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| | | The vast majority of Australian active managed funds have under-performed their respective benchmark across virtually all sectors of the market over one, three and five years, the latest data from S&P Dow Jones Indices shows. The worst offending sector ... |
| | | | Standard Life Investments has named the person to head of its new infrastructure debt team in its London office. Former head of project finance (public sector) at Nationwide Building Society Jeremy Allcock will lead the team and assume responsibility ... |
| | | | Members with very low balances are considerably worse off under the MySuper flat fee rules, according the UniSuper chief executive Kevin O'Sullivan. O'Sullivan said that since the MySuper rules did away with member protection, in some cases members ... |
| | | | PIMCO is calling for calm amid the uncertainty which has followed the surprise departure of star manager Bill Gross, reassuring local investors that returns will not suffer. "We manage nearly $2 trillion globally in client assets and we are confident ... |
| | | | UBS Global Asset Management has launched the UBS Microcap Fund, which gives investors exposure to microcap companies outside the ASX300. The fund is managed by microcap portfolio manager Joel Fleming and has support from UBS' existing small companies ... |
| | | | In terms of hedge fund size, there is a sweet spot in which it is easiest to operate, but which the vast majority of allocators are ignoring, according to FRM chief investment officer Keith Haydon. Addressing representatives of the Australian and global ... |
| | | | AMP Capital has added its Global Listed Infrastructure Fund to its SMSF Suite, joining the Corporate Bond Fund and the Wholesale Australian Property Fund. The addition will give self-managed superannuation funds (SMSFs) access to listed infrastructure ... |
| | | | Financial advisers should be forced to undergo mandatory ethics classes as part of a comprehensive overhaul of the professional standards of the industry, the not-for-profit superannuation industry has argued. In a joint submission to the Parliamentary ... |
| | | | Cbus has today launched its member direct investment (MDI) option, Cbus Self Managed, in a move to provide an alternative to self-managed superannuation funds (SMSFs). The option gives members access to ASX 300 listed companies, 16 Exchange Traded Funds ... |
| | | | Long-serving HESTA chief executive Anne-Marie Corboy has announced plans to leave the fund. In announcement made this afternoon, Corboy has said that she will leave HESTA at the end of February 2015 after 16 years at the helm. No replacement has been ... |
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