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Superannuation

Currency hedging key to international returns

CHRIS NICHOLLS  |  WEDNESDAY, 10 OCT 2007
New research from nabCapital suggests currency hedging, more than investment strategy selection, is the key to generating high returns in international equities.

Gunns fuels CG debate

Corporate governance is back in the spotlight after ANZ said it will only finalise its lending decision on Gunns' proposed $1.7 billion pulp mill once it has completed an independent "green" assessment of the project.

Babcock & Brown launches DIF III

MICHAEL HOBBS  |  TUESDAY, 9 OCT 2007
The third offering from Babcock & Brown's successful Direct Investment Fund range, which invests in global alternative assets, has attracted the attention of several superannuation funds including Military Super and the WA Local Government Super.

Still time to bid on 2007 signed team Manchester United jersey

Time is running out to bid on the signed 2007 Manchester United team jersey charity auction.

NZ Super Fund defends Myanmar investment

The New Zealand Superannuation Fund has come under fire from local non-government organisations (NGOs) for its shareholdings in Total S.A., a French oil company with operations in Myanmar.

Green paper bags top IFSA/Deloitte award

MICHAEL HOBBS  |  FRIDAY, 5 OCT 2007
Ben Hare, equities dealer at Goldman Sachs JBWere Asset Management, has won the IFSA/Deloitte Future Leaders Award for his research paper on the implications of climate change on the investment industry.

Australian managers clock $650bn

Colonial First State, Macquarie and AMP respectively are the three largest Australian fund managers in an industry that grew over 20 per cent to more than $650 billion last year, according to the latest Pensions & Investments and Watson Wyatt study on ...

Super dodges sub-prime correction

ALEX DUNNIN  |  WEDNESDAY, 3 OCT 2007
The up-and-down market since June might have shaved 1.6 per net off 12 month super returns but over the more important three and five year results it's hardly made a dent, reveals SelectingSuper in their latest super fund performance tables for August.

Russell wins record $1.2bn mandate

MICHAEL HOBBS  |  TUESDAY, 2 OCT 2007
Harwood Superannuation fund has awarded Russell Investment Group a $1.2 billion mandate, the largest deal secured by the multi-manager this year.

Westpac jumps in to save RAMS

CHRIS NICHOLLS  |  TUESDAY, 2 OCT 2007
Westpac has thrown a lifeline to troubled home loan lender RAMS Home Loans, offering to buy the franchise distribution arm for $140 million in cash.