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AvSuper reviews custody and insurance mandates

RUTH LIEW  |  FRIDAY, 20 NOV 2009
... achieve the right outcome then we have no hesitation of going to tender," she said. Meanwhile, AvSuper is also taking a close look at its group insurance provider and mandate. The firm, which has a contract with ING, said they are looking for a "broader ...

Sell dollars to buy stocks

BENJAMIN ONG  |  FRIDAY, 20 NOV 2009
... well to be more accurate, just bigger than the smaller daily falls we've gone accustomed to over the past few weeks. By the close of trading the S&P 500 printed a 1.4 per cent loss. The reason my dear friends (you are, if you're still reading my pieces ...

Market wrap

AAP  |  FRIDAY, 20 NOV 2009
Australian shares are likely to slump on Friday after US equities fell on a stronger dollar and more signs of a subdued US economic recovery. Metals prices were higher, but the oil price fell. At 0654 AEDT on the Sydney Futures Exchange, the December ...

Equiti opens direct property fund

COMPANY RELEASE  |  THURSDAY, 19 NOV 2009
Financial planners looking to add unlisted asset exposure to client portfolios may need to look no further than Equiti Funds Management's latest fund. The Equiti Diversified Property fund's strategy remains open for three years from the date of issue ...

The Art of War

BENJAMIN ONG  |  THURSDAY, 19 NOV 2009
'Twas another boring day on the Street last night. News out of America showed continued weakness - or is it renewed weakening - in housing and behaved consumer price inflation. Both of which bolster the argument that the Fed will be easy for how much ...

Market Wrap - Morning

AAP  |  THURSDAY, 19 NOV 2009
The Australian share market has received mixed leads from overnight trading offshore, with Wall Street's key indices marginally lower, but commodities, including gold and oil, all higher. At 0821 AEDT on the Sydney Futures Exchange, the December share ...

Cbus hires government strategist

RUTH LIEW  |  WEDNESDAY, 18 NOV 2009
The $13 billion Cbus has appointed former Federal and State Government strategist Chris Altis as executive manager policy and government. Altis joins Cbus from the office of Federal Health Minister Nicola Roxon where he was a senior strategic adviser. ...

Bookmakers fund closer to liquidity resolution

RUTH LIEW  |  WEDNESDAY, 18 NOV 2009
Bookmakers Superannuation Fund, which in August announced it was facing liquidity issues, has made progress on the mortgages and property fronts to achieve a resolution for members. The fund applied to the Australian Prudential Regulation Authority ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 NOV 2009
... as investors took profits from big gains the day before. The London FTSE 100 index shed 36.74 points, 0.68 per cent, to close at 5,345.93. FRANKFURT - The DAX 30 fell 26.39 points, or 0.45 per cent, to 5,778.43. PARIS - The CAC 40 lost 34.1 points, or ...

Market Wrap - Midday

AAP  |  TUESDAY, 17 NOV 2009
... stocks. "The weakness has come through in the financials, and that's where we saw the weakness start to come in towards market close in the US," Ms Roadley said. "There was a comment from key banking analyst Meredith Whitney saying that she saw downside ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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