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Financial Planning

Mariner launches 1st CDO fund with capital protection

Emerging financial services group Mariner Financial today announced the launch of a collateralized debt obligation (CDO) fund combining the enhanced returns of a CDO investment with the benefits of capital protection and liquidity.

Japanese invest A$120 million in local listed property fund

Japanese retail investors continue their attraction to the Australian property market, having injected A$120 million into a new Australian Listed Property Trust (LPT) fund managed by Merrill Lynch Investment Managers (MLIM).

Russell Investment Group goes aggressive with Australian shares fund

Russell Investment Group (formerly the Frank Russell Company) has launched an Australian shares fund, which employs five managers to implement a series of specialist high risk/high return strategies such as short selling, holding concentrated portfolios ...

Australia able to financially support aged: S&P report

Contrary to Federal Government announcements, Australia is well placed to cope with the fiscal implications of its aging population, a recent Standard & Poor's report has revealed.

Macquarie launches 4th wholesale property fund

Macquarie Bank on Thursday launched its fourth wholesale property fund, predicting good buying opportunities in the year ahead and targeting pre-tax returns of 18% annually.

S&P says places Mercantile Mutual on watch negative

Standard & Poor's Ratings Services on Thursday said that it had placed its AA-minus counterparty credit and insurer financial strength ratings on Mercantile Mutual Insurance (Australia) on CreditWatch with negative implications (previously negative outlook).

Fitch says Aust RMBS delinquencies on the rise

Fitch Ratings said yesterday delinquencies on Australian residential mortgage-backed securities (RMBS) rose for the first time in three quarters.

New super incentive legislation introduced to Aust parliament

Low and middle income earners will be given greater incentives to invest in superannuation under legislation introduced to parliament today.

Ratings Blow to AMP Capital Investors

Ratings agency Assirt Research has placed 10 separate AMP Capital Investor's funds "on hold" following the departure of three key personal from the group's Australian equities team.

Super result for retirement savings: IFSA

The Investment and Financial Services Association (IFSA) said it welcomed the announcements contained in the 2004/2005 Federal Budget highlighting a major boost to long-term savings