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| | | Australia is attracting considerably less foreign investment compared to the height of the mining boom, according to figures released by the Australian Custodial Services Association (ACSA). In the six months ending December 2012, assets under custody ... |
| | | | Several thousand jobs could be at risk in the financial services industry, despite the sector being in strong shape according to the Finance Sector Union of Australia (FSU). The media and communications manager at the FSU Leanne Shingles said that last ... |
| | | | Investors globally are underestimating the risk of being left behind by climate change, renewable energy and other environmental trends, according to Nanuk Asset Management director Paul Chadwick. Nanuk manages a long/short thematic global equity fund ... |
| | | | Recovering pension account balances in the US is triggering a rush of US federal employees to retire, with as many as one-third of some agencies expected to leave their jobs. Helping to restore confidence in their pension funds is that the US pension ... |
| | | | Two behemoths of the superannuation industry, AustralianSuper and the Future Fund, will meet in the Victorian Supreme Court in mid-October to dispute the circumstances around the sale of a 29.7% stake in Perth airport. AustralianSuper, which manages ... |
| | | | Outflows of around $1 billion from Australian bond funds are being viewed by many as a signal the 32-year bull market in the asset class is over, but some funds have bucked the trend. According to data provided by Morningstar, Australian internationally ... |
| | | | Mercer has developed a "whole-of-life" lifecycle default fund which it will use as its MySuper product. The fund, named 'SmartPath', is already being advertised on Mercer's website, and will be available on 1 January 2014. Mercer partner Graeme Mathers ... |
| | | | The Coalition's plan to introduce stricter rules aimed at ensuring super fund board independence could be counterproductive, according to Sally Wheeler, professor of law at Queen's College, Belfast. Speaking at an event hosted by the Association of ... |
| | | | AustralianSuper has upped the ante in its dispute over the Future Fund's purchase of a stake in Perth airport, accusing the $80 billion sovereign wealth fund of withholding crucial documents. AustralianSuper said it had requested documentation from ... |
| | | | Suncorp has outsourced its entire custody and investment administration operations to National Australia Bank's custody arm, NAB Asset Servicing. Both Suncorp and NAB have said very little about the deal, and would not comment on suggestions that it ... |
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