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Investment

Treasury's FUM hit by value managers

MICHAEL HOBBS  |  THURSDAY, 17 JUL 2008
Treasury Group's total funds under management at the end of June dropped more than 13 per cent to $12.4 billion as a result of two value managers suffering significant outflows.

Northern Trust gains $1bn custody mandate

MICHAEL HOBBS  |  THURSDAY, 17 JUL 2008
US based fund administrator and custodian, Northern Trust has been selected to provide fund administration services to BH Global, a feeder fund worth more than $1 billion.

Bellwether secures debut mandate

RUTH LIEW  |  THURSDAY, 17 JUL 2008
Boutique fund manager Bellwether Partners won its first institutional investment mandate after the $430 million Combined Fund invested in its high performing flagship fund.

Dimensional wins $100m Aust Eq mandate

RUTH LIEW  |  WEDNESDAY, 16 JUL 2008
Global insto asset manager Dimensional has secured a $100 million Australian core equities mandate with Zurich Investment Management.

Perpetual capital protected gains $130m

RUTH LIEW  |  WEDNESDAY, 16 JUL 2008
ASX listed Perpetual Limited's capital protected structured products has attracted more than $130 million from retail investors.

CFS GAM rides $1bn infra wave

MICHAEL HOBBS  |  WEDNESDAY, 16 JUL 2008
Colonial First State Global Asset Management (CFS GAM) remains bullish on domestic and international unlisted infrastructure assets after attracting approximately $1 billion in new infrastructure mandates in nine months.

S&P awards hotel fund 'three stars'

MICHAEL HOBBS  |  WEDNESDAY, 16 JUL 2008
Research and ratings firm, Standard & Poor's awarded the unlisted property fund, Abacus Hospitality Fund a 'three star' rating.

S&P names 2008 Fund Awards finalists

MICHELLE BALTAZAR  |  TUESDAY, 15 JUL 2008
Many familiar names and a handful of boutique funds are named among the finalists of this year's 2008 Standard & Poor's Fund Awards.

Fundies use proxy voting

MICHELLE BALTAZAR  |  TUESDAY, 15 JUL 2008
US fund managers drive better governance in the companies they invest in by using proxy votes to block board decisions that are not in the shareholder's best interest, a study found.

Reporting season hikes A-REITs worth

RUTH LIEW  |  TUESDAY, 15 JUL 2008
APN Funds Management (APN FM) is trumpeting the return of value to the A-REIT sector, but the fund manager also singled out this year's reporting season as the crux in restoring full investor confidence in the asset class.