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Superannuation

Skandia selects six new funds

KATE HAGE  |  THURSDAY, 25 MAY 2006
Skandia has added six new funds to its investment menus, including an absolute return fund and a China fund, aimed at delivering consistent returns with less risk.

VFMC bears teething pains to woo top talent

The Victorian Funds Management Corporation's (VMFC) chief executive, Syd Bone, conceded it will be a tough recruitment period ahead as the group grows and restructures its investment team, with existing staff required to re-apply for their jobs.

InvestorWeb rates yield driven fixed interest funds

KATE HAGE  |  WEDNESDAY, 24 MAY 2006
Fixed interest has traditionally been seen as simply a defensive asset within a portfolio, but the players from InvestorWeb's recent review are behind a new trend towards yield driven and higher risk products.

Fiducian's $1bn platforms build on stellar 2005

HAMISH MADDEN  |  WEDNESDAY, 24 MAY 2006
Fiducian Portfolio Services continues to build on its massive 2005 financial year performance, announcing that its platforms are now home to $1 billion and its funds are continuing to deliver strong returns.

Rivals join hands for AustralianSuper

Walking down the aisle with two brides? The soon-to-merge STA/ARF mega fund AustralianSuper will retain both JANA and Frontier to provide asset consulting for the fund's combined $20 billion portfolio.

DSTi launches simplified reporting solution

HAMISH MADDEN  |  TUESDAY, 23 MAY 2006
DSTi has announced the launch of its new straight through web enabled reporting tool to automate and simplify business reporting.

FuturePlus eyes international property

Hands up if you're an international property fund manager with a strong business case. FuturePlus chief investment officer Terry Newson wants to hear from you.

Perpetual profits to jump 13 per cent

KATE HAGE  |  TUESDAY, 23 MAY 2006
Perpetual has forecast a 13 per cent jump in its 2006 full year after tax profits on the back of strong net inflows.

Praemium joins forces with IWL and Coin

HAMISH MADDEN  |  TUESDAY, 23 MAY 2006
Recently listed portfolio administration provider Praemium has announced a strategic partnership with IWL and Macquarie's Coin Financial Software in a bid to streamline account administration and management.

Multiplex to launch and list $640m office fund

Multiplex Group is set to launch a new office fund with a property portfolio worth $640 million and has an ASX listing in its sights.