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Superannuation

Fixed interest still tops cash: Zenith

CHRIS NICHOLLS  |  MONDAY, 12 NOV 2007
Despite high interest rates and corresponding poor bond yields, fixed interest funds are still a better option than cash, according to a new Zenith report.

S&P launch three new Shariah indices

CHRIS NICHOLLS  |  MONDAY, 12 NOV 2007
Standard and Poor's has launched three new Shariah law-compliant indices, targeting infrastructure, healthcare and large-midcap stocks.

CommBank buys IWL

CHRIS NICHOLLS  |  MONDAY, 12 NOV 2007
The Commonwealth Bank has taken over broking technology provider IWL, dismissing the company's board and replacing chief executive Otto Buttula.

Portfolio Partners predicts 30-year resources boom

CHRIS NICHOLLS  |  FRIDAY, 9 NOV 2007
Portfolio Partners predicts Australia is about to experience a "30-year resources boom", and has developed a new Australian Resources Trust to take advantage of it.

Corp super applies ESG screen

MICHAEL HOBBS  |  FRIDAY, 9 NOV 2007
The Goldman Sachs JBWere (GSJBW) Staff Superannuation Fund has become the first Australian corporate super fund to sign the United Nation Principles for Responsible Investment.

BankWest branches into super

MICHAEL HOBBS  |  FRIDAY, 9 NOV 2007
BankWest has propelled itself onto the superannuation market with Lite Super, a low cost, indexed based super fund accessible online.

Responsible investing gains momentum

ALEX DUNNIN  |  THURSDAY, 8 NOV 2007
Proof that responsible investing (RI) is fast becoming mainstream, the latest data from AXA Investment Managers has shown that funds flow into responsible investing (RI) has outpaced funds flow into non-RI funds in Europe.

ASF to overhaul issuer disclosure

WWW.THESHEET.COM  |  WEDNESDAY, 7 NOV 2007
The securitisation market's peak body, the Australian Securitisation Forum, will rewrite disclosure standards for issuers of mortgage backed and asset backed securities in a bid to improve the marketability of local issuance in the global credit market.

First Home Saver proposal a winner

ALEX DUNNIN  |  TUESDAY, 6 NOV 2007
The proposal by Opposition Leader Kevin Rudd for a "super style" savings scheme to help first home buyers save for a home has drawn strong support from the superannuation industry already champing at the bit to get involved.

BNP Paribas wins CAAM custody

Credit Agricole Asset Management (CAAM) has appointed BNP Paribas Securities Services to provide fund administration and custody services following a tender process with other custodians.