officials

Investment Strategy

Australian Unity reveals extent of guarantee damage

Investors in Australian Unity Investments’ two mortgage funds withdrew $150 million in the week after the Government’s October 13 announcement of a bank deposit guarantee, before the mutual froze redemptions for a month last Wednesday and joined industry calls for ‘deposit-like’ products to be included in the guarantee.
Investment Strategy

CalPERS

The Nasdaq-listed Morningstar Inc has continued its shopping expedition with a US$10 million purchase of the hedge fund and separately managed account database of software firm InvestorForce.
Investment Strategy

CalPERS

The Nasdaq-listed Morningstar Inc has continued its shopping expedition with a US$10 million purchase of the hedge fund and separately managed account database of software firm InvestorForce.