Super board quality compromised over pay ratesBY ALICE URIBE | FRIDAY, 19 JUL 2013 11:40AMThe level of superannuation fund board members salaries is reducing effectiveness according to law firm Corrs Chambers Westgarth chief executive John Denton. |
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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.
You can be absolutely certain that if the Coalition wins the next election and removes all those dreadful union officials from industry funds, there will be a miraculous opportunity for directors' fees to be increased significantly.