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Superannuation

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.

Centric snaps up lending firm

CHRIS NICHOLLS  |  MONDAY, 13 AUG 2007
Centric Wealth has acquired boutique lending and brokerage firm Kingsbridge & Eagle (K&E), expanding its lending division and taking it further down the path of a European-style private bank.

BT chief Coombe explains spin-off

BT Financial Group is inundated with CVs after the group outlined plans to partially list its investment management arm, a move that gives all staff members an equity stake in the new company.

Barriers to hedging

CHRIS NICHOLLS  |  THURSDAY, 9 AUG 2007
The hedge fund industry's current growth will plateau unless the three big obstructions of high fees, low transparency and poor liquidity are removed, according to JANA managing director of asset consulting Ken Marshman.

Hip to be outside the square

ALEX DUNNIN  |  THURSDAY, 9 AUG 2007
Scale gives large super funds the resources and the likelihood to outperform, but that doesn't mean small funds that are well run can't compete with the mega fund powerhouses.

US investors receive $312m from Fair Fund

ALEX DUNNIN  |  WEDNESDAY, 8 AUG 2007
Another week, another compensation resolution for US investors. This time the Securities and Exchange Commission (SEC) is about to distribute $312 million through the Fair Fund, created as part of the settlements with Qwest Communications International ...

Balmain and Allco expand factoring joint venture

WWW.THESHEET.COM  |  WEDNESDAY, 8 AUG 2007
In buying Scottish Pacific from St George Bank, BA Venture, a joint venture between commercial loan broker Balmain Commercial and Allco Finance Group, aim to bring scale to the fragmented market for debt factoring.