To date, 180 industry professionals have registered to attend an inaugural superannuation insurance event that aims to dissect concerns regarding a detected insurance gap faced by Australian super fund members.
A series of major listings, tipped to raise at least $US1 billion each, are expected to double the market capitalisations of major Vietnamese exchanges this year as the country’s mutual fund industry braces for further volatility and expansion, Cerulli Associates (CA) has reported.
Third-party administrator Mainstream BPO, which yesterday celebrated its first birthday, is looking to enter the super member administration market and may announce its first deal as early as next month.
Australia’s largest and longest-standing custody relationship, a relationship which launched the concept of master custody in Australia, has finally, belatedly, come to an end. State Street and MLC have parted ways.
Registrations for the Australian Council of Superannuation Investors (ACSI) annual conference to be held on June 15, 2007 have already exceeded last year’s record of 220.
A series of major listings, tipped to raise at least $US1 billion each, are expected to double the market capitalisations of major Vietnamese exchanges this year as the country’s mutual fund industry braces for further volatility and expansion, Cerulli Associates (CA) has reported.
Allco Finance Group will today signal its intentions to expand in institutional funds management when new managing director, David Clarke, backgrounds investors on an upcoming wholesale alternative fund.
New Zealand took a step closer to compulsory superannuation last week with a budget measure that is expected to significantly improve take-up of the country’s impending workplace savings scheme KiwiSaver.
The Parliamentary Secretary to the Treasurer, Chris Pearce, will discuss proposed amendments to the corporations act at a Melbourne seminar hosted by the Australasian Investor Relations Association on June 1.
Russell Investment Group has lost another senior business development manager, hot on the heels of James Panaretos leaving last month to head institutional sales at Mariner Financial Services.
The ING Advice manager research team lead by Margaret Callinan is being spun off into a separately-licenced company, Financial Facts, which will attempt to sell its services to non-ING dealer groups.