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Superannuation

Bird flu pandemic risk could strike insurers

Life insurers and their reinsurers could be significantly impacted by a bird flu pandemic.

Portfolio Planning Solutions joins AXA alliance

One of South Australia's largest financial planning groups, Portfolio Planning Solutions, has announced it is joining forces with AXA-owned ipac in an equity partnership agreement.

S&P downgrades CDOs after automotive default

After a comprehensive collateralised debt obligation (CDO) review, S&P has downgraded the ratings of two Hong Kong synthetic CDOs following the default of a US automotive giant.

Hedge funds expect more USD rallies: Greenwich-Van

Recent volatility in the S&P 500 and in global currency markets has made hedge fund managers even more upbeat about the USD.

Industry backs tax cut recommendation

A Government initiated think tank has been backed by key industry groups in calling for tax cuts to managed investment trusts and superannuation funded tourism infrastructure projects.

State Street celebrates 20 years in Aust with SSgA reaching $60 bn

State Street has just marked 20 years in Australia, while its investment arm, State Street Global Advisers (SSgA), has just passed $60 billion in assets under management for Australian clients.

Centro opens international property fund to retail investors

Centro Properties Group (Centro) announced that it has opened the doors of its Centro Direct Property Fund International (DPFI) to retail investors.

NZ and Aussie dollar slide a plus for bond managers

A sliding New Zealand dollar and threatening recession will mean good things are in store for fixed interest managers holding NZ bonds, according to leading economists.

RP Data and Rismark to reform property pricing info

RP Data, Australia and NZ's biggest property data provider, and Rismark International, a real estate funds management JV with Macquarie Bank, have announced an Exclusive Strategic Partnership to rectify house pricing measurement inaccuracies.

APRA to give guidance on the risks of outsourcing

The Australian Prudential Regulation Authority (APRA) has released a discussion paper and draft standards giving guidance on managing the risks associated with outsourcing.