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Investment

Magellan flags risk plan for Douglass

MARK SMITH  |  THURSDAY, 13 OCT 2016
Magellan chairman Brett Cairns has publically addressed the risk of anything happening to "key man" Hamish Douglass, reassuring investors that a plan of succession is in place.

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 13 OCT 2016
Australia consumer sentiment improves for a third month; US JOLTS misses expectations; China car sales surges; Eurozone economic sentiment up sharply.

Private capital industry growing at record speed

ALEX BURKE  |  WEDNESDAY, 12 OCT 2016
Of the 168 private capital funds active in 2016, 23 were newly-established between January and August - the highest rate on record, according to a new Preqin report.

Link partners with software firm

ALEX BURKE  |  WEDNESDAY, 12 OCT 2016
Link Group has made a strategic investment in a provider of real-time data, budgeting and reporting software.

Buffett fires back at Trump tax claims

MARK SMITH  |  WEDNESDAY, 12 OCT 2016
Billionaire investor Warren Buffett has hit back at Donald Trump's criticism of his tax affairs in the latest presidential debate by publishing tax returns showing he's never used the tax deduction exploited by the Republican nominee.

EM equities beating global indices: VanEck

ALEX BURKE  |  WEDNESDAY, 12 OCT 2016
Emerging market equities have outperformed global indices over 2016's third quarter after several years of underperformance, according to VanEck research.

Perpetual Global Share Fund strengthens defence

MARK SMITH  |  WEDNESDAY, 12 OCT 2016
Perpetual has upped the cash weighting in its Global Share Fund and decreased its exposure to cyclical stocks on concerns the end of the economic cycle is approaching.

Legg Mason, AB funds highly recommended

MARK SMITH  |  WEDNESDAY, 12 OCT 2016
The Legg Mason Martin Currie Equity Income Trust and the AB Managed Volatility Equities Fund have received highly recommended ratings from Lonsec in the research house's latest review.

ASX responds to CFR regulatory expectations

KERRIE SYDEE  |  WEDNESDAY, 12 OCT 2016
The ASX has updated its Cash Equities Clearing and Settlement Code of Practice to align with new Council of Financial Regulators (CFR) policy statements.

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 12 OCT 2016
Australia business confidence holds up but housing finance commitments fall; US Labor Market Conditions Index (LMCI) declines.