The Bank of New Zealand has won the FundSource Fund Manager of the Year Awards for the second consecutive year.

FundSource sees some positive signs amongst gloomy funds flow figures.

Property company Urbus is proposing to acquire nine Waltus syndicates at $157 million.

The following is a summary of FundSource's investment research process that is used to select nominees and the eventual winner of the Fund Manager of the Year Award.

The FundSource Award Nominees

The 11th annual FundSource New Zealand Funds Management Industry Awards have commenced!

Increased trail commissions, AMP first ATO.

BT Funds Management (BT) has agreed to appoint Putnam Investments 1 to manage A$5 billion of international share assets within BT's range of managed funds and superannuation portfolios. The announcement follows an extensive search by global research firm, the Frank Russell Company. Frank Russell's task was to find the best international equities manager - of similar investment style to that currently used by BT - for BT investors. The following provides you with some further information on this appointment.

Rotorua

It may take legislation to ensure high standards in the mortgage broking industry and to eliminate illegal or sub-standard practices, Rob Tucker, the immediate past chairman of the Mortgage Brokers Association warned the recent annual conference.

Auckland