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Superannuation

MasterSuper puts eggs in high conviction basket

HAMISH MADDEN  |  WEDNESDAY, 1 AUG 2007
MasterSuper has awarded $50 million to BT Financial and $46 million to Alleron Investment Management as high conviction Australian equities mandates.

Sentiment to Aust shares stays high

ALEX DUNNIN  |  TUESDAY, 31 JUL 2007
Sentiment towards strong Australian equity returns has improved over the last month while the mood towards international equities has dampened, according to latest Financial Standard market expectations survey.

New partnerships and sponsorships announced

ALEX DUNNIN  |  TUESDAY, 31 JUL 2007
The financial service industry continues to ramp up its presence in the corporate sponsorship market with Wilson HTM, MFS and Community First Credit Union all recently announcing major community partnerships, donations and sports sponsorships.

Australian economy to lose shine in 2025

London-based economic futurist and author Hamish McRae predicts that the US will remain the largest economic hub in the world by 2025 with China a close second but that Australia will be overtaken by India and Mexico.

Private equity, hedge funds at risk

CHRIS NICHOLLS  |  TUESDAY, 31 JUL 2007
Up to half all hedge funds, at least one major bank and a "substantial percentage" of private equity firms in business today worldwide will cease to exist within five years, according to predictions made by GMO chairman, Jeremy Grantham.

St.George and HESTA champion flexible workplace

St.George Bank and HESTA Super Fund have been named winner and finalist respectively in the 2007 ACCI/BCA National Work and Family Awards, promoting companies that offer outstanding and flexible working arrangements.

Market freefall not a bear signal

The flight to quality began last week as global markets posted record share price falls but some fund managers saw the sea of red as a buying opportunity.

Benefits from new super inflows thin on ground

CHRIS NICHOLLS  |  MONDAY, 30 JUL 2007
New products and small increases in efficiency look to be the only benefits superannuation fund members reap from the massive increase in inflows received in the run up to 30 June.

Water investments the next frontier

The amount spent on water and water-related infrastructure globally has now reached $350 billion (US$300 billion) per year and growing at a rate of between 8 per cent to 12 per cent, according to a new study.

New reverse mortgage broker group sets sail

CHRIS NICHOLLS  |  MONDAY, 30 JUL 2007
New independent reverse mortgage broker network Fortus launched today, offering what it called a 'strict code of conduct' to safeguard retirees considering a reverse mortgage.