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Superannuation

Illiquidity to test retail investors: AMP

KATE HAGE  |  TUESDAY, 9 MAY 2006
Illiquidity will prove a test to retail investors in funds with high alternative allocations in the advent of a bear or falling market, AMP's leading economist has warned.

MLIM plugs holes left by recent departures

HAMISH MADDEN  |  TUESDAY, 9 MAY 2006
Merrill Lynch Investment Managers (MLIM) has announced the appointment of two senior former Goldman Sachs JB Were (GSJBW) analysts to its Australian equities team.

$38bn VFMC bigger and better

The $38 billion Victorian Funds Management Corporation (VFMC) is set to become a more powerful financial house after chief executive Syd Bone outlined a series of changes set to come into effect in the next financial year.

Allianz builds performance from the Grassroots

HAMISH MADDEN  |  MONDAY, 8 MAY 2006
Showcasing its capabilities last week, Allianz Global Investors Australia (Allianz GI) revealed one of its primary investment weapons - the Grassroots Research platform that uses journalists and researchers in the field to test whether a company is likely ...

AMP puts pedal to the metal

HAMISH MADDEN  |  MONDAY, 8 MAY 2006
AMP's emphatic revival continues, with the company reporting a 29 per cent increase in cash inflows to $2.66 billion in the March quarter.

Coin upgrades insurance software

HAMISH MADDEN  |  MONDAY, 8 MAY 2006
Coin Software has announced the imminent release of the upgraded version 2.5 of its Coin Office software, incorporating a new insurance module called "Inc".

FPA stops short of backing member calls

KATE HAGE  |  MONDAY, 8 MAY 2006
The Financial Planning Association (FPA) has stopped short of backing member calls for a shift towards offering consumers the choice of fee for service, instead supporting what it calls an "advice-based" fee model.

Lonsec, Rainmaker in software distribution deal

Lonsec Research has announced a deal with Rainmaker Information that will see it incorporate Rainmaker's web-based MarketPlace information platform into Lonsec's online financial planner research service.

Count licensees sign on for DMS

KATE HAGE  |  FRIDAY, 5 MAY 2006
Count Financial Limited (Count) AFS licensed employees will now use a program put out by Dealer Management System (DMS), which is designed to integrate software planning tools together with business management requirements.

Investors throw money at Praemium listing

HAMISH MADDEN  |  FRIDAY, 5 MAY 2006
Praemium has announced a premature close to its $18 million capital raising on the back of a very healthy response to its initial public offering (IPO).