to pour into infrastructure projects around the world, knowing how to find the best investment opportunities is crucial.

Hunter Hall says sorry

MICHELLE BALTAZAR  |  MONDAY, 16 MAR 2009
Peter Hall, the founder of $1.4 billion global equities fund manager Hunter Hall, started an investor presentation early this month with an apology for the group's "terrible performance" and set out a plan on how to recover last year's losses.

S&P launches carbon index

COMPANY RELEASE  |  MONDAY, 16 MAR 2009
Standard & Poor's has launched the S&P U.S. Carbon Efficient Index to measure the performance of large cap US companies with low carbon emissions.