Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

First State Super doubles menu choices

First State Super has expanded its investment choice menu to satisfy member demand, including six major single asset class strategies to complement existing pre-mixed options.

Aust Unity upgrades to Pentafin

Australian Unity Investments, the funds management arm of health, finance and retirement group Australian Unity, is to undergo a major IT upgrade over the next six to nine months and has dropped its previous IT partner for software group Pentafin.

Lonsec rates Mellon's experience

KATE HAGE  |  FRIDAY, 22 SEP 2006
Advance Asset Management's Global Alpha Fund has been given a recommended rating by Lonsec following a review of the management team and processes.

Star ratings on staff? Only in China

The third largest bank in China, the Bank of China (BOC), has introduced the penultimate in 'customer satisfaction' surveys, asking customers to rate individual banking employees on the spot with a one-star to five-star rating based on service level.

Super funds to back new home equity mortgage group

KATE HAGE  |  FRIDAY, 22 SEP 2006
Superannuation funds are set to get behind a new home equity mortgage group, headed up by the former chief executive officer of Rothschild Asset Management, that will bring shared appreciation style mortgages to Australia.

Basis Capital takes top hedge funds honour

HAMISH MADDEN  |  FRIDAY, 22 SEP 2006
Basis Capital took home the award for Australian Hedge Fund of the Year with its Basis Aust-Rim Opportunity Fund at last night's Hedge Funds Rock awards presentation.

Market wrap - morning

AAP  |  FRIDAY, 22 SEP 2006
In Sydney, the Australian share market is expected to open slightly firmer as a weaker Wall Street offsets strong gains in commodity prices.

Financial Synergy scoops ESSB deal

Financial Synergy has announced that the Emergency Services Superannuation board has chosen their flagship Acurity administration software to replace the ESS' current pension system.

Daily economic round-up

PETER BELL  |  THURSDAY, 21 SEP 2006
The Director General of the 140 member World Trade Organisation, Pascal Lamy, has moved the deadline for several key countries to accede to opening up their agricultural markets more to March of next year following frictions at the Cairns round of 18 ...

Global property securities funds "strong": InvestorWeb

KATE HAGE  |  THURSDAY, 21 SEP 2006
On the back of their Global Property Securities Sector Review for 2006, InvestorWeb predict the sector is set to continue its strong ascent, pushed along by the steady adoption of REIT legislation internationally and institutional demand.