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The January effect

BENJAMIN ONG  |  WEDNESDAY, 14 JAN 2009
... rebound that could last until the end of the month and hopefully beyond. However, economic statistics set for release in the next two weeks are not expected to be equity-friendly either. Worse, they could show that global fortunes have deteriorated even ...

Same super rules for same sex couples

MICHELLE BALTAZAR  |  FRIDAY, 12 DEC 2008
... governing rules and many, but not all, not-for-profit super funds pay death benefits to same-sex partners. But from January next year, the governing rules of a number of Commonwealth civilian and military superannuation schemes, including the judicial ...

Market Wrap - Morning

AAP  |  FRIDAY, 12 DEC 2008
... share prices closed 0.2 per cent higher on Thursday, following gains in property stocks on hopes of an interest rate cut next week by the US Federal Reserve, dealers said. The benchmark Hang Seng Index closed up 36.16 points to 15,613.90, off its intraday ...

Members Equity gains Storm sponsorship

MICHAEL HOBBS  |  THURSDAY, 11 DEC 2008
... advertising deal with the Melbourne Storm Rugby League Club to develop its brand in Victoria. The sponsorship deal starts next season and Members Equity Bank logos will feature on all training gear, club polos and on the front of the playing jersey. ...

PLUM's new chief to push comms

RUTH LIEW  |  THURSDAY, 11 DEC 2008
... managing director Paul Carter flags plans to boost its communication campaign and delay some investment projects scheduled for next year to 2010 to steer Plum through a difficult 2009. Carter, who took over the reigns from ex-managing director Mike Fitzsimons ...

Hunter Hall donates $1.32m to charity

MICHELLE BALTAZAR  |  WEDNESDAY, 10 DEC 2008
Ethical fund manager Hunter Hall gave $1.32 million to charity this year and will keep supporting charities next year, defying other businesses that have taken philanthropy out of their budget because of bad markets. In 2001, the fund manager set up ...

Market Wrap - Midday

AAP  |  TUESDAY, 9 DEC 2008
... strengthen its balance sheet and position it for growth. "Commonwealth are down heavily and they were the ones tipped to do the next capital raising - they are seen to be the neediest," Mr Potter said. "But Westpac has beaten them to it." At 1202 AEDT ...

No fee rises until 2011: Hostplus

RUTH LIEW  |  TUESDAY, 9 DEC 2008
... billion industry fund has placed a moratorium on raising its member fee for its core and personal products for at least the next two years. Hostplus's decision to stop increasing its member fees marks the first time an Australian superannuation fund ...

Alaskan fund appoints HarborVest Partners

RUTH LIEW  |  MONDAY, 8 DEC 2008
... the fund. Meanwhile the APFC board also approved a minimum $310 million investment each to HarborVest and Pathway over the next five years. The board also updated the private equity investment policy resolution, including clarifying the types of ownership ...

Green funds to benefit from new govt policies

MICHELLE BALTAZAR  |  FRIDAY, 5 DEC 2008