ipac is piloting financial advice models for clients requiring aged care services in hospitals, nursing homes or personal residences.
Mercer IC wins swag of new business
Mercer Investment Consulting has won a number of new contracts from various investment bodies.
AIST/MetLife symposium to examine underinsurance gap
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.
Vietnam prepares for turbulent growth as China’s insurance titans take on local fundies: Cerulli
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.
Mainstream BPO looks at super admin as it celebrates its birthday
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.
After 21 years, State Street and MLC part ways – NAB finally has a laugh
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.
Adveq’s first investment in Australian private equity fund
Adveq, the big Swiss private equity fund of funds manager, has made its first investment in an Australian private equity fund.
Super fund ratings – what the researchers really think
The three main fund ratings agencies have combined to produce a checklist for funds which also shows how each agency differs in the way it weights the various components of a fund’s overall performance.
BHP Billiton’s Ian Wood keynote at ACSI conference
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.
Zurich looks for more global alliances
Zurich Financial Services has revamped its Australian equities line-up for its diversified funds and is close to signing up two global managers in exclusive arrangements for its sector funds.
Kapstream hires up, wins $130m more
Kapstream Capital, the fixed income boutique established by Kumar Palghat with support from Challenger Financial Services, will begin investing $100 million seed money on Friday and has won two commitments for a further $130 million.
Paul Fiani to return, with Integrity
The former head of Australian equities at UBS Global Asset Management, Paul Fiani, has registered Integrity Investment Management as the name for a boutique he hopes to launch in the next two months, which his UBS deputy Shawn Burns will also join.
