Hedge Funds

All bells and whistles at Club Plus Super

Members of the $1.5 billion industry superannuation fund, Club Plus Super, can now directly purchase term deposits, exchange-traded funds and shares via the fund’s new online investment and administration platform. For only $15 a month plus brokerage fees, members can invest in one, three, six and 12-month deposits and trade stocks on the S&P/ASX 300 […]
Investment Strategy

Super contributions down in Q2

Financial Services Council chief economist, James Bond, said the unexpected drop in superannuation contributions in the June quarter could be attributed to a loss of investor confidence in the super system as well as “leakage” of employer contributions to the self-managed superannuation sector. According to the latest quarterly data from the Australian Prudential Regulation Authority, […]
Investment Strategy

Platinum picks: following the Neilson nose

Star stock picker Kerr Neilson isn’t afraid to admit when he’s wrong. Three years ago, he refused to believe that women would never want to buy their clothes and shoes online, only to watch internet-based retailers for women become the most popular websites in the world, facilitating enormous sales volumes daily. “Three-to-five years ago, I […]
Hedge Funds

Economic growth no proxy for equity performance

Two emerging markets specialists have explained why developed market equities are outperforming countries such as China. Anne Richards, global chief investment officer at Aberdeen Asset Management, said economic growth was not a proxy for equity market performance, with the MSCI Emerging Markets Index severely underperforming the MSCI World Index in the last 12 months despite […]
Governance

Advice advances as super offering

UniSuper is to grow its number of financial planners, as research shows members are more likely to stay with the fund if they receive intra-fund advice. Speaking at the AIST Superannuation Administration Symposium in Melbourne on August 15, Chris Davies, UniSuper’s executive manager for member and employer solutions, said the fund’s unique understanding of its […]
Investment Strategy

Longer life means more, different work

Employers face new and mounting occupational health and safety risks as more Australians choose to work long into their 60s, according to Talent2 director Peter George. Speaking at the AIST Superannuation Administration Symposium in Melbourne on Thursday, George said an ageing workforce presented both opportunities and challenges for organisations that needed to be more flexible, […]
Investment Strategy

AMP: Infrastructure deal flow limited

Institutional investors’ insatiable appetite for infrastructure assets is being curbed by limited deal flow, according to Paul Foster, head of infrastructure for Australia and New Zealand at AMP Capital. Foster, who was a speaker at the recent Financial Services Council’s conference, described Australian superannuation funds as “rightfully agnostic” when it came to domestic versus offshore […]
<2of2>