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Investment

Aviva's term deposits hit $430m

MICHAEL HOBBS  |  MONDAY, 20 OCT 2008
Aviva's term deposits increased by $300 million to more than $430 million this year as superannuation members move their investments out of listed markets.

MCG appoints Select

RUTH LIEW  |  MONDAY, 20 OCT 2008
MCG Wealth Management has appointed Select Asset Management to administer its portfolio management process.

Optimum hires RBC Dexia

RUTH LIEW  |  MONDAY, 20 OCT 2008
Canadian fixed income manager Optimum Asset Management has appointed RBC Dexia Investor Services to provide custody, fund valuation and unitholder recordkeeping services.

TAAM wins $100m mandate

RUTH LIEW  |  MONDAY, 20 OCT 2008
One of Sweden's largest pension managers, the $43 billion AP1, has awarded Treasury Asia Asset Management with a $100 million Asian equities mandate.

CFD traders hibernate during crisis

RUTH LIEW  |  FRIDAY, 17 OCT 2008
The number of 'dormant' contracts for difference (CFD) traders rose 71 per cent from April last year to August 2008 due to market uncertainty.

Perennial bears the bear

MICHELLE BALTAZAR  |  THURSDAY, 16 OCT 2008
Fund manager Perennial turns to history to give financial planners cogent tips on how to ride the bear market and even better, beat the doom-and-gloomsters.

CSAM opens commodity fund

MICHAEL HOBBS  |  THURSDAY, 16 OCT 2008
Credit Suisse Asset Management is to offer its enhanced commodity fund to the retail and institutional market as a way for investors to gain returns that are uncorrelated to equity markets.

Cuffe fund outperforms index by 13.8 pc

RUTH LIEW  |  THURSDAY, 16 OCT 2008
Not many fund managers can claim that they are performing well amidst today's gloomy investment environment - but Chris Cuffe's Third Link Growth Fund managed to stay ahead of the index since its inception this year.

WW names top fund managers

MICHAEL HOBBS  |  THURSDAY, 16 OCT 2008
Colonial First State, Macquarie Bank Group and AMP were among Australia's funds management firms to be included in the Pensions & Investments/Watson Wyatt World 500 rankings last year.

ME to gain market share

MICHAEL HOBBS  |  THURSDAY, 16 OCT 2008
Industry Super Fund owned Members Equity Bank could be the accidental winner in the current race among the big four to buy their smaller rivals.