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Superannuation

Allco crosses the Tasman

Allco is making waves in the New Zealand market with its Allco Principals Trust acquiring 50 per cent of Strategic Investment Group, the parent of New Zealand's Strategic Finance.

Institutional investors drawn to developed markets: State Street

Developed markets such as Canada, Chile, Norway and Singapore have attracted the largest amount of fund inflows over the last week, suggesting a thematic shift from 'safety first' to 'leverage', according to the latest research note from State Street ...

AXA adds NCAPs to its arsenal for over 55s

AXA has added non-commutable allocated pensions (NCAPs) to its adviser and platform channels in a bid to capture more of the over 55s market who are searching for income streams or tax benefits.

Macq wrap crosses the line first for retail inflows

Macquarie Wrap Solutions received the most net retail inflows in the final quarter of 2005, handing it first place for growth in funds under administration for the quarter and making it number one for inflows for the second half of 2005.

Award workers to have choice of fund

Up to 500,000 more employees will be able to choose their superannuation fund under new workplace relations amendments announced yesterday.

Good returns and good luck

Using research compiled by Morningstar as evidence, Vanguard Investments claims that most active fund managers cannot sustain above index-benchmarked performance over the long term.

Tax aside, agribusiness still "worth a look"

As a year end tax strategy agribusiness has always picked up its share of investment, but the tide is turning and, tax aside, agribusiness investments are still "worth a look", according to some analysts.

IWL and Macq to build info sharing technology

IWL's VisiPlan and Macquarie's COIN have announced they will be joining forces to create industry standard technology for communication between various platforms, planning software and advisers.

Follow the golden BRIC road: S&P

Ratings agency S&P predicts a fresh wave of specialist emerging markets funds - particularly dedicated BRIC (Brazil, Russia, India and China) country funds - over the next few years aimed at capturing the strong investment growth in those economies.

S&P rates Fidelity India fund

S&P has rated Fidelity's newly launched India Fund three stars but cautioned that a single emerging market fund comes with greater risk.