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Financial Planning

Paying off debt still top priority for households

AAP  |  WEDNESDAY, 7 JUL 2004
Paying off debts remains the most popular use of new savings for Australian households, followed closely by investing in real estate, a new investment survey revealed on Tuesday.

UBS to discuss enhancements to bond indices

AAP  |  TUESDAY, 6 JUL 2004
UBS Investment Bank Australia said today it is contemplating several enhancements to its UBS Australia Bond Indices.

Deutsche Asset Management launch first new income fund

Deutsche Asset Management announced on Monday the launch of its income fund, the first in a series of specialist income funds to be launched by Deutsche Asset Management.

Industry funds winning more corporate mandates: Rainmaker

According to the latest Rainmaker Information data, industry funds have won approximately 38% of corporate fund outsourcing deals this year up from a success rate of 23% just two years ago.

ClearView appoints InTech as asset consultant

ClearView Retirement Solutions yesterday announced the appointment of InTech as its asset consultant with a brief to provide advise on asset allocation, product construction and manager selection.

Falling housing market puts baby boomers Super at risk-warning

AAP  |  TUESDAY, 6 JUL 2004
Falling house prices could dramatically impact on Australians who depend on equity in the family home or investment property to provide for their retirement, a building advisory service warned yesterday.

Interstar launches largest ever Aust non-bank RMB issue

AAP  |  MONDAY, 5 JUL 2004
Diversified financial services company Challenger Financial Services Group (CGF) on Friday announced its wholly-owned wholesale mortgage finance business, Interstar Securities, had successfully launched the largest Australian non-bank RMBS issue.

Invesco wholesale diversified scores highly

Invesco released performance data for its wholesale diversified growth fund on Friday, revealing outperformance against the benchmark across all investment sectors.

Boutiques continue to outperform: Rainmaker

During the last three years domestic boutique fund managers have consistently outperformed larger fund managers in Australian equities, according to research from Rainmaker Information.

Rainmaker launches into DIY super research

Rainmaker Information completed the purchase of Jenkins Superannuation Services yesterday, a specialist researcher in the Self Managed Funds and the DIY provider space.