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Investment

Equator Principles still relevant: CFS GAM

MICHAEL HOBBS  |  MONDAY, 30 JUN 2008
The Equator Principles are still relevant and won't be superceded by the rising popularity of the United Nations Principles for Responsible Investment, according to Colonial First State Global Asset Management (CFS GAM).

Perpetual to expand product line

MICHAEL HOBBS  |  FRIDAY, 27 JUN 2008
Perpetual is looking to roll out more income and structured products tomeet growing adviser demand as it concludes its restructure next week.

New multi-managers challenge incumbents: S&P

The latest S&P review of multi-managers in alternative strategiesshows that a new batch of fund managers are coming to the fore asinvestors change the rulebook on what fund products are great and whataren't.

HSBC opens wholesale wealth mgmt Down Under

RUTH LIEW  |  THURSDAY, 26 JUN 2008
Banking giant HSBC, which runs a $414 billion-plus investmentmanagement arm, is setting up a wholesale wealth management business inAustralia.

Pension alternatives investments top $860bn

MICHAEL HOBBS  |  TUESDAY, 24 JUN 2008
The amount of alternative assets managed by 99 of the world's largestinvestment managers on behalf of pension funds jumped 40 per cent to$864 billion last year, according to Watson Wyatt and Global Investormagazine.

FBI sting catches $2.4bn mortgage fraud

The U.S. Department of Justice and Federal Bureau of Investigation (FBI) swooped down Wall Street after charging more than 400 individuals for mortgage-related fraud and booked two ex-Bear Stearns hedge fund managers with conspiracy and securities fraud.