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Financial Planning

Russell offers multi-manager funds to retail market

Russell Investment Group has released a range of institutional quality multi-manager funds specifically targeted towards financial advisers and direct high net worth investors.

Aon picks up $120 million Allianz super

The Allianz Australia Superannuation Fund has appointed Aon Australia as its administrator, consultant and professional trustee.

ipac launches a new pathway in multi-management

Financial planning dealer group ipac has launched Pathways Value, a new multi-manager portfolio which includes significant exposure to alternative assets with allocations to traditional asset classes.

STA Super hits $7 billion

The Superannuation Trust of Australia (STA Super) has reached $7 billion in funds under management (FUM).

ASIC shuts down property investment companies

The Supreme Court of Victoria has granted an Australian Securities and Investments Commission (ASIC) application to have Casey Downs Retirement Villages and Ambridge Retirement Management Services wound up.

Quintessential Wealth explores Eastern Europe

AAP  |  MONDAY, 15 AUG 2005
Australian boutique funds manager Quintessential Wealth Ltd (QWL) has launched its latest investment fund focusing on the emerging Eastern Europe and Baltic States economies.

Hostplus moves into executive super

The $3.8 billion Hostplus fund has launched a tailored superannuation offering targeted to the 'discerning executive'.

Hesta boosts voluntary contributions by over 50%

Industry fund Hesta super has reported a double increase in voluntary contributions from its members with the majority received from women.

Funds management industry set for generational change

AAP  |  FRIDAY, 12 AUG 2005
For an industry which barely caused a ripple 25 years ago, managed funds have become an $840 billion behemoth in Australia.

Morningstar grades MMC small-cap strategy

Morningstar has given MMC's small-caps strategy an 'investment grade' rating however cautions that the long-term returns for the strategy while good, has not come without a high degree of volatility.