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Superannuation

NZ finance companies risky long term: S&P

Standard & Poor's (S&P's) have issued a warning to investors saying that New Zealand finance companies, while currently popular for their high short term returns, are in fact a "vulnerable" and risky investment in the long term.

Returns after-tax are the maingame: Vanguard

Vanguard Investments Australia's head of retail, Robin Bowerman, has warned financial planners and investors to demand after-tax reporting or risk being shortchanged.

Funds resolve ASIC disclosure issues

Several superannuation funds have responded to ASIC's direction for improvements to disclosure documents, saying the "minor" changes have been made and no members had been disadvantaged.

Insider trading fears undermining investor confidence

A report commissioned by institutional investors has revealed too many company directors are trading during 'black-out' periods or are failing to tell the market when they are trading their own company shares.

Premium road to China now highly recommended

A new fund managed by a HK-based fund manager hailed as the Warren Buffet of the East has notched up several impressive ratings.

ASIC complaint is minor: Health Super

Health Super, responding to an ASIC direction to improve insurance disclosure, says the areas requiring improvement are minor and have caused no detriment to members.

CSF inspires faith with RSE and goes public offer

The Catholic Superannuation Fund (CSF) has become the first major church-based super fund to gain a Registrable Superannuation Entities (RSE) licence and will also go public offer.

WA Local Government SELECT Gottex

Select Asset Management (SELECT) have won a $20 million mandate from the WA Local Government Superannuation Scheme.

QIC turns absolute for global fixed interest

QIC has launched a global fixed interest (GFI) product with an absolute flavour that aims to focus on active alpha rather than benchmark returns.

Bellwether returns for new boutique

New boutique fund manager Bellwether Partners (Bellwether) has posted strong first year performances with its Australian Share Fund outperforming the S&P/ASX 300 benchmark by 15.5 per cent.