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17 June 2016 • By Tim Stewart • 1 min read

China Growth Fund ‘fit for purpose’: AMP Capital

AMP Capital has defended the ongoing operation of its China Growth Fund ahead of a 28 July extraordinary general meeting that will decide the future ...

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Crestone finalises UBS Wealth buy-out

UBS Australia has finalised the sale of its wealth management arm to newly-established entity Crestone Wealth Management. The sale of UBS Wealth ...

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HESTA awards IFM $500m mandate

Industry superfund HESTA has awarded a $500 million mandate to IFM Investors, to be put into global indexed equities. HESTA chief investment ...

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US Federal Reserve keeps rates on hold

The US Federal Reserve has decided to hold the federal funds rate steady, electing to keep it within the 0.25 to 0.5 per cent target range. Federal ...

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Investors 'doubling up' on Aussie real estate

Investors whose portfolios are dominated by domestic equities and Australian property should consider the diversification benefits of global listed ...

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AMP under pressure to close China Growth Fund

AMP Capital’s China Growth Fund has once again come under fire from hedge fund and major stakeholder LIM Advisors after the fund's discount to net ...

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ETF sector hits record $23bn

The Australian ETF market sector has reached a record high for funds under management, according to new data released by the ASX. Total funds under ...

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MSCI continues to shun China A shares

Global indexing firm MSCI has again delayed the inclusion of China A shares in its Emerging Markets index, but has left the door open for a potential ...

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New fixed income head for AMP New Zealand

AMP Capital has announced the appointment of its new co-head of the New Zealand fixed-income division following a re-alignment of its operating model

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Institutions looking to exit hedge funds

One quarter of institutional investors are planning to reduce their exposure to hedge funds in the coming year, according to a new report by Coller ...

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