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Superannuation

MLIM and BlackRock create $1.35 trillion fund

Following weeks of mounting speculation, Merrill Lynch Investment Management (MLIM) is set to merge with listed US money manager BlackRock to form a $1.35 trillion investment juggernaut.

Agribusiness commissions "too high"

The Australian Agribusiness Group (AAG) has called on the industry to reduce commissions charged for agribusiness projects which can sometimes be as high as 15 per cent.

New survey debunks age-old investor behaviour views

A recent survey of investor behaviour is debunking age-old views on how men and women invest, and will potentially drive the popularity of gender-specific or lifecycle type managed funds.

Property funds looking for offshore or unlisted investments

A comparative review of Australian property securities funds has found that domestic crowding is increasingly forcing local property managers to look offshore for investments.

Lonsec warns MTMs to seek new boutique managers

Lonsec has warned multi-managers (MTMs) to source new or additional boutique managers quickly if the capacity of their underlying managers continues to swell.

Fixed interest managers now adding value: InvestorWeb

Eight out of 12 Australian fixed interest funds put under the microscope by InvestorWeb were rated as investment grade or better.

Super choice information overload

ASFA celebrated Valentine's Day this year with the message that super choice has been a non-event that has lead to information overload.

One-tenth of employees to opt for super choice in just year one: ASFA

The latest Association of Superannuation Funds of Australia (ASFA) survey on the impact of choice of fund has shown that 4 per cent of survey respondents have already exercised choice, with another 5 per cent likely to follow in the next year.

Legg Mason funds placed "on hold" after key departures

S&P has placed Legg Mason's Australian equity and Australian property securities funds "on hold" following the announcement of key management departures.

HFA trumpets its "strong buy" ratings

Absolute return manager, HFA Asset Management (HFA), is trumpeting its "strong buy" recommendations from InvestorWeb Research (IWL) on both its international shares fund (ISF) and diversified investments fund (DIF).