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| | | Fund manager and superannuation provider Australian Ethical Investment has appointed former Lonsec distribution manager Steve Newnham executive director, business development. Newnham's appointment to the newly created position reflects Australian Ethical ... |
| | | | The Australian market looks set to open lower after ending last week in positive territory. At 0630 AEDT on Monday, the March share price index futures contract was down 17 points at 4,163. In economic news on Monday, the ANZ job advertisements series ... |
| | | | Australian stocks gained about half a per cent, breaking a three-day losing streak, as positive data from the US spurred hopes that the world economy may have some life yet. The number of US jobless claims fell to the lowest level in three years, data ... |
| | | | The National Tertiary Education Union, the main union representing UniSuper fund members, has written to members outlining their response to concerns about the superannuation fund. In a statement issued yesterday, the NTEU said, "The Union will take ... |
| | | | Institutional investors are missing out on discounted, transparent and volatility-safer assets by following the traditional investment strategy of bricks and mortar property assets, said one CFSGAM portfolio manager. Antoinette Plater, senior portfolio ... |
| | | | RREEF Infrastructure, the global infrastructure investment management business of Deutsche Bank has entered into an agreement to acquire a 40% interest in the Brisbane gas distribution business ALLGAS from APA Group. The acquisition was made on behalf ... |
| | | | Victorian accountant and LGH Holdings director, Mark Ronald Letten, is facing 37 charges including 21 counts of operating unregistered managed investment schemes and deception charges involving $1.4 million. Appearing before the Melbourne Magistrates' ... |
| | | | The Australian dollar has continued its slide downwards, following a growing sense of forboding around the issue of eurozone government debt. At 0700 AEDT the Australian dollar was trading at 98.95 US cents, down from 100.16 cents on Wednesday. Westpac ... |
| | | | AGEST Super has chosen AustralianSuper as a preferred merger partner with the merge to take place in 2012. As a result, AustralianSuper will have almost two million members, 160,000 employers and over $46 billion in funds under management. AGEST has ... |
| | | | UniSuper, one of Australia's largest super funds, came under attack last night, confirming that in the post-GFC volatile investment landscape no fund is immune from criticism. ABC's 7.30 news program last night ran a report on the $27 billion university ... |
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