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Superannuation

City Super beefs up insurance and Aus equities

MICHAEL HOBBS  |  TUESDAY, 21 AUG 2007
Brisbane-based superannuation fund City Super has launched a new insurance offering through ING Group Risk and has recently awarded more than $140 million in Australian equities mandates.

SMSF numbers show huge jump

CHRIS NICHOLLS  |  MONDAY, 20 AUG 2007
Self managed superannuation fund (SMSF) manager Super Concepts has recorded a 177 per cent increase in funds established last financial year, pushing funds under administration over the $2 billion mark.

Sunsuper flags $116m CFS infrastructure buy

Queensland-based Sunsuper has set a precedent in the way super funds invest in infrastructure when it announced plans to buy an ASX-listed company, Colonial First State Private Capital (CFI), for $116 million.

Governments lag on CSR

CHRIS NICHOLLS  |  FRIDAY, 17 AUG 2007
A new report from market research company Opinion Leaders shows investor groups are far more supportive of corporate social responsibility (CSR) than governments, especially regarding policies on carbon emissions.

LGSS expands direct property assets

MICHAEL HOBBS  |  THURSDAY, 16 AUG 2007
NSW-based industry super fund Local Government Superannuation Scheme has acquired a $41 million Sydney CBD office tower in an effort to bolster its direct property portfolio.

ESS Super to apply UN investment principles

MICHAEL HOBBS  |  THURSDAY, 16 AUG 2007
Victorian-based public sector fund ESS Super has joined the ranks of mega super funds AustralianSuper, UniSuper and ARIA when it signed up to the United Nations' Principles for Responsible Investment.

QIC and QSuper pour $28b in alpha-beta mandates

Vanguard and State Street are among the winners of QIC's radical move announced a year ago to invest $28 billion in separate alpha and beta strategies, with both fund managers awarded around $3 billion each in passive mandates.

High net worth clients like it crystal clear

CHRIS NICHOLLS  |  WEDNESDAY, 15 AUG 2007
Among the key criteria for high net worth clients when choosing where to park their money are product transparency and access to the underlying fund managers, according to Richard Nicholas, director of Peak Investment Partners.

Lonsec upgrades Templeton equity fund

CHRIS NICHOLLS  |  TUESDAY, 14 AUG 2007
Lonsec has upgraded Franklin Templeton Investments' Templeton Global Equity Fund from Recommended to Highly Recommended, following a review of global equity funds.

QIC invests in UK pure alpha fund

CHRIS NICHOLLS  |  MONDAY, 13 AUG 2007
QIC has awarded a $250 million mandate to UK-based asset manager Henderson Global Investors' Global Equity multi-strategy fund.