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GESB can manage tougher measures on capital reservesBY MICHAEL HOBBS | FRIDAY, 9 JUL 2010 1:20PM
WA-based GESB said the super fund supports the Cooper Review's recommendation on new capital requirements and said it won't be an issue even if - in theory - the super fund grows to $350 billion, the average size of a super fund by 2035 based on Treasury projections.
Life insurers will take on more risks and shun safe-haven assets in a bid to bump up returns in 2022.
AMP has appointed a new head of portfolio management for its troubled multi-asset group (MAG), hiring from Pendal.
A new study shows close to 80% of institutional investors and wealth managers are now looking favourably upon cryptocurrencies, citing strong capital growth and diversification benefits.
American Century has launched a global small-cap fund targeting Australian wholesale investors.
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