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Superannuation

Spec Super goes public

MICHAEL HOBBS  |  TUESDAY, 24 FEB 2009
Superannuation Plan for Electrical Contractors (Spec Super) has transitioned to a public offer fund, broadening its membership base in the electrical industry.

Westscheme spends cash

RUTH LIEW  |  TUESDAY, 24 FEB 2009
The $2.4 billion industry fund Westscheme is bucking the trend of super funds going overweight in cash and is rebalancing its portfolio weekly across all asset classes.

Infrastructure wins pension funds votes

RUTH LIEW  |  TUESDAY, 24 FEB 2009
Australian industry superannuation funds might be at the vanguard of unlisted infrastructure investing - but they could soon face stiff competition from their international rivals.

Alaska fund drops alternatives mandates

RUTH LIEW  |  MONDAY, 23 FEB 2009
The $43 billion Alaska Permanent Fund Corporation has axed two alternative investment mandates in light of the fund's shrinking assets.

State Super focuses on risk

RUTH LIEW  |  MONDAY, 23 FEB 2009
The $30 billion State Super is focussed on fine-tuning its trustee board's risk detection and management skills to help steer the fund through the global financial crisis.

Infrastructure fund beats downturn

RUTH LIEW  |  MONDAY, 23 FEB 2009
The Private Capital Group's infrastructure fund, which counts heavyweights Sunsuper, Suncorp and BUSS(Q) among its clientele, has defied the market slump to report a 9.6 per cent return over a one year period to 31 December 2008.

National clearing house shake-up

ALEX DUNNIN  |  THURSDAY, 19 FEB 2009
As the government moves closer to firming up its plans for how to deliver its national superannuation clearing house, new models are emerging regarding how it could be done.

Pearce rejects "sloppy" league tables

MICHAEL HOBBS  |  TUESDAY, 17 FEB 2009
Shadow minister for financial services, superannuation and corporate law, Chris Pearce has sided with IFSA in slamming the government's proposed plan to publish superannuation option performance tables.

AUSCOAL appoints $140m mandate

RUTH LIEW  |  MONDAY, 16 FEB 2009
Coal industry fund AUSCOAL Super has awarded LSV Asset Management with a $140 million international equities mandate.

DC plans to axe managers

RUTH LIEW  |  MONDAY, 16 FEB 2009
Two in five defined contribution plan sponsors in the US are expected to replace their underperforming fund managers in 2009, new research shows.