Colonial First State Global Property Securities Fund rating unaffected by portfolio manager departure

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Standard & Poor’s Fund Services today stated its rating on the Colonial First State Wholesale Colliers Global Property Securities Fund is unaffected by the departure of Stuart Martin, a Senior Portfolio Manager within Colonial First State Global Asset Management’s (CFSGAM) property securities team.  Standard and Poor’s was informed in early 2011of Mr. Martin’s intention to […]

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S&P: Corals Commodity Fund rating unaffected by proposed change in Responsible Entity

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Standard & Poor’s Fund Services today stated that its rating on the Barclays Corals Commodity Fund is unaffected by Barclays’s proposed change of responsible entity from Aurora Funds Management to Celsius Investments Australia Ltd. Unit holders within the fund have been notified of the proposed change and a unit holder vote scheduled for November 25, […]

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BlackRock Index Fund ratings unaffected by fee reduction

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Standard & Poor’s Fund Services today stated that its ratings on a range of BlackRock index funds are unaffected by the manager’s announcement that it would lower its management fees to a new rate of 0.2 per cent.  From Oct. 1, BlackRock Asset Management has lowered its management fees on six BlackRock index funds. Depending […]

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S&P places UBS Property Securities Funds ‘On Hold’

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Standard & Poor’s Fund Services today placed the UBS Global Property Securities Fund and UBS Property Securities Fund ‘On Hold’. This follows a change in portfolio and research responsibilities, and is an outcome of UBS Global Asset Management’s (UBS Global AM’s) acquisition of ING Investment Management (INGIM).  David Scott and Patrick Barrett, previously members of […]

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S&P: Australian equity large-cap fund managers striving to stay on top

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Big brand and boutique managers alike continue to raise the bar in the quality and scope of research undertaken within the Australian equity sector, according to Standard & Poor’s Fund Services. This is a result of the strong competitive forces at play within the Australian equity sector and the tough environment for retail flows. Increasingly, […]

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S&P assigns Four-Star ‘NEW’ Rating to Advance Alternative Strategies Multi-Blend Fund

Standard & Poor’s Fund Services today assigned its four-star ‘NEW’ rating to the Advance Alternative Strategies Multi-Blend Fund, which is a hybrid approach to fund-of-hedge-funds (FOHF) investing managed through a partnership between Ramius Alternative Solutions (RASL) and Advance Asset Management. The product is designed to mitigate historical issues of investing within FOHFs. Namely, to provide […]

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WHK: fifth quarterly SME pulse survey findings

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The 5th Quarterly Pulse Survey, commissioned by WHK Group, provided few surprises.  Businesses are still concerned about the current economic outlook. But in an era of relatively low unemployment, it was surprising to see how many small-business owners have bunkered down. “What did surprise the WHK team was that half of the surveyed businesses are […]

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S&P Fund Services rates CBA Capital Series Spectrum product as ‘Strong’

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Standard & Poor’s Fund Services has assigned its ‘STRONG’ rating to the Commonwealth Bank’s (CBA)’s Capital Series Spectrum product, indicating it is an efficient and effective structure offering a value proposition for a clearly defined target market. The Spectrum product comprises three separate equity-linked investment strategies that offer the potential of capital growth and, in […]

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Lonsec considers the drivers for alternative assets positive in current environment

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Lonsec’s review of the Alternatives sector encompassed 25 funds across ‘Alternatives – Single Strategy and Alternatives – Multi-Asset/Multi-Manager funds. Five funds attained Lonsec’s highest rating, Highly Recommended – the Fauchier Partners Absolute Return Fund, BlackRock Scientific Global Markets Fund, Winton Global Alpha Fund, Aspect Diversified Futures Fund and Man AHL Alpha. Senior Investment Analyst Deanne […]

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S&P assigns Three-Star ‘New’ rating to Hunter Hall Asian Value Trust

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Standard & Poor’s Fund Services today assigned its three-star ‘new’ rating to the Hunter Hall Asian Value Trust, which is managed by Hunter Hall Investment Management using the same process as it does for its global equities fund.  “There are few surprises in store for investors familiar with Hunter Hall’s other equities products. The deep-value and […]

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