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Superannuation

InvestorWeb research for sale?

It is understood that the sale document for InvestorWeb, the managed funds research arm of IWL, is circulating in the market two months after IWL divested its financial software business VisiPlan.

US fund fees plummet

ALEX DUNNIN  |  WEDNESDAY, 27 JUN 2007
Fees and expenses for US mutual funds plummeted to their lowest levels in more than a quarter century in 2006, according to new research just released by the Investment Company Institute in the US.

Fin services not delivering

ALEX DUNNIN  |  WEDNESDAY, 27 JUN 2007
Ten years after the Wallis financial system inquiry, the industry has failed to deliver on its promise and continues to lag the rest of the economy while it has also become an export failure, highlighting that the inquiry really delivered very few tangible ...

Principal buys $16.5b value fund

Principal Global Investors (PGI) has acquired Morley Financial Services, a value asset manager with around $16.5 billion (US$14 billion) in funds under management, for $88.8 million (US$75 million).

Credit Suisse puts twist on hedge indexing

Credit Suisse has launched a new indexed leveraged hedge fund, with a unique daily liquidity feature and exposure to multiple hedge fund strategies and managers.

Bank on high quality: ipac

Implemented consultant ipac Securities predicts the 'next big thing' in global shares will be the 'old big thing' after it found that the relative valuations of high quality stocks are now trading at 40 year lows.

More alpha through lower trading costs: BGI

Fund managers can increase their 'alpha' returns not just through their stock picking skills but also through their ability to forecast trading costs, according to a new study.

Genesys chooses preferred insurers

HAMISH MADDEN  |  TUESDAY, 26 JUN 2007
Genesys Wealth Advisers has partnered with four preferred group insurers - Aviva, CommInsure, Macquarie and TOWER - in a bid to leverage improved outcomes for all parties.

LSE and Italian bourse to merge

Consolidation continues in the bourse sector after the London Stock Exchange announced its intention to merge with Borsa Italiana in a deal worth $9.2 billion.

ING Real Estate moving in-house

HAMISH MADDEN  |  TUESDAY, 26 JUN 2007
ING Real Estate will be moving parts of its retail portfolio capabilities back in-house, but the relationship with Savills will not be severed completely.