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29 June 2009 • By Vishal Teckchandani • 1 min read

BlackRock decides not to have fund re-rated

Research house Standard & Poor's (S&P) has withdrawn its three-star rating of the BlackRock WS Property Securities Fund (Aust) (Class D), ...

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Fidelity to lower investment threshold

  Fidelity looks to attract more direct investors by lowering its threshold for minimum investments. Fidelity International Australia plans to ...

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Watson Wyatt merges with Towers Perrin

Watson Wyatt Worldwide and Towers, Perrin, Forster & Crosby agree to a $4.34 billion merger.Asset consultants Watson Wyatt Worldwide and Towers, ...

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Slater & Gordon confirms BOQ action

Denials from Bank of Queesland over Storm Financial will not stop legal proceedings against the firm, according to Slater & Gordon.Litigation firm ...

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Super funds shift spotlight on currency

Extreme currency movements have prompted super funds to dramatically change their focus on the asset class, a NAB survey has found.Superannuation ...

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Rich clients lose confidence in advisers

More than 25 per cent of wealthy clients in 2008 withdrew their assets from their wealth management firm and deserted their financial ...

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REITs must regain investor confidence

The REIT sector must reassess its offering in order to restore investor confidence.Real estate investment trusts (REIT) may be about to rebound, but ...

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ASIC close to Storm compensation decision

The corporate regulator plans to make a decision over potential compensation action for Storm Financial investors in the coming months

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Colonial hires regional manager

Colonial First State Global Asset Management has hired a former Russell manager to lead its regional business.Investment firm Colonial First ...

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Wealth management still a focus: Suncorp

Suncorp says life insurance will be its core strategic business focus going forward but there are no plans to withdraw from asset ...

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