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Water, water everywhere

BENJAMIN ONG  |  FRIDAY, 7 AUG 2015
Super Thursday. This is the term coined for the Bank of England's (BOE) data dump - announcing the monetary policy committee's (MPC) decision on interest rates, the MPC meeting minutes that led to the decision and the quarterly inflation report all ...

Henderson reveals costs of Australian acquisitions

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
... that for the remainder of the year it is fair to say that the Perennial acquisition is our focus." The acquisition will not close until later this year. "It's quite a lot of effort for us to extend our current global operating model down to the Australian ...

UniSuper appoints legal specialists

DARREN SNYDER  |  THURSDAY, 6 AUG 2015
Further developing its insourcing business model, industry fund UniSuper has appointed two executives to lead the advice and finance divisions of its legal services team. Joining UniSuper as head of risk and legal services for finance, operations, technology ...

Most members actively choose MySuper: research

DARREN SNYDER  |  WEDNESDAY, 5 AUG 2015
... returns; and view short-term performance to be of little consequence as long as return shocks are avoided, particularly close to retirement. While both members and funds acknowledged the relevance of fees, neither ranked them of highest importance against ...

Industry fund sponsors Oprah tour

DARREN SNYDER  |  WEDNESDAY, 5 AUG 2015
... their male peers." Whatley added Sunsuper's sponsorship of Oprah's tour is just one part of a broader program to help women close the gap between their super savings and those of male counterparts. The Oprah deal is the latest among several super fund ...

Market to open lower

AAP  |  WEDNESDAY, 5 AUG 2015
... while Hong Kong ended flat, down 0.02 per cent or 5.3 points to 24,406.12. Tokyo eased 0.14 per cent or 27.75 points to close at 20,520.36, while Seoul gained 0.97 per cent or 19.50 points to close at 2,027.99. In Australia, the benchmark S&P/ASX200 ...

QIC raises $1 billion for infrastructure fund

ALEX BURKE  |  TUESDAY, 4 AUG 2015
... particularly Australia. "I'm delighted by the level of support and fund commitments that QGIF has been able to secure in this first close as a result of our focused marketing efforts and a strong potential investment pipeline," said QIC Global Infrastructure ...

Northern Trust wins UCA mandate

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
Northern Trust has been appointed to provide global custody services for UCA Funds Management, one of Australia's largest ethical fund managers. UCA Funds Management chief executive, Michael Walsh, said the appointment also brings the company one step ...

Make it December (for now)

BENJAMIN ONG  |  MONDAY, 3 AUG 2015
... July) when all the rage was for a September Fed lift-off. Of course not for it didn't fit the narrative du jour. At the close of last week's trading, that narrative changed. "Traders are pricing in a 38 per cent probability that the Fed raises rates ...

Market to open lower

AAP  |  MONDAY, 3 AUG 2015
... the CAC 40 in Paris climbed 0.72 per cent to end the day at 5,082.61 points, while Frankfurt's DAX 30 won 0.46 per cent to close at 11,308.99 points. The euro advanced to $US1.1036 from $US1.0931 late in New York on Thursday. Analysts were disappointed ...