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Superannuation

AFS renews Oasis contract

CHRIS NICHOLLS  |  MONDAY, 16 JUL 2007
AFS Group has renewed its strategy portfolio (SPL) administrative agreement with Oasis Asset Management following a nine month tender process.

US energy powers VFMC

The Victorian Funds Management Corporation (VFMC) has looked to the US energy and electric power sector for returns and is one of the main investors in a power fund run by private equity fund manager Energy Investors.

Tyndall, Suncorp restructure investment ops

Tyndall and Suncorp have announced the restructuring of their investment operations following Suncorp's purchase of the Promina group in March this year.

S&P downgrades Aust Unity insurance

CHRIS NICHOLLS  |  THURSDAY, 12 JUL 2007
Standard & Poor's has downgraded Australian Unity General Insurance's (AUGI) BBB rating, placing it on credit watch 'with negative implications', following its acquisition by Calliden last week.

Northern Trust opens local shop

Global custodian Northern Trust, the US-based custodian selected by the $51 billion Future Fund, flagged its more serious intention to service the local market with the grand opening of an Australian headquarters.

Plum awash with TFNs

CHRIS NICHOLLS  |  WEDNESDAY, 11 JUL 2007
Plum Financial Services' campaign to inform clients about the significance of not submitting tax file numbers post-1 July has netted a four-fold rise in submissions over the past few months, according to chief executive, Mike Fitzsimons.

SELECT scores four stars for diversified funds

CHRIS NICHOLLS  |  WEDNESDAY, 11 JUL 2007
Select Asset Management today announced that Standard & Poor's has awarded both its Select Growth Portfolio and Select Defensive Portfolio diversified funds a four star rating.

ING PEAL rings in renewed PEP deal

CHRIS NICHOLLS  |  WEDNESDAY, 11 JUL 2007
ING Private Equity Access Limited (ING PEAL) has announced a continuation of its relationship with Pacific Equity Partners (PEP) with a new $10 million commitment to Pacific Equity Partners Fund IV.

AMG answers demand for US boutiques

Affiliated Managers Group (AMG), an American asset manager that part-owns established boutique funds, has quietly amassed $8 billion in Australian mandates and hopes to make a bigger splash later this year through the launch of new global products.

Wyllie launches new 'niche within a niche' company

CHRIS NICHOLLS  |  TUESDAY, 10 JUL 2007
Boutique investment company Wyllie Group has launched a new niche wholesale funds management division called Viburnum.