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Superannuation

Lodestar absolute return fund awarded buy rating

KATE HAGE  |  WEDNESDAY, 11 OCT 2006
Research and ratings house InvestorWeb has given a 'buy' rating to the Lodestar Australian Absolute Return based on the "strong pedigree" of its investment team and their "disciplined" strategy.

Coin rolls out insurance in updated software

KATE HAGE  |  WEDNESDAY, 11 OCT 2006
Coin Software said that the take-up of its new integrated insurance product shows that advisers are aware of the underinsurance gap in Australia and are trying to address it.

China growth an uneven story: Keating

Former Prime Minister Paul Keating told SIBOS attendees yesterday that China is a "very mixed place in terms of prosperity and opportunity" and dispelled some easy truths about doing business in a region going through an unprecedented growth spurt.

Big banks pursue more exotic securitisation schemes

WWW.THESHEET.COM  |  WEDNESDAY, 11 OCT 2006
ANZ is to double its collateralised loan obligation (CLO) business volumes to $2.2 billion using a deal offered through Resonance Funding Series 2006-1, a special purpose vehicle that will bundle a coupon rate through 110 corporate loans held by the ...

More growth through structured products and MAs

Structured products and managed or wrap accounts are the next cornerstones of the global investment funds sector, according to an on-the-spot poll of fund managers and other industry participants at the SIBOS conference held this week.

Hands off our turf: Westpac

Westpac's chief executive, David Morgan, has called on banks to step up their game against non-traditional financial services providers who are aggressively gaining market share in what are traditionally bank dominated areas.

Sunsuper takes message to the country

KATE HAGE  |  TUESDAY, 10 OCT 2006
Sunsuper is focusing a re-marketing campaign on regional areas, providing retirement planning seminars throughout country Queensland and New South Wales in October.

Risky LPTs distorting the sector: Macquarie

HAMISH MADDEN  |  TUESDAY, 10 OCT 2006
Listed property trusts (LPTs) have never varied so widely according to Macquarie, who say out that much of the sector has been skewed by LPTs operating like anything but a traditional LPT and carrying risk beyond their traditional scope.

Product complexity blamed for systemic errors

WWW.THESHEET.COM  |  TUESDAY, 10 OCT 2006
Complex product packages of the kind that have become increasingly common in retail banking are a major cause of systemic problems in the banking system, according to the Banking and Financial Services Ombudsman (BFSO).

Audits pinching corporate funds: Trust

KATE HAGE  |  TUESDAY, 10 OCT 2006
Corporate super funds are feeling the pinch of resources and budgets, according to independent trustee Trust Company, particularly as the date for the first round risk management audits nears.