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Superannuation

Demand for reverse mortgage on the rise

After a three-month long search and consultation, financial advisory group Lonsdale has appointed three reverse mortgage providers: Bluestone Equity Release, Macquarie and OFM Investment Group to team up with its network of 170 financial advisers.

S&P rates Macquarie's Fusion Funds

Standard and Poor's (S&P) have assigned Macquarie's Fusion Funds a "Recommended" rating, prior to the fund's November 9 application opening.

Sunsuper awarded RSE Licence

Sunsuper has beaten the 1 July 2006 deadline, and received their Registrable Superannuation Entity (RSE) Licence.

US equity funds back in favour

Investors are pouring their money into US equity funds at the expense of Europe and emerging markets equity funds, according to the latest weekly report by Emerging Portfolio Fund Research (EPFR).

Fund transfer protocols need to catch-up with technology: ASFA

The Australian Super Fund Association (ASFA) says super funds taking a long time to process member payments because of delays in completing identity checks are causing tensions with members.

Bernstein builds research base in HK

Bernstein is building upon its Asia Pacific regional research base by adding a new team to be based in Hong Kong.

Buy NZ debt: Rapid Ratings

Rapid Ratings says New Zealand debt securities should be snapped up, as a NZDX comparative report reveals they offer high yields and low risk levels.

Global hedge funds strong but still below ASX

All global hedge funds indices are in the black but they are still underperforming local equities.

Asian hedge fund to target Australian assets

Singapore-based Fairfield Straits Lion Asset Management (FSL) is seeking to offset Asian market volatility by adding exposure to Australian assets to their hedge fund portfolios.

Templeton Growth shuns Aussie stocks

US-based mutual fund Templeton Growth Fund no longer holds any Australian holdings and its manager Templeton Investment Management says it is struggling to find attractive investment opportunities in the country.