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Investment

US pension funds issue debt ultimatum

BY MATT WOODINGTON | TUESDAY, 26 JUL 2011 12:50PM

US pension funds have issued a rallying call to President Barack Obama and Members of Congress to act immediately on US debt or risk long term damage to the country's retirement savings.

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Editor's Choice

Perennial Partners takes over Australian Unity fund

ANDREW MCKEAN

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

KARREN VERGARA

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

ELIZA BAVIN

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

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REI Super is rejigging its Conservative investment option and will change the name to "Growth Plus".

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