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Showing 61 - 70 of 78 results for "Cash Fund"

Media Super moves away from enhanced cash

RUTH LIEW  |  THURSDAY, 6 NOV 2008
Media Super has invested $70 million into the CFS Wholesale Premium Cash Fund following a board review that said goodbye to the fund's investment in enhanced cash options. Ross Martin, chief executive of the $2.4 billion industry fund, said the review ...

Westscheme heeds APRA comments

MICHAEL HOBBS  |  TUESDAY, 4 NOV 2008
... previously managed the Westscheme Cash Option but the fund decided to switch to Colonial First State Wholesale Premium Cash Fund due to "deterioration in the credit markets" and other concerns. "[APRA] asked trustees to pay attention to the fact that ...

Mortgage funds' phantom lifeline

ALEX DUNNIN  |  WEDNESDAY, 29 OCT 2008
The Rudd government's plan to shore up confidence in mortgage funds is a political master stroke because while it sounds terrific, it commits the government to nothing, will take months to have any impact and won't put dollars on the tables of retirees ...

Nestle shuffles asset allocations

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
... The fund also axed its 4 per cent direct property stake and pumped 30 per cent into the Russell Australian Enhanced Cash Fund. Meanwhile the fund's high growth option's emerging markets and direct property exposure have been cut from their respective ...

NAB Group Super axes cash plus

RUTH LIEW  |  FRIDAY, 29 AUG 2008
... feedback, legalsuper created a "pure cash" option and seeded it with a $35 million investment in Macquarie's True Index Cash fund, said Andrew Proebstl, chief executive of legalsuper. "Many members didn't think that an enhanced [cash] option could bring ...

Legalsuper boosts 'pure cash' with Macq index

RUTH LIEW  |  WEDNESDAY, 20 AUG 2008
... feedback, legalsuper created a "pure cash" option and seeded it with a $35 million investment in Macquarie's True Index Cash fund. The super fund's chief executive Andrew Proebstl said the move came about following negative returns generated by the fund's ...

Market wrap - midday

AAP  |  WEDNESDAY, 12 MAR 2008
... Perpetual rose, as the non-bank aligned funds manager revealed today that, at February 29, net losses from its Exact Market Cash Fund (EMCF) stood at $19.4 million. At 1226 AEDT, Perpetual shares were up $1.67 to $51.45. Bendigo Bank jumped as it reaffirmed ...

US fund fees plummet

ALEX DUNNIN  |  WEDNESDAY, 27 JUN 2007
... four basis points from 2005," said the report. Fees and expenses on bond funds also fell but only by five basis points. Cash fund fees dropped only two basis points. The downward trend in fees continues a long established US trend where scale and a much ...

Asset Super takes cash and splits

CHRIS NICHOLLS  |  FRIDAY, 22 JUN 2007
... Super has taken a $110 million cash mandate from Macquarie Treasury Fund and split it between ING's active Enhanced Cash fund and Perpetual's passively managed Exact Cash fund. The move sees 55 per cent of the mandate go to ING, while 45 per cent will ...

New look diversified funds recommended: Lonsec

Research firm Lonsec has given Zurich's revamped diversified funds a recommended rating. The group was forced to re-evaluate its diversified funds manager line up after the incumbent manager Deutsche Asset Management (DeAM) sold its Australian funds ...