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ABCs of super still confusing: Suncorp

RUTH LIEW  |  TUESDAY, 21 JUL 2009
... shows. A new survey by Suncorp showed that transition to retirement strategies and management expense ratio number among the top 10 most misunderstood super terms among Australians. The others are allocated pension, non-binding beneficiary, personal ...

LPTs recover and show value

MICHAEL HOBBS  |  TUESDAY, 21 JUL 2009
... discount because the market is, that could potentially be a good buy," he said. This comes after Rainmaker data found the top 40 Australian LPTs returned around 10 per cent over three months to the end of May this year. Some have returned well above ...

Jumping at shadows no more

BENJAMIN ONG  |  TUESDAY, 21 JUL 2009
"War is over, if you want it, want is over now" (John Lennon) Wall Street have resumed its upward trek after tripping some weeks back as number crunchers lowered company profit expectations and the dumping of warm bodies on the unemployment heap continued ...

Healthcare, utilities and EMs top FM list

COMPANY RELEASE  |  FRIDAY, 17 JUL 2009

Bullish bear

BENJAMIN ONG  |  FRIDAY, 17 JUL 2009
Forty years ago today, what was thought beyond the realms of human possibility became reality. Man landed on the moon. No one also imagined Professor Nouriel Roubini turning into a bull. For as long as I care to remember Professor Nouriel Roubini was ...

Local funds won't follow CalPERS lawsuit

RUTH LIEW  |  THURSDAY, 16 JUL 2009
... inaccurate credit ratings from Moody's, Fitch Ratings and Standard & Poor's, according to a report by Reuters. CalPERS said the "top" ratings on highly structured investment vehicles and complex packages of securities including subprime mortgages did ...

Mercer to consult $2bn Motor Commission

PRESS RELEASE  |  THURSDAY, 16 JUL 2009
The $2 billion Motor Accident Commission in South Australia has selected Mercer for its investment consulting services. Andrew Harrex and Greg Barr, principals at Mercer, will work with the consultant's insurance expert, Peter Hughes, to review the ...

UN PRI gets tough and de-lists signatories

MICHAEL HOBBS  |  THURSDAY, 16 JUL 2009
The United Nations Principles for Responsible Investment (UN PRI) is kicking out around six signatories next month for failing to fulfill their reporting duties. James Gifford, executive director of the PRI, said the signatories would be de-listed after ...

Another dead feline bounce

BENJAMIN ONG  |  THURSDAY, 16 JUL 2009
Oh boy! Wall Street is setting itself up for disappointment round 2. Cling! Cling! With the economic environment still challenging at best and recovery in a galaxy far, far away US equities - and by extension, equities everywhere else - would be hard ...

Hong Kong cracks down on Lehman Bros

RUTH LIEW  |  WEDNESDAY, 15 JUL 2009
... process" or no sufficient grounds and evidence found after the investigation. "The closure of these cases will not affect the top-down investigations being undertaken by the SFC at the bank level," the HKMA spokesman said.