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Superannuation

Morningstar confirms buy-out of Aspect Huntley

KATE HAGE  |  MONDAY, 3 JUL 2006
International research and ratings house Morningstar has paid $30 million to acquire Aspect Huntley, the Sydney based market research group and owner of industry publications IFA and Investor Weekly.

SRIs beat the index time and time again

HAMISH MADDEN  |  MONDAY, 3 JUL 2006
Analysis by AMP Capital Investors shows that Sustainable Responsible Investment (SRI) funds have outperformed the S&P/ASX 200 Index across a range of market conditions over one, three and five years.

The feeling is mutual: Aust Unity

Australian Unity will remain a mutual company after a consultation with its members found that less than a third were in favour of a demutualisation.

MacarthurCook and JF Meridian trade $32m Canberra property

ALEX DUNNIN  |  FRIDAY, 30 JUN 2006
MacarthurCook Funds Management has bought into Canberra's hot commercial property market, taking on a $32 million property from JF Meridian Management Limited.

Life insurance industry no more

ALEX DUNNIN  |  FRIDAY, 30 JUN 2006
Insurance companies received $35.8 billion in premiums in 2005, but despite a surging market this is still down 2 per cent for the year.

Banks burdened by regulatory overkill

Too much regulation poses a serious health risk to banks and other finance companies around the world, according to the latest survey by PricewaterhouseCoopers and the Centre for the Study of Financial Innovation (CSFI).

Hyperion wins $230m Auscoal mandate

KATE HAGE  |  FRIDAY, 30 JUN 2006
Boutique value manager Hyperion Asset Management has won a $230 million mandate from Auscoal Superannuation, the first of more to come, management said.

CIOs lacking in IQ: Deloitte

The explosion of data and reporting requirements have prompted over two-thirds of large companies in Australia and NZ to hike up their IT spend and improve their company's 'information quality' or IQ, according to a Deloitte research.

ASIC bans two for their part in failed businesses

HAMISH MADDEN  |  FRIDAY, 30 JUN 2006
Two New South Wales directors have been disqualified from acting as company directors by the Australian Securities and Investments Commission (ASIC) after their involvement in failed companies.

S&P international review highlights higher risk appetite

KATE HAGE  |  THURSDAY, 29 JUN 2006
A new S&P report shows that the appetite for higher risk has continued to climb, with international large cap equity managers taking larger exposures to emerging markets and incorporating them into higher conviction portfolios.