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Superannuation

Emerging markets out, Japan in

The latest weekly report by US-based Emerging Portfolio Fund Research(EPFR) revealed that investors are bailing out of the market with $10billion of outflows on equity funds tracked by the group in the weekending May 24.

Lights, cameras, investment action

Australian film finance company Future Films Australia has launched an investment fund to appeal to savvy investors who want to invest in film but want do it through a properly structured vehicle.

INVESCO global funds back to four stars

HAMISH MADDEN  |  WEDNESDAY, 31 MAY 2006
INVESCO has had the ratings on its Global Matrix Funds reinstated to four stars by Navigator Research, after the funds were placed on hold due to staff departures.

Bravura set to fire with ASX listing

KATE HAGE  |  WEDNESDAY, 31 MAY 2006
Superannuation software solutions and consulting group Bravura Solutions is seeking to raise around $40 million through an Australian Stock Exchange (ASX) listing and has just lodged a prospectus with the Australian Securities and Investments Commission ...

Investors get money back from failed mortgage scheme

HAMISH MADDEN  |  WEDNESDAY, 31 MAY 2006
Thirty-seven Queensland investors have recovered money invested in a failed solicitor's mortgage scheme which the Federal Court found negligently and deliberately misled them.

Aussie fund frontrunner for Bank of China $12bn float

Investors in a little known Sydney-based fund Premium China Fund could become the early beneficiaries of the Bank of China's initial public offering (IPO), one of the most widely anticipated and sought after floats of the decade.

Citibank's Agent Penny: licensed to teach

Citibank in Malaysia has stepped up to the plate with a forward thinking investor education initiative that uses a comic book character called Agent Penny to promote financial education among young kids.

Common sense rules in portfolio construction

Investors should not abandon a common sense approach to managing their portfolio after new academic research found that many claims about the superior portfolio construction of fund managers can not be statistically tested or verified.

SA based Prescott expands into Sydney

KATE HAGE  |  TUESDAY, 30 MAY 2006
South Australian based wealth management and stockbroking firm Prescott Securities is expanding into New South Wales with the opening of a Sydney office in July.

NAB financial planner guilty of fraud

HAMISH MADDEN  |  TUESDAY, 30 MAY 2006
A former NAB financial planner has pleaded guilty to 13 criminal counts of dishonest conduct and fraud in the District Court of NSW.