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Financial Planning

Seniors vote against Westpoint

Australia's largest seniors organisation will use their voting rights to ensure financial disasters targeting older people, such as the failed Westpoint scheme, never happen again.

China acts on climate change

MICHAEL HOBBS  |  MONDAY, 12 NOV 2007
The Chinese Government has formed its Clean Development Mechanism (CDM) fund as part of its strategy to foster and finance projects for climate change.

Magellan Global is best-of-breed

Ratings firm Zenith Partners has given new boutique manager Magellan a "recommended" rating on the back of its recently launched Magellan Global fund.

Low frills, high returns

In a world where many fund managers pump performance through frenzied financial engineering, boutique manager Hyperion keeps it simple to stay on top.

Village People

SUZY MAC  |  FRIDAY, 9 NOV 2007
A wave of aging baby boomers are expected to downsize and move into retirement villages over the next 20 years, creating a big investment opportunity according to Peter McMullen, head of health and aged services at Jones Lang LaSalle.

ASIC to sue Westpoint

The Australian Securities and Investments Commission (ASIC) is to take legal action against Westpoint, and planner groups that recommended Westpoint products, on behalf of investors who lost a combined $320 million when the property group collapsed early ...

Big boys leaving Australian property

CHRIS NICHOLLS  |  THURSDAY, 8 NOV 2007
Institutional players are dropping their allocations to Australian property to as little as 11 per cent as they chase more and more international property, according to Ambassador Funds Management partner Richard Darke.

Asian property under the microscope: AEW

ALEX DUNNIN  |  THURSDAY, 8 NOV 2007
There is more to running a global property portfolio than just buying REIT shares as you have to be involved on the ground and be an active player to identify the right deals inside nuance-filled regional markets, according to a Singapore property expert.

Macq launches retail fusion

MICHAEL HOBBS  |  WEDNESDAY, 7 NOV 2007
Riding on the popularity of its Fusion Fund series, Macquarie Financial Products Management has released another version, but this time available to retail investors.

Volatility fails to dampen super returns

CHRIS NICHOLLS  |  WEDNESDAY, 7 NOV 2007
Recent volatility has failed to dent long-term superannuation returns, with five-year default fund average returns topping 12 per cent for the first time since funds started reporting monthly, according to the latest monthly SelectingSuper Default Option ...