Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

BNY Mellon to double corp trust share

The Australian subsidiary of Bank of New York Mellon plans to increase its market share in providing corporate trust-related services from around 35 per cent to up to 70 per cent, following its recent acquisition of the remaining 50 per cent stake of ...

Telstra Super eyes distressed debt

MICHAEL HOBBS  |  WEDNESDAY, 30 APR 2008
Telstra Super has committed more funds in distressed debt strategies in the past six months, echoing industry sentiment that the time may be ripe to look at assets hit by sub-prime.

No standards, no deal

ALEX DUNNIN  |  WEDNESDAY, 30 APR 2008
Eight out of ten UK pension funds said they would favour a hedge fund manager who has complied with the Hedge Fund Best Practice Standards, according to a KPMG survey.

Multiport buys Super Outsource

RUTH LIEW  |  MONDAY, 28 APR 2008
Managed accounts and portfolio administration provider Multiport has snapped up SMSF business, Super Outsource.

Short selling shouldn't be sold short

ALEX DUNNIN  |  THURSDAY, 24 APR 2008
The overreaction against short selling and securities lending need to calm down, said Greenwich Alternative Investments.

Sovereigns in a league of their own

Assets in sovereign wealth funds are set to grow to more than $18.4 trillion in 10 years, according to Morgan Stanley data, with Australia's Future Fund making the top ten list by fund size.

Vanguard wins $337m ASB mandate

RUTH LIEW  |  WEDNESDAY, 23 APR 2008
New Zealand-based ASB Investments has invested $337 million in Vanguard's global index equities fund.

Super funds pay little attention to biotech

RUTH LIEW  |  TUESDAY, 22 APR 2008
Spray-on skin for burnt victims, cancer treatment drugs, the bionic ear - Australia's multi-billion dollar biotechnology sector is thriving but local investors are still shying away from the industry.

Super funds to resurrect ailing RMBS

RUTH LIEW  |  MONDAY, 21 APR 2008
Investor interest in Australian residential mortgage backed securities (RMBS) has dropped from $45 billion last year to virtually zero early this year - but a model overhaul and cash injection from super funds could pull the sector out of the doldrums.

Aon hires Russell for FM

MICHAEL HOBBS  |  MONDAY, 21 APR 2008
Aon Consulting Australia has appointed multi-manager specialist Russell Investment Group to manage the firm's master trust's $1.6 billion in assets and develop a range of specialist investment options.