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Superannuation

Quadrant leads super funds investors to buy Red Rooster

CHRIS NICHOLLS  |  TUESDAY, 17 APR 2007
Quadrant Private Equity has led its super fund investors to buy Australian Fast Foods (AFF), owner of the Red Rooster and Chicken Treat brands, for $180 million.

Fund managers better buyers than sellers

HAMISH MADDEN  |  TUESDAY, 17 APR 2007
Fund managers being too optimistic about investments they have selected are inadvertently hurting their performance by making poor selling decisions, said quantitative research specialist Inalytics.

BlackRock accumulating mandates

HAMISH MADDEN  |  MONDAY, 16 APR 2007
BlackRock has secured a number of strong mandates already in 2007, including a $470 million mandate from the Local Government Superannuation Scheme (LGSS) and an $80m mandate from TASPLAN.

Portfolio Partners offsets co2 with tree-planting program

CHRIS NICHOLLS  |  FRIDAY, 13 APR 2007
Portfolio Partners has announced a partnership with CO2 Australia to sequester its greenhouse gas emissions by planting mallee eucalyptus trees in NSW and Victoria.

Mortgage brokers bounce back in latest mystery shop

Mortgage and Finance brokers have beaten stereotypes to come up well in a survey of 104 members by the Mortgage and Finance Association of Australia, contrasting sharply with a recent CHOICE magazine report criticising the integrity of brokers selling ...

FUM surges to $1.4 trillion

ALEX DUNNIN  |  WEDNESDAY, 11 APR 2007
Funds under management from Australian investors surged $213 billion or 18 per cent during 2006 to reach nearly $1.4 trillion, according to figures released in the latest Rainmaker Information Roundup report.

Navigator broadens its horizons

CHRIS NICHOLLS  |  WEDNESDAY, 11 APR 2007
Navigator has added 26 new funds to its investment menu across the Navigator Personal Retirement Plan and the Personal Investment Plan, with eight new additions coming from Russell Investment Group.

Stone age funds up for reforms

The Federal Government is looking into legacy products in the managed funds industry as the next area for reforms in an effort to drive more cost savings in the $221 billion sector.

Challenger buys into new UK telecoms

CHRIS NICHOLLS  |  WEDNESDAY, 4 APR 2007
Challenger Infrastructure Fund (CIF) has announced a £63 million (A$154 million) pro rata share purchase of UK telecommunications infrastructure company Arqiva's rights issue.

AMP Capital Investors forms JV to manage intl property

CHRIS NICHOLLS  |  TUESDAY, 3 APR 2007
AMP Capital Investors has formed a 50/50 joint venture with KG Redding & Associates to manage its global listed property assets.