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Superannuation

MLC property fund to stand alone

CHRIS NICHOLLS  |  MONDAY, 21 MAY 2007
MLC has made its Global Property Fund available as a stand-alone sector fund on its MLC Wholesale Funds and MasterKey Custom platform for the first time since its inception in 2005.

Super fees jump triple inflation

ALEX DUNNIN  |  MONDAY, 21 MAY 2007
Rainmaker has released their 2007 super and retirement fund survey, showing fees have jumped 8 per cent, or nearly three times the inflation rate.

Pick your stocks when they're green: SAM

CHRIS NICHOLLS  |  FRIDAY, 18 MAY 2007
Picking your stocks based on colour may not be the most scientific method around, but go with green and you can't go wrong, said Sustainable Asset Management's (SAM) business development manager, Simon Romijn, speaking at the Financial Standard Best ...

Intangible fund a winning recipe: Macquarie

Amid the craze around growth type funds, global value fund Morgan Stanley Global Franchise has been forced to close its doors to new investors, proving too popular among financial planners.

Microfinance bonds attract major instos

ALEX DUNNIN  |  THURSDAY, 17 MAY 2007
Major institutions are entering the 'double-bottomline' fixed interest market by securitising microfinance bonds that will be used to fund micro loans in developing economies.

Kiwibank fined over lack of disclosure

ALEX DUNNIN  |  THURSDAY, 17 MAY 2007
New Zealand government-owned bank Kiwibank yesterday pleaded guilty to breaching the Fair Trading Act while a banking group recently appointed as a KiwiSaver default fund is also under investigation.

Stand by one manager: T Rowe Price

CHRIS NICHOLLS  |  THURSDAY, 17 MAY 2007
Generating alpha in the current global equities market meant employing only one manager per portfolio and conducting a lot of research into bottlenecks, according to visiting T Rowe Price vice president, Darrell Riley.

Macquarie seeks banking licence in Britain

WWW.THESHEET.COM  |  WEDNESDAY, 16 MAY 2007
Macquarie Bank plans to apply for a banking licence in Britain as a way of acquiring a "passport" to do more business in Europe.

IUS partners with CUNA

ALEX DUNNIN  |  WEDNESDAY, 16 MAY 2007
Group insurance specialist IUS is partnering with the US based CUNA Mutual Group to develop more innovative insurance products for the Australian market by harnessing IUS's reach into pension funds.

BT beats Vanguard on tax: Aviva

BT Financial has pipped Vanguard to take the number one spot as the most tax-effective Australian equities fund, according to new research from platform group Aviva.