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Investment

Diversified funds on the wane?

MICHAEL HOBBS  |  MONDAY, 25 AUG 2008
Money is flowing out of diversified 'single manager' funds as multi-managers gain popularity, according to Lonsec.

Challenger buys 30pc stake in ex-CS boutique

RUTH LIEW  |  FRIDAY, 22 AUG 2008
Challenger has snapped up 30 per cent of a soon to be launched fixed interest boutique headed by former head of fixed interest at Credit Suisse Asset Management Australia, Ben Alexander.

Time out for specialist funds

WWW.THESHEET.COM  |  FRIDAY, 22 AUG 2008
A group of investors and asset consultants, sitting on a panel at an InAssociation infrastructure conference in Sydney on Wednesday, was asked to make a call on the future of the investment bank specialist funds model. They agreed it was over.

TOWER Investments signs UN PRI

MICHAEL HOBBS  |  FRIDAY, 22 AUG 2008
New Zealand-based TOWER Investments became one of the first KiwiSaver providers to sign the United Nations Principles for Responsible Investment (UN PRI).

S&P rates AQE fund five stars

MICHAEL HOBBS  |  FRIDAY, 22 AUG 2008
Standard & Poor's awarded Goldman Sachs JBWere Asset Management's (GSJBW) Australia Quantitative Equity Fund (AQE Fund) a four star rating.

Liquidity jitters raise income yield

MICHELLE BALTAZAR  |  FRIDAY, 22 AUG 2008
The running yield across Putnam's income funds has trebled from less than 1 per cent above cash to more than 3 per cent above cash and, according to the fund manager, the fixed income market is throwing up opportunities it hasn't seen in 20 years.

Advisers snub commission-free ETFs

MICHAEL HOBBS  |  THURSDAY, 21 AUG 2008
A key reason financial advisers choose managed funds over exchange traded funds (ETFs) is because ETFs fail to provide enough financial incentives, according to CommSec.

Perpetual posts $133m profit

MICHAEL HOBBS  |  THURSDAY, 21 AUG 2008
Perpetual's end of the financial year results came at the lower end of estimates, with the firm's operating profit after tax falling eight per cent on the prior year to $133.5 million.

Aon signs UN PRI

RUTH LIEW  |  THURSDAY, 21 AUG 2008
Aon Consulting Worldwide has taken a serious stance in managing environmental, social and governance issues by becoming a signatory to the United Nations Principles for Responsible Investment (UN PRI).

Credit investors put bond issuers on notice

WWW.THESHEET.COM  |  WEDNESDAY, 20 AUG 2008
Wesfarmers handling of the Coles notes matter and the reaction of investors is indicative of a new dynamic in the Australian credit market. Investors are more questioning in their dealings with issuers.