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Investment

Challenger commits to annuities

RUTH LIEW  |  MONDAY, 16 FEB 2009
The transfer of the AXA annuity liabilities November last year to Challenger resulted in the firm receiving a $1.3 billion boost in cash and debt security assets, according to its latest half year report.

Energy fund bucks market slump

COMPANY RELEASE  |  MONDAY, 16 FEB 2009
The Bakers Alternate Energy Fund finished 2008 with a 0.2 per cent positive performance - yards ahead of the S&P/ASX300 Index's 42 per cent loss over the last calendar year.

More donations to help Bushfire Appeal

MICHELLE BALTAZAR  |  FRIDAY, 13 FEB 2009
Donations continue to pour from the financial services industry for those affected by the bushfires in Victoria.

Investors turn to ETFs

MICHELLE BALTAZAR  |  THURSDAY, 12 FEB 2009
New research from the Investment Company Institute of Washington has reported that US investors withdrew US$128.7 billion out of managed funds but invested US$133 billion into exchange traded funds (ETFs) in the first 11 months of 2008.

Asia FMs to wield more power

MICHELLE BALTAZAR  |  THURSDAY, 12 FEB 2009
While US and European fund managers are reeling from the wave of investor redemptions during the credit crisis last year, their Asian counterparts enjoyed net inflows to the tune of US$140 billion.

Austock fund added to netwealth wrap

MICHAEL HOBBS  |  THURSDAY, 12 FEB 2009
Austock Asset Management's High Yield fund has been added to the Netwealth Investment Wrap suite.

PE group adopts ESG

MEDIA RELEASE  |  THURSDAY, 12 FEB 2009
US based Private Equity Council (PEC) members have agreed to integrate governance, social, health, labour and environmental issues into their investment processes.

Africa wants slice of bail-out

MICHELLE BALTAZAR  |  WEDNESDAY, 11 FEB 2009
Africa's leaders urge governments in the US, Europe and Asia to add an African component to their stimulus packages so the continent continues its economic turnaround after the GFC.

Real estate under threat

RUTH LIEW  |  WEDNESDAY, 11 FEB 2009
Real estate could soon be a threatened asset class if property fund managers are not transparent about the sales and devaluation of their funds, says a US property investment expert.

Everest B&B appoints RE

MICHAEL HOBBS  |  WEDNESDAY, 11 FEB 2009
Everest Babcock & Brown Investment Trust has appointed Trust subsidiary, Permanent Investment Management Limited as the fund's responsible entity (RE).