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Superannuation

Sg CPF increases min member limits

ALEX DUNNIN  |  TUESDAY, 10 JUL 2007
The A$96 billion Singapore Central Provident Fund (CPF) has increased the minimum sum (MS) that retirees must leave in the scheme to fund their pension.

State Street's 130/30 funds gain $10bn Edge

CHRIS NICHOLLS  |  TUESDAY, 10 JUL 2007
State Street Global Advisors' (SSgA) today announced their innovative 130/30 Edge funds have broken through the US$10 billion mark in assets under management.

REST rolls out returns to members

HAMISH MADDEN  |  MONDAY, 9 JUL 2007
Public offer industry fund REST Superannuation has announced distributions of $1.7 billion to its 1.6 million members for the last financial year.

Grange plays down Lehman connection for now

WWW.THESHEET.COM  |  FRIDAY, 6 JUL 2007
Grange Securities, now part of the Lehman Bros fixed income group, may be playing down their links with the global giant, but their aggressive recruitment strategy betrays an intention to step up their market footprint.

FF enters market but quietly

ALEX DUNNIN  |  FRIDAY, 6 JUL 2007
The $42 billion Future Fund has entered the market to begin placing its $42 billion in investible assets, but won't be letting on how it intends doing it.

CommBank stays with EDS

WWW.THESHEET.COM  |  THURSDAY, 5 JUL 2007
The Commonwealth Bank has had difficulties with its information technology service provider EDS at times during their 10 year relationship, but all that was put to one side when the bank and the technology services company renewed their vows for another ...

LPTs expand as sentiment dips

The Listed Property Trust (LPT) Index may have performed poorly compared to the ASX200 over the past 12 months, but that hasn't stopped many LPT players from continuing with their expansion strategies.

ING rated best group risk provider

CHRIS NICHOLLS  |  THURSDAY, 5 JUL 2007
ING has been rated Australia's best group risk provider by clients in a new independent survey by NMG Financial Services.

FUM hits $1.4tr

ALEX DUNNIN  |  WEDNESDAY, 4 JUL 2007
Funds under management (FUM) has hit $1.4 trillion at end March after climbing 17.3 per cent or more than $200 billion during the previous year, according to Rainmaker's latest market roundup report.

UN's ESG principles gaining traction

HAMISH MADDEN  |  WEDNESDAY, 4 JUL 2007
The latest United Nations Principles for Responsible Investment (PRI) report reveals broadly positive trends, with the majority of large institutional signatories appointing dedicated responsible investment staff and 88 per cent putting environmental ...