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

Superannuation

Hewitt eyes investment consulting

Hewitt Associates, better known locally for its HR and actuarial services, is eyeing the investment consulting market, potentially posing a fresh threat to incumbents such as JANA, Watson Wyatt and Mercer.

INVESCO opens the new Japan to retail investors

Japanese economic and investment conditions have well and truly turned the corner and the time for retail investors to gain exposure has arrived, according to INVESCO.

Asset Super reallocates assets with new mandates

Asset Super's rapidly swelling FUM has caused it to rethink and reallocate its investment allocation, resulting in new mandates being given to QUEST Asset Partners and Perennial.

Recovering house prices to sustain wealth affect

Using mortgage insurance demand as a leading indicator for real estate prices, PMI Mortgage Insurance (PMI) has found prices are generally moving upwards, confirming sentiment that the so-called property slowdown may be nearing an end.

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.