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16 January 2009 • By • 1 min read

Storm adviser memberships safe for now: FPA

FPA will not revoke memberships despite the closure of Storm Financial.The FPA memberships of Storm Financial (Storm) advisers will not be terminated ...

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Infrastructure firm boosts toll road operator stake

Infrastructure investment manager CP2 has invested $253 million in toll road operating firm ConnectEast.Under the deal, CP2 boosted its shareholding ...

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REITs flogged by financial crisis

Listed property was the worst performing sector of the Australian equity market in 2008, according to Mercer data.The global financial crisis ...

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Deutsche Bank cautious on China

China's economy to slow in 2009 on lower external demand and weaker domestic spending, according to a Deutsche Bank economist.Deutsche Bank chief ...

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Storm fallout shakes confidence in advice

Storm Financial clients may lack confidence in professional advice, according to Australia's largest dealer group.Clients of Storm Financial (Storm) ...

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Principal scores $160 million from Suncorp

Principal Global Investors wins a $160 million mandate with Tyndall/Suncorp Investment Management.Tyndall/Suncorp Investment Management has awarded a ...

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Citi and MS to merge wealth management

No impact to Citi Smith Barney Australia after Citi and Morgan Stanley agree to merge wealth management operations.Citi and Morgan ...

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IPO activity decimated in 2008

The number of IPOs conducted in 2008 were well below those carried out in 2007.The latest research report into initial public ...

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CBA denies Storm rescue deal

Court documents reveal embattled planning group approached CBA for funds before administrators were brought in.A rescue plan proposed by Storm ...

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Ausfund calls for lost super overhaul

The eligible rollover fund has lobbied for a single ERF to service the $12 billion lost super sector.Ausfund has called for a major ...

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