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Superannuation

State Super awards $300m-plus in global property

All this talk about global property must have reached the ears of the powers that be at State Super Financial Services after the group shifted more than $300 million of money out of Australian listed property trusts (LPTs) into global LPTs.

SRI funds beat the index

Sustainable Responsible Investment (SRI) funds are not just good for the soul, they're good for the hip pockets too after yet another study that found SRI portfolios have beaten the index in the last two years.

Industry fund ads off target?

CHRIS NICHOLLS  |  TUESDAY, 25 SEP 2007
Industry superannuation funds need to focus more on member communication, education and online presence, not scaremongering by focussing on fees, according to Vanessa Stoykov, chief executive of marketing, media and communications group Evolution Media.

The long and the short of JANA

Lonsec has upgraded its "investment grade" rating on JANA's long/short funds to "recommended" due to the group's well-resourced and highly experienced research team led by long-time JANA executive John Coombe and new head of Australian equities Aidan ...

India-Australia wealth management forum set for take-off

ALEX DUNNIN  |  TUESDAY, 25 SEP 2007
India's burgeoning economy is a big opportunity for Australian wealth managers but we are being outflanked by UK and US managers who are getting in ahead of us, said Stephen Manallack, manager of the India-Australia Financial Forum.

Climate change to cost $50bn

MICHAEL HOBBS  |  MONDAY, 24 SEP 2007
Insurance premiums are set to rise after a new report predicted that insurance company losses could reach as much as $50 billion per year between 2010 and 2019, driven by a rise in natural disasters caused by climate change.

NASDAQ casts net in the Middle East

NASDAQ and Dubai's stock exchange Borse Dubai are in talks to sign a series of deals which will see NASDAQ expand its footprint in the Middle East, shares in the London Stock Exchange to change hands and Borse Dubai to own a stake in one of the world's ...

Simpler Super needs tune-up: Zurich

MICHAEL HOBBS  |  FRIDAY, 21 SEP 2007
The Federal Government's Simpler Super reforms have made positive inroads in enabling Australians to understand superannuation but further improvements are needed, according to a report by Zurich Financial Services.

Insto investors down but not out

A leading barometer on investor confidence has found that a lower number of institutions were bullish about the equities markets over the last month.

AIG auctions ManU FC jersey for charity

ALEX DUNNIN  |  WEDNESDAY, 19 SEP 2007
AIG Life is running a silent auction of a Manchester United soccer jersey that has been signed by the whole 2007 team, with proceeds going to the Reach Foundation, a charity that works with young people around Australia.