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Superannuation

Fincorp launches safety-first income fund

HAMISH MADDEN  |  THURSDAY, 14 SEP 2006
Funds management and property development business Fincorp Group has announced the launch of its Enhanced Income Fund which aims to deliver a return to investors of 8.5 per cent per annum.

Increasing SG will cost 57,000 jobs: ACCI

ALEX DUNNIN  |  THURSDAY, 14 SEP 2006
The Australian Chamber of Commerce and Industry (ACCI) has finally broken its silence regarding all the proposals to increase SG above 9 per cent, saying it will cost tens of thousands of jobs.

First Capital approves acquisitions

KATE HAGE  |  THURSDAY, 14 SEP 2006
Listed financial services operator First Capital Group has received shareholder approval to acquire several businesses, including Sydney based separately managed accounts funds manager Explorer Group, and a share in seminar group Empowernet Digital.

Absolutely, positively Naos

Absolute return fund manager, Naos Asset Management, plans to differentiate itself from the rest of the boutique herd by tailoring its products to the needs of an overlooked sub-segment of high-net worth investors.

Industry funds save 26 per cent in fees: study

A new study has found that industry funds deliver 26 per cent more in retirement savings than retail master trusts due to lower fees, refueling debate on how super funds deliver value-for-money to their members.

Improve returns by picking losers: Triguboff

HAMISH MADDEN  |  WEDNESDAY, 13 SEP 2006
The best way to improve returns is to start looking at losing stocks, according to Michael Triguboff, managing director of MIR Investment Management.

Real estate a global game: LaSalle

HAMISH MADDEN  |  WEDNESDAY, 13 SEP 2006
Globally is simply the best way to look at your listed real estate allocation, according to LaSalle Investment Management Real Estate Securities.

AFM gets expanded AFSL

ALEX DUNNIN  |  TUESDAY, 12 SEP 2006
Distribution, sales, marketing and compliance adviser Australian Funds Marketing (AFM) has been granted an expanded Australian Financial Services License to operate registered managed investment schemes.

Plan B buys NZ private banker

Perth based financial planning group Plan B enjoyed working with NZ based Strategic Asset Management (SAM) so much it decided to buy the mid-size private banking firm for an undisclosed sum early this month.

Watson Wyatt gives ipac global guidance

HAMISH MADDEN  |  TUESDAY, 12 SEP 2006
Building on its current relationship, Watson Wyatt will begin providing ipac with global asset allocation research and advice on global strategies to supplement ipac's own knowledge base.