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Showing 1111 - 1120 of 3426 results for "SMI"

Class partners actuarial certificate provider

MARK SMITH  |  MONDAY, 20 JUL 2015
Class, the company behind cloud-based SMSF tool Class Super, has partnered with actuarial certification firm Lime Actuarial. Actuarial certificates are generally required for SMSFs that pay a pension income stream and have an accumulation interest. ...

A$ down but would it stay down?

BENJAMIN ONG  |  MONDAY, 20 JUL 2015
Here we go, here we go, here we go... The dollar-A is back in the news again. For it's fallen below US74Ac at the close of trading last week and early morning exchanging shows the dollar-A is currently holding that level at US US73.71Ac Can't help but ...

SMSF direct property investment jumps 60pct

MARK SMITH  |  FRIDAY, 17 JUL 2015
The value of self-managed super fund (SMSF) investment in residential real estate has jumped 60% in the last four years, according to figures from the Australian Securities and Investments Commission (ASIC). In its submission to the Parliamentary Inquiry ...

Legalsuper appoints SA client service manager

MARK SMITH  |  FRIDAY, 17 JUL 2015
Legalsuper has appointed a client service manager to be the dedicated personal contact for members and employers in South Australia. Based in Adelaide, Richard Nordin commenced with the industry super fund for the legal community on 14 July. The fund's ...

Fund managers take cover behind cash sandbags

MARK SMITH  |  THURSDAY, 16 JUL 2015
Fund managers have ratcheted up their cash positions to levels not seen since before the financial crisis, the latest global survey from Bank of America Merrill Lynch shows. The July numbers show that cash levels have soared to an average of 5.5%, up ...

Towers Watson hires senior consultant

MARK SMITH  |  THURSDAY, 16 JUL 2015
Towers Watson has appointed a senior consultant to be based in the company's Sydney office. Aongus O'Gorman took up the role on 13 July and specialises in liquid diversifying strategies. O'Gorman was previously managing director of Round Tower Solutions ...

Australian funds turning to bourgeoning Asian REITs

MARK SMITH  |  WEDNESDAY, 15 JUL 2015
A growing market and attractive returns are seeing Australian institutions take an interest in the burgeoning Asian REIT market, according to one specialist in the asset class. Before 2000 it was all but impossible to invest in real estate investment ...

Perpetual sheds $3 billion

MARK SMITH  |  WEDNESDAY, 15 JUL 2015
Perpetual's funds under management (FUM) have fallen almost $3 billion in the three months to 30 June. Total FUM fell from $33 billion to $30.2 billion during the period. The fund manager attributed around half the fall ($1.6 billion) to depreciating ...

Australian alternatives assets top $250 billion

MARK SMITH  |  TUESDAY, 14 JUL 2015
Assets managed by the top 25 alternative investment managers in Australia has grown to more than US$250 billion ($338 billion), according to the latest survey by Towers Watson and the Financial Times. Macquarie in particular has benefitted from a shift ...

Northern Trust wins NZ Super mandate

MARK SMITH  |  TUESDAY, 14 JUL 2015
Northern Trust's international asset management arm has been appointed to run a Barclays Global Aggregate fixed income mandate for the $26 billion New Zealand Superannuation Fund (NZ Super). The new mandate, which incorporates the super funds' environmental ...