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Asset management

Royal Bank of Canada reaches agreement over Enron case

The Royal Bank of Canada (RBC) has reached a settlement agreement with Enron, the Enron creditors’ committee and Dutch firm Rabobank, resolving aspects of a share transaction known as ‘Cerberus’. The transaction also involved the use of total return…

Getting ready for IAS

With International Accounting Standard 39 set to be implemented in Australia in January 2005, John Kidd and Jim Godsil of Deloitte Touche Tohmatsu warn that early preparation is critical.

Making waves

With returns of 88.74% since inception, IAM's Alternative Investment Strategies fund of hedge funds is keeping its investors happy

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