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Superannuation

World cup fever to push Euro stocks: Barclays

Super funds and fund managers have another reason to back the World Cup, besides the Socceroos being there, with UK investment house Barclays singling out stocks that will benefit on and off the pitch.

Our master is the government: FF boss

ALEX DUNNIN  |  MONDAY, 29 MAY 2006
The Future Fund is the government's money and it is the boss, said Future Fund chairman David Murray in an interview yesterday.

US property giant signs up for Aussie expertise

RMR Advisors, a Boston-based real estate giant with $16 billion in funds under management, has appointed specialist property manager MacarthurCook as their local eye on Asia-Pacific real estate securities.

More control over currency: SSgA

Super funds unsure of whether they should hedge or not hedge can get the best of both worlds through State Street Global Advisors' (SSgA) newly launched hedging product.

MacBank launches commodities only fund

KATE HAGE  |  MONDAY, 29 MAY 2006
Macquarie Bank funds management (MFM) has launched a wholesale commodities fund, giving investors direct access to commodity market performances through local indices.

Mezzanine finance under fire: ASIC

HAMISH MADDEN  |  MONDAY, 29 MAY 2006
Two directors of the International Finance Corporation (IFC) will face Adelaide District Court over alleged illegal activities concerning a mezzanine financing scheme.

Austcorp debentures get thumbs up from Lonsec

Diversified property group Austcorp plans to raise $30 million through a debenture product that has gained an 'investment grade' rating from Lonsec.

Consulting market tipped for further consolidation

According to industry sources, Intech Asset Consulting (Intech) is up for sale and an information memorandum is currently being circulated around the market in the hope of picking up a prospective buyer.

PIS set for a million dollar make-over

HAMISH MADDEN  |  FRIDAY, 26 MAY 2006
Professional Investment Services (PIS) has announced it has partnered with Million Dollar Round Table (MDRT) in a move designed to bring best practice to its substantial network.

Outflows to force Challenger fund re-opening

KATE HAGE  |  FRIDAY, 26 MAY 2006
Morningstar research has issued an updated report on the "tough times" being faced by Challenger small and micro cap funds of late, which they say has resulted in $100 million in institutional fund outflows.