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Superannuation

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.

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 ...