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JV raises $1bn for Indian infrastructure

MICHAEL HOBBS  |  TUESDAY, 7 APR 2009
... capital to invest in Indian infrastructure projects with a goal to raise around $2 billion in additional capital over the next few years. According to a joint statement, global investors committed over A$1 billion to the Macquarie-SBI Infrastructure ...

Irish pensions suffer 25pc loss

RUTH LIEW  |  MONDAY, 6 APR 2009
... funds assets emphasises the scale of the problem which pension funds are facing. It underlines the need not to do anything in next week's Budget which would cause further damage to the retirement prospects of pension scheme members," added Jerry Moriarty ...

She'll be right mate

BENJAMIN ONG  |  MONDAY, 6 APR 2009
... nearly 35 years - boosted by cheaper consumer prices, falling interest rates and the government's stimulus packages - the next one is already in the mail. The economy's problem is that Australians are not spending this increase in their disposable income. ...

AIRC sets more default super funds

ALEX DUNNIN  |  FRIDAY, 3 APR 2009
... Parliament. A preliminary analysis examination by Rainmaker of the revised Awards, which cover 44 Awards due to take effect next year, has found that no retail funds made the grade. Several stand-alone corporate funds were included however. Default fund ...

Outsourcing the next boom market

RUTH LIEW  |  FRIDAY, 3 APR 2009
Nearly one third of Australian businesses regard outsourcing as one of their top 10 priorities for the next 12 months - but many are still looking within Australia rather than overseas for outsourcing opportunities, new research show. According to a ...

Super funds to show long-term returns

MICHAEL HOBBS  |  THURSDAY, 2 APR 2009
... can easily see the information. To help super funds in the transition, only five-year returns have to be disclosed in the next reporting season. They have the choice to either provide the information using a separate inset or include it in the statement. ...

Alleron focuses on cash and mandates

MICHAEL HOBBS  |  TUESDAY, 31 MAR 2009
... through the financial crisis. Littler said the firm's $5 million capital reserves means the fund manager can run for the next three or four years with little to no inflows. "There's going to be more of a differentiation between the successful boutiques ...

CalPERS reviews cost of hedge

RUTH LIEW  |  MONDAY, 30 MAR 2009
... manager realising a 20 percent performance fee at the end of a bonanza year. If the fund suffers a significant decline the next year, the manager could still have a large net gain at the end of the two years, but the investor may break even or even lose ...

Stimulate your package

MICHAEL HOBBS  |  FRIDAY, 27 MAR 2009
... plasma TV. Millions of Australians are set to receive a portion of the Federal Government's $42 billion stimulus package next month. If a working Australian's taxable income for 2007/08 financial year was less $100,000 they could be eligible to receive ...

Market Wrap - Midday

AAP  |  THURSDAY, 26 MAR 2009
... negative and then in the last half hour or so it kicked up quite strongly. "I think investors are just waiting to see where the next move is coming from." The Dow Jones Industrial Average ended up 89.84 points, or 1.17 per cent, to settle at 7,749.81. ...