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Showing 671 - 680 of 820 results for "Retail fund"

APRA rebuffs super stats critics

ALEX DUNNIN  |  WEDNESDAY, 1 OCT 2008
... criticisms do not stand up to scrutiny. "APRA is a disinterested reporter of statistical data. The fact that the average retail fund generates lower returns than the average not-for-profit fund is a finding emerging from the data, not from any methodological ...

Retail fund FUM drops $12bn

MICHAEL HOBBS  |  MONDAY, 8 SEP 2008
Funds under management (FUM) across the retail managed funds sector dropped almost $12 billion to $532 billion during the June quarter, with Australian Wealth Management (AWM), BT Financial Group and NAB/MLC posting the biggest losses. The Plan for ...

Perennial's global alpha secret

MICHELLE BALTAZAR  |  WEDNESDAY, 3 SEP 2008
Perennial Global Shares High Alpha fund returned 1.68 per cent last month, more than double its benchmark's 0.67 per cent gain. But for a fund with an impressive two-year track record, only a small pool of investors has heard about it. The fund was ...

Govt policies block choice

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2008
The Rudd Government's proposed policies on super and financial advice are potentially "anti-competitive" and won't go unchallenged, said shadow treasurer Malcolm Turnbull. Speaking at the IFSA conference yesterday, Turnbull said the Coalition will be ...

Evolution of super

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2008
Ne'er the twain shall meet but retail fund chief Brian Bissaker from Colonial First State and industry fund chief Ian Silk from Australian Super, shared centre stage to talk about how the industry can best serve financial planners, its members and the ...

APRA to review super fund stats

MICHELLE BALTAZAR  |  MONDAY, 28 JUL 2008
... that argued they don't really reflect the individual super fund's performance. For example, an industry fund or a retail fund may have returns that are far better or far worse than the average 6.6 per cent and 8.8 per cent losses reported. APRA's deputy ...

Super funds to pass 'approved list'

MICHELLE BALTAZAR  |  THURSDAY, 24 JUL 2008
Senator Nick Sherry continues his campaign to "renovate the house" when he filed a government submission calling for a radical change to the way employers select their default super fund - suggesting a default fund should be chosen from an 'approved ...

FPA backs 'advice within super' review

MICHELLE BALTAZAR  |  THURSDAY, 10 JUL 2008
The industry group representing majority of the financial planners in the country welcomed the government's call for a review of the superannuation system. The Financial Planning Association of Australia (FPA) has said it will actively participate in ...

Swedish pension lessons for Australia

ALEX DUNNIN  |  WEDNESDAY, 9 JUL 2008
Senator Nick Sherry, minister for superannuation and corporate law, has suggested Australia look to Sweden's nationalised pension system for a model of how to operate a low-cost superannuation system. But is this the right comparison? The centrally ...

Aust and HK strengthen retail ties

RUTH LIEW  |  TUESDAY, 8 JUL 2008
Hong Kong and Australian retail fund managers will be able to sell their products to investors in each other's markets following ASIC's signing of a mutual recognition declaration with the Hong Kong Securities and Futures Commission (SFC). For the first ...