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Superannuation

Small caps can keep on delivering: Pengana

HAMISH MADDEN  |  TUESDAY, 11 JUL 2006
Pengana's Emerging Companies Fund has delivered another quarter of outperformance, despite a decline in the benchmark and not being leveraged to the resources growth story, and the group sees no reason for that performance to fall off any time soon.

Another Elm associate banned by ASIC

HAMISH MADDEN  |  TUESDAY, 11 JUL 2006
The Australian Securities and Investments Commission (ASIC) has banned a financial adviser associated with the failed Elm Financial Services group for three years for his part in convincing a couple to invest $1 million in a failed product.

ACSI praised for corporate governance campaign

HAMISH MADDEN  |  MONDAY, 10 JUL 2006
The Australian Council for Superannuation Investors (ACSI) has been praised for its work in the area of corporate governance and president Michael O'Sullivan has been elected to the board of the International Corporate Governance Network (ICGN).

Small cap funds not driven by skill: van Eyk

HAMISH MADDEN  |  MONDAY, 10 JUL 2006
According to van Eyk, the performance of small cap funds will be dictated by market conditions rather than the skill of the managers.

In office we trust: Macq

Listed group Macquarie Office Trust has proven that the office sector is enjoying a boom time with the trust posting a 12.6 per cent increase in total assets value following recent revaluations.

Time for another Wallis Inquiry

A leading academic has challenged the government's four pillar policy and called for a major review of the country's financial system akin to the scale of the 1996-97 Wallis Inquiry.

Double-digit returns despite recent setbacks: Intech

KATE HAGE  |  MONDAY, 10 JUL 2006
Intech Investment Consultants is tipping that superannuation funds will return 14.8 per cent to their members for the 2005/06 financial year, the third consecutive year of double digit returns.

Depreciation changes boost property investment

ALEX DUNNIN  |  FRIDAY, 7 JUL 2006
One of the hidden surprises in the recent Federal Budget was changes to property investment depreciation rules.

ME-IFS merger just the end of the beginning: Weaven

ALEX DUNNIN  |  FRIDAY, 7 JUL 2006
The merger of Members Equity (ME) and Industry Funds Services (IFS) might be the beginning of the end for IFS, but for industry funds it's just the end of the beginning.

Dow Jones launches Aussie dividend index

Index giant Dow Jones has added an Australian version to its suite of dividend-focused indices with this month's launch of the Dow Jones Australia Select Dividend 30 Index.