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Investment

Macq confirms bank guarantee

MICHAEL HOBBS  |  THURSDAY, 20 NOV 2008
Macquarie Group has informed retail banking clients the Federal Government's Guarantee will extend to its cash deposits across its banking product suite at no extra cost.

IML signs UN PRI

MICHAEL HOBBS  |  THURSDAY, 20 NOV 2008
Investors Mutual Limited (IML) has signed the United Nations Principles for Responsible Investment (UN PRI), adding more than $4 billion in funds under management to the burgeoning responsible investment pool of assets.

Platforms should adopt insto approach

RUTH LIEW  |  THURSDAY, 20 NOV 2008
Platforms should adopt an institutional approach to product selection, rather than merely bowing to the demands of short-term trends.

Social investment MIS targets community projects

ALEX DUNNIN  |  WEDNESDAY, 19 NOV 2008
Foresters Community Finance has created an investment product that allows people to invest in the non-profit and charity sectors and still draw competitive fixed interest type returns of five to six per cent.

Responsible investments still in vogue

RUTH LIEW  |  WEDNESDAY, 19 NOV 2008
Investors have pumped $4.1 billion into responsible investments in the last year, bringing the sector's figures to $57.1 billion, according to the Responsible Investment Association Australasia.

FTSE opens environment indices

MICHAEL HOBBS  |  WEDNESDAY, 19 NOV 2008
FTSE Group added nine more indices to its Environmental Opportunities Index Series to cater for investors seeking exposure to water, alternative energy and waste management companies.

First Quadrant taps global macro trends to gain 12pc

MICHELLE BALTAZAR  |  TUESDAY, 18 NOV 2008
Fund manager First Quadrant returned 12 per cent in the three months to September by taking a contrarian view on how to exploit volatility in equities, debt and currency markets.

BNP Paribas wins NZ mandate

RUTH LIEW  |  TUESDAY, 18 NOV 2008
BNP Paribas has won a custodial mandate with New Zealand's second largest community trust, the $500 million Canterbury Community Trust.

Murray to leave Perpetual after restructure

RUTH LIEW  |  TUESDAY, 18 NOV 2008
Perpetual is integrating its property securities division into its Australian equities arm, with head of property securities Sean Murray exiting the company in the process.

Macquarie takes market hit

RUTH LIEW  |  TUESDAY, 18 NOV 2008
It's been a tough six months for Macquarie's wrap and fund divisions as falling markets offset otherwise strong platform inflows and slash fund profits to as much as 80 per cent less than what they were previously.