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Financial Planning

AMP China fund tops $55m

AMP Capital Investors on Monday announced it had raised $55 million in subscriptions through 3000 new investors in the AMP Capital China Fund.

REST Super chooses AIG Life and launches TAP

AAA-rated insurance company AIG Life has been appointed insurance provider for REST Superannuation in a deal worth $40 million per year in premium payments.

Russell-TowersPerrin link creates super powerhouse

Investment advisory firm Russell Investment Group this week announced it had acquired the human resources division of Towers Perrin (Australia).

AXA's Generations platform goes live next week

AXA's new 'Generations' platform goes live next week offering an investment portfolio, personal super and personal pension products while the Generations term allocated pension will be available from 20 September.

Count Financial economic worth $222 mln- independent valuation

AAP  |  FRIDAY, 3 SEP 2004
Count Financial said on Thursday an independent assessment has estimated its economic value to be $222 million, as at 30 June, 2004.

Deutsche Asset Management launches two new property funds

AAP  |  TUESDAY, 31 AUG 2004
The funds management arm of the Deutsche Bank group on Monday launched two new funds, saying they would provide institutional and - for the first time - retail investors with a single point of entry into the international property securities market.

ING winds back exit fees

ING on Monday announced it will reduce the period before funds can be withdrawn from its Mortgage Trust without exit fees to one year from the current two years for all new accounts beginning 20 September.

Super performance results a lesson for investors and advisers alike; Rainmaker

Investors aligned with master trusts should either make use of their flexibility or put their money elsewhere. That\'s the central message to emerge from Rainmaker Information's survey of superannuation fund performances, the most comprehensive compiled ...

Shifting goalposts cloud Assirt survey results

In the wake of the latest quarterly managed funds report released by Assirt this week, Citigroup has drawn attention to the new definitions introduced by the research company, claiming past comparisons are now more difficult to make.

STA Corporate climbs to $245 million

Superannuation Trust of Australia (STA) has continued a successful drive into the corporate superannuation market, having gathered approximately $245 million in assets in the nine months since launching.