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| | | Super funds should give members detailed information on where funds are being invested, and benchmark allocations against an international standard, ASIC chairman Greg Medcraft has said. Medcraft has previously argued in favour of detailed asset allocation ... |
| | | | Business conditions for Australian companies are much worse than currently being reported with tougher times ahead, warns debt collector Prushka. Prushka, one of Australia's largest debt collectors, has seen a worrying increase in the proportion of ... |
| | | | Australian investors may have traded equity risk for interest rate risk, by switching into cash, said Doug Turek, managing director, Professional Wealth. "When people jump from growth to defensive, they place their savings in the hands of central banks," ... |
| | | | Australian advisers play a crucial role in holding fund managers accountable to their investors, and in addressing poor investment performance, according to Denison Funds Management. Currently many investors are unhappy with poorly performing investment ... |
| | | | J.P. Morgan Worldwide Securities Services (WSS) has won a mandate to provide custodial and fund administration services to a number of additional Mosaic Portfolio Advisers (MPA) Limited funds. Mosaic is a wholly owned subsidiary of ASX - listed wealth ... |
| | | | AustralianSuper has unveiled plans to manage up to 30% of its funds internally by 2017. Australia's largest super fund said in a statement today, that it has plans to build an internal management team as the next initiative to further reduce costs and ... |
| | | | SYDNEY, Sept 10 AAP - Australian stocks have opened firmer, with gains among the big miners offsetting weakness among financial stocks. At 1029 AEST on Monday, the benchmark S&P/ASX200 index was up 11.6 points, or 0.27 per cent, at 4,337.4 points, while ... |
| | | | Former Adelaide adviser Robert Owen Bean has appeared in court on 52 charges of engaging in dishonest conduct including accusations of misappropriating over $3.1 million of client funds. In May 2011, the corporate watchdog permanently banned Bean from ... |
| | | | Increasing allocations to alternatives warrants a more meaningful classification over what comprises the sector, according to Pengana Capital. Russell Pillemer, Pengana Capital CEO, said when "alternative" allocations were small, reference to the ubiquitous ... |
| | | | Mercer Super Trust plans to launch a mobile site by the end of the year, and move to an app environment for members in 2013. The move follows member research from June this year which found that 40% of people surveyed rated access to super information ... |
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