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Superannuation

Record numbers achieve CFA charter

HAMISH MADDEN  |  THURSDAY, 23 NOV 2006
Last night around 40 candidates were awarded their Chartered Financial Analyst® (CFA®) charter at a dinner in Sydney, part of the record 228 Australian candidates who will become eligible for a CFA® charter this year.

Advisers are like architects: AFA

ALEX DUNNIN  |  WEDNESDAY, 22 NOV 2006
In debates about advice, regulation and meeting consumer needs, the toughest thing has been explaining to consumers what advisers actually do.

First State Super launches retirement products

ALEX DUNNIN  |  WEDNESDAY, 22 NOV 2006
First State Super has launched two retirement products, one for members transitioning to retirement and one for members who have fully retired.

Small cap returns abound for the skilled: Pengana

HAMISH MADDEN  |  WEDNESDAY, 22 NOV 2006
Outperformance in the small cap sector is driven by stock picking skills, and if a manager can do that well they can continue to harvest strong returns, according to Pengana Capital.

K2 is an absolute five star: S&P

A strong seven year track record has paid off for K2 Asset Management with its Australian absolute return fund receiving a five star rating from Standard & Poor's (S&P).

Japanese property a hit with Aussie investors

The Macquarie Global Property Japan Core Plus Fund closed over-subscribed by more than $390 million (US$300 million) with 25 per cent of the total $1.12 billion (US$865 million) capital raising coming from five Australian super funds alone.

MAB FM raising funds for US retail trust

HAMISH MADDEN  |  WEDNESDAY, 22 NOV 2006
Specialist property investment manager MAB Funds Management (MAB FM) is looking to raise $37 million for its newly launched unlisted fund investing in the US retail property market.

Liquidator gets 12 month suspension

Sydney liquidator Ronald Dean-Wilcocks has been suspended for 12 months from working as a liquidator after he failed to disclose conflicts of interest to his clients.

ANZ FP to focus on maintaining its muscle

HAMISH MADDEN  |  TUESDAY, 21 NOV 2006
It's been a good year for ANZ Financial Planning (ANZ FP) but general manager, Mike Goodall, said he would be shoring up the business model to leverage more success into 2007.

AMP Capital Investors opens door to China securities

HAMISH MADDEN  |  TUESDAY, 21 NOV 2006
AMP Capital Investors is hoping to raise $280 million for its new AMP Capital China Growth Fund, giving investors access to China A shares normally off limits to Australian investors.