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Islamic finance forum to discuss Shariah growth opps

MARK SMITH  |  WEDNESDAY, 3 APR 2013
... compliant structures. The one-day forum will bring together senior industry figures, global Islamic investors, Islamic bankers and top Shariah scholars. The topics will focus on newly created capital market opportunities in Australia and what would be ...

Super funds at a 34-month high

STAFF WRITER  |  WEDNESDAY, 3 APR 2013
... percentage point segment gap is less than a quarter its normal level though over 10 years the gap is 1.6 percentage points. The top five Workplace super funds (by default options) over the 12 months were Lutheran Super with 17.4%, Combined Super with ...

Market Wrap

AAP  |  WEDNESDAY, 3 APR 2013
The Australian market looks set to open higher after gains on Wall Street. At 0825 AEDT on Wednesday, the June share price index futures contract was up 12 points at 4,988, with 4,271 contracts traded. In economics news on Wednesday, the Australian ...

Super election infighting intensifies

MARK SMITH  |  TUESDAY, 2 APR 2013
... super have come from all corners of the financial services industry from consumer groups such as National Seniors Australia to top executives like Commonwealth Bank boss Ian Narev. Now Simon Crean, sacked from the cabinet for his role in last month's ...

Earnings growth key to equity returns

MARK SMITH  |  THURSDAY, 28 MAR 2013
... that double digit growth is sustainable over the long term, provided you focus on the fundamentals. Our expectation is that top line growth is key, as the market can't expect to continue to rely on cost savings alone."

Super debate heats up ahead of Budget

MARK SMITH  |  THURSDAY, 28 MAR 2013
... the Age Pension, concessionally-taxed contributions and the low-income superannuation contribution, while a person in the top income tax bracket will receive it as tax concessions for super," she said. But joining the debate for the first time, action ...

CFSGAM appoints CIO, infra analyst

LAURA MILLAN  |  WEDNESDAY, 27 MAR 2013
... platform, which secured mandates of more than US$600 million across the United States, Canada and locally. The fund has delivered top quartile performance since its inception in June 2007 and it has outperformed its benchmark by cumulative 21%. It has ...

CalPERS awards $500m multi-asset mandate

MARK SMITH  |  WEDNESDAY, 27 MAR 2013
One of the best-known pension funds in the US has awarded a significant mandate to Standard Life Investments' top-performing multi-asset fund. The California Public Employees' Retirement System (CalPERS) is investing US$500 million with the Edinburgh-based ...

Market Wrap PM

AAP  |  TUESDAY, 26 MAR 2013
... bailout and what it might mean for other periphery nations going forward." In the United States on Monday, stocks fell after a top European finance official suggested the Cyprus bailout framework could serve as a template for other European bank crises. ...

Superannuation to wield $6tr muscle by 2030

LAURA MILLAN  |  TUESDAY, 26 MAR 2013
... Securities and Fund Services at Citi. He also predicted "an era of mega global Australian superannuation funds with 10 of the 50 top super funds in the world being Australian." Allocation to overseas investments will grow from about 16% today to at least ...