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Superannuation

Clients push S&P to make ratings simpler

Standard & Poor's (S&P) is not making a big song-and-dance about it but the ratings house has dramatically changed its ratings scheme due to client demand for a simpler structure.

Alleron wins big mandate from UFM

Boutique Australian equity specialist Alleron Investment Management has won a big mandate from multi-manager United Funds Management (UFM).

Yes you can predict top performing funds, almost

Research just released by Rainmaker and SelectingSuper reveals that choosing super funds based upon long term returns may not be as heretical as it may seem.

Weaven trumpets industry fund growth figures

Industry fund services executive chair, Garry Weaven, says industry funds have grown 'significantly' post-choice.

Survey reveals ICs matching the benchmark

The September quarter results for the Counterpoint/Rainmaker implemented consulting (IC) survey reveal ICs are yet to show any noticeable outperformance over single-managers.

Virgin in bed with big Macq

Virgin Money Australia inches closer to its goal of becoming a top player in retail financial services after Macquarie Bank bought a 10 percent stake in the business and offered to bankroll new Virgin Money products.

New global dividend yield fund for ING

ING has launched a new global dividend fund aimed at investors wanting more income in the portfolio mix.

Baby boomers turn to property to fund retirement

Australian mortgage broker, Mortgage Choice, has come out and forecasted a surge in the property market to be fuelled by baby boomers, on the back of recent survey results.

NRMA award IXIS funds-to-funds mandate

IXIS Asset Management Australia Limited (IXIS) have won a $15 million mandate from NRMA Motoring Services, in a funds-to-funds management move, aimed to help improve their $750 million treasury portfolio.

AXA makes sweeping changes to property funds

AXA has announced sweeping changes to their wholesale and retail Australian property funds to allow them greater flexibility and liquidity in a highly competitive property environment.