Funds delivering 12.5% for past 12 monthsBY ALEX DUNNIN | FRIDAY, 1 MAR 2013 12:25PMSuper fund returns continued their recovery during January 2013 as the SelectingSuper Workplace default option index climbed again to now be on a 34-month high of 12.5%. |
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Perennial Partners takes over Australian Unity fund
Perennial Partners has agreed with Australian Unity Funds Management Limited (AUFM) to take over the investment management of the latter's Future of Healthcare Fund.
Platinum's FUM dips below $14bn
Platinum Investment Management's funds under management took a $1.65 billion hit to end up at $13.5 billion at the end of April.
AMP launches alternative debt fund
AMP said the new fund will provide bespoke access to global private debt investments but will only be available to some.
REI Super updates Conservative option
REI Super is rejigging its Conservative investment option and will change the name to "Growth Plus".
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Any chance you can do some research into which fund managers missed out on market returns or have outperformed?
Maybe you could do a story about how there are industry and retail super funds out there with "Balanced Funds" which have > 70% of assets in shares and property; so they're taking risks that their members have no idea about just so they can be "top five" on your articles.