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

Superannuation

IXIS Loomis wins Telstra Super $100m mandate

KATE HAGE  |  THURSDAY, 22 JUN 2006
IXIS Asset Management Australia has won a $100 million mandate from Telstra Super to be invested in its Ixis Loomis Sayles Global Growth equity fund.

Genworth study uncovers $41.9bn graduate mortgage market

According to investments and mortgage insurer Genworth Financial Australia, the right mortgage loan products could see the graduate mortgage market grow from $16.6 billion to as high as $41.9 billion over the next 12 months.

Aon appoints two risk experts

Aon Australia has appointed a former head from Lloyds TSB and an ex-manager from Santos to two of its practice groups.

Separate board for Adelaide Managed Funds

WWW.THESHEET.COM  |  WEDNESDAY, 21 JUN 2006
Adelaide Bank is to create a separate company board to oversee its now $2.3 billion managed funds business.

Tread carefully in listed property: Perennial

HAMISH MADDEN  |  WEDNESDAY, 21 JUN 2006
Global listed property has become a vast and opportunistic frontier, with expected sweeping property securitisation feeding the hungry investment hordes. But the landscape isn't all sure under foot, said Perennial.

IAGAM scores $250m mandate from Sunsuper

HAMISH MADDEN  |  WEDNESDAY, 21 JUN 2006
Sunsuper has awarded Insurance Australia Group Asset Management (IAGAM) a $250m Australian equities mandate to be invested through its Research Fund.

FPA announces Value of Advice Awards 2006

The Financial Planning Association (FPA) has announced the winners of the inaugural Value of Advice Awards 2006.

Former Westpac rep rips off $500k

A former Westpac Banking Corporation representative has received a permanent ban from providing financial services after being found guilty of misappropriating client money worth around half a million dollars.

Market wrap

AAP  |  WEDNESDAY, 21 JUN 2006
The Australian sharemarket is expected to open slightly higher despite a mixed session on Wall St and limited gains in metal prices.

Banks under growing IT security threat: Deloitte

Financial institutions need to get serious about their IT security after the latest Deloitte Global Security Survey found that more than three-quarters of the world's leading 150 finance groups suffered a serious security breach in the last 12 months.