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TOP STORIESDaily Dispatches: Fullerton targets Europe7 September 2009Fullerton Fund Management, the funds offshoot of Temasek, currently manages just US$2.3bn of external money, in addition to the assets of its parent. But Fullerton hopes to bolster this tally by launching its first European Ucits funds via the migration of two existing vehicles from the Cayman Islands to Luxembourg before the end of the year. (Financial Times) Charles 'Chip' Goodyear has bid farewell to Temasek Holdings but some Singaporeans still will not let the matter rest. They demand to know why the American chief executive-designate of Singapore's investment agency left his post prematurely. (Asia One) Richard Li sealed a deal over the weekend to pay about $US500m for part of American International Group's asset management business, a bold new venture for the Hong Kong tycoon after recent high-profile setbacks. (The Australian) The number of job advertisements in Australian rose for the first time since April 2008, the latest sign that the Australian economy is emerging from its shallow downturn. The total number of jobs advertised increased 4.1 per cent in August to an average of 130,326 per week, according to the ANZ Bank's monthly survey. (Business Day)
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