The Australian Prudential Regulation Authority (APRA) has found that the risk management practices of certain superannuation funds have strayed from their stated policies.
M&A and resources booms lead re-rated equities market
Record corporate returns, high merger and acquisition (M&A) activity and large retail investment inflows have precipitated a re-rating driven Australian equities market, according to BT Head of Australian Equities, Crispin Murray.
Peacock to chair UniSuper investment committee
Merv Peacock, the former chief investment officer at AMP Capital Investors, will become the new chair of the investment committee of UniSuper, following the appointment of two new independent directors to the fund’s board.
COIN to play host in boutique planning battleground
The Macquarie Bank-owned front-end software provider COIN is testing a new version of its system designed to attract boutique financial planning businesses.
Financial Synergy develops new compliance modules
Financial Synergy is looking at developing a number of compliance modules that can be sold separately to its superannuation administration system Acurity and will assist users with processes such as the new anti-money laundering (AML) requirements.
Asset allocation tool provides guide to investor profiles
MLC subsidiary Plum Financial Services has built an asset allocation tool to help educate members about the investor characteristics associated with specific asset classes.
… as NZ Super's links operations with corporate services
The New Zealand Superannuation Fund has appointed a chief operating officer, effectively joining up the previously separate investment operations and corporate services divisions.
S&P moves to bulk ratings for fixed interest managers
Standard & Poor’s has reviewed 30 Australian-based fixed interest managers and, for the first time, given them simultaneous ratings.
M&A and resources booms lead re-rated equities market
Record corporate returns, high merger and acquisition (M&A) activity and large retail investment inflows have precipitated a re-rating driven Australian equities market, according to BT Head of Australian Equities, Crispin Murray.
Ten things you need to know about your super fund
The three leading super funds research and ratings firms will present a jointly prepared 10-point checklist of how they assess funds at the next Fund Executives Association Ltd luncheon series.
MFS signals hedge fund expansion with Keary hire
MFS Financial Services has appointed Richard Keary, the well-known alternatives manager, to the new position of chief investment officer of its MFS Alternative Investments subsidiary.
AXA Rosenberg clients shift from long-only to long/short
AXA Rosenberg, the US-based quant equity manager which has about $A5 billion sourced from Australian investors, is in the process of converting several mandates from long-only to its 130:30 long/short strategy.
