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Superannuation

Westpac adds to growing trophy cabinet

CHRIS NICHOLLS  |  TUESDAY, 12 JUN 2007
Westpac added to its trophy cabinet today by picking up the Best Retail Bank in Asia and Best Retail Bank in Australia awards for 2006 at The Asian Banker Magazine's Excellence in Financial Services Awards in Shanghai.

Sunsuper seals admin deal with a twist

While many financial planners are moving towards the fixed fee model, fund administration services providers are running in the opposite direction, as evident from the recent Sunsuper and Citistreet deal.

Balanced funds tip towards alternatives

A new Deloitte survey on what asset classes a balanced fund typically invests in found falling demand for fixed interest and a marked shift towards alternative assets.

Public companies should learn from private equity

ALEX DUNNIN  |  THURSDAY, 7 JUN 2007
Public companies could emulate the perceived success of private equity if their boards were allowed to be more independent and they were empowered to manage companies more actively, including using more leverage.

Investors extending their investment edge

ALEX DUNNIN  |  THURSDAY, 7 JUN 2007
Investors looking for higher and more consistent alpha are driving interest in "extension" strategies that integrate both long and short positions, following a trend already very strong in the US but now gaining ground in Australia, said State Street ...

Centro direct property funds grow assets

HAMISH MADDEN  |  WEDNESDAY, 6 JUN 2007
The Centro Direct Property Fund (DPF) and the Centro Direct Property Fund International (DPFI) have finalised a combined $950 million investment into the jointly owned Centro Retail Investment Trust (CRIT).

Instos unite for research

Eight major super funds and fund managers have become the cornerstone investors of Regnan, a specialist governance research group that will track the environmental, social and governance (ESG) performance of companies for institutional investors.

Lander and de Pourbaix take out BlackRock CIMA Scholarship

Financial Facts' research manager Lukasz de Pourbaix and van Eyk's co-head of investment research Jerome Lander have taken out this year's BlackRock CIMA Scholarship for Retail Researchers.

Super returns climb back driven by global shares, property

ALEX DUNNIN  |  TUESDAY, 5 JUN 2007
Improving international equities and property markets have helped super funds recover their returns to an average 12.2 per cent for the year to end April, up from 10 per cent as at end March, according to SelectingSuper.

ASX preps for emissions scheme

The Australian Securities Exchange (ASX) is gearing up to introduce a futures market for emissions following the government's decision to introduce an Emissions Trading Scheme (ETS).