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Investment

Cuscal targets super as profit soars

RUTH LIEW  |  TUESDAY, 9 SEP 2008
Cuscal has reported an operating profit after tax of $18.7 million for the year ending 30 June - marking a year of continued growth as the firm expands its services in the superannuation sector.

Europe pension assets on the rise

RUTH LIEW  |  TUESDAY, 9 SEP 2008
European pension assets have been battered by the bear market but the sector still managed to spurt a decent 5.7 per growth - bringing total assets to $6.4 trillion.

IFSA heads to China and HK

MICHAEL HOBBS  |  TUESDAY, 9 SEP 2008
An Investment and Financial Services Association (IFSA) delegation is visiting Hong Kong and China to develop closer links between Australia and the region.

Saved by the Fed

MICHELLE BALTAZAR  |  MONDAY, 8 SEP 2008
Troubled mortgage giants Fannie Mae and Freddie Mac will be reborn in a four-pillar strategy put forward by the US government - a move that brought fast relief to the credit markets.

Boutique incubators work best: Russell

RUTH LIEW  |  MONDAY, 8 SEP 2008
"Get in early and fast" is the winning formula when it comes to adding star boutique investment managers to a firm's funds, says Russell Investments.

Schroder's fund gets Lonsec nod

RUTH LIEW  |  MONDAY, 8 SEP 2008
The Schroder Australian Smaller Companies Fund has received a "Recommended" rating from Lonsec.

Retail fund FUM drops $12bn

MICHAEL HOBBS  |  MONDAY, 8 SEP 2008
Funds under management (FUM) across the retail managed funds sector fell by nearly $12 billion to $532 billion during the June quarter, with Australian Wealth Management (AWM), BT Financial Group and NAB/MLC posting the biggest losses.

SWFs finalise principles

MICHAEL HOBBS  |  MONDAY, 8 SEP 2008
Sovereign Wealth Funds (SWFs) and the International Monetary Fund (IMF) are finalising a set of voluntary principles which aim to shed some light on the investment activities of the sector.

Hedge funds to beat

MICHELLE BALTAZAR  |  FRIDAY, 5 SEP 2008
The AIMA Australia Hedge Fund awards held last night highlighted 15 of the leading hedge fund managers in the country, with one awardee returning 39 per cent and another gaining as much as 265 per cent in the last 12 months.

S&P recognises industry best

MICHAEL HOBBS  |  FRIDAY, 5 SEP 2008
BT Financial Group, Zurich Investment Management and Greencape Capital were among the winners of this year's Standard & Poor's Fund Awards.