MLC announced yesterday it will launch a fee-for-service superannuation platform with revised administration fees — its second fee-for-service product release this year.
Australian super funds back Macquarie Group’s Japanese land-grab
Five Australian superannuation funds supplied one quarter of the $US865 million raised by Macquarie Global Property Advisors for its ongoing foray into the Japanese real estate market.
NAB looks at new outsourcing deal for unit pricing
NAB Custdodian Services is reviewing its unit pricing software system and is talking to several external providers, according to executive director John Treloar.
Xplan hunts new prey in South Africa
Xplan has identified a range of opportunities for expansion in South Africa following its takeover earlier this year of insurance software firm PlanTech, according to general manager, Andrew Walsh.
HFA to change custodian and registrar
HFA Asset Management is in final negotiations with National Custodian Services (NCS) for a fund administration and unit registry contract, replacing the incumbent combination of ANZ Custodian Services and Link Market Services.
Cash for 'tash: MOvember may raise record $100,000
MOvember, the annual charitable event which has captured the hearts, minds and faces of the financial services industry this month, finishes with shaving celebrations in Sydney and Melbourne this week.
Australian super funds back Macquarie Group's Japanese land-grab
Five Australian superannuation funds supplied one quarter of the $US865 million raised by Macquarie Global Property Advisors for its ongoing foray into the Japanese real estate market.
APRA concerned by trustees’ approach to risk
The Australian Prudential Regulation Authority (APRA) is concerned that trustees aren’t fully aware of the entire gamut of risks facing their funds.
Treasury Asia gets big global tick
Treasury Asia Asset Management (TAAM) has become the lone Asia-Pacific manager on a Luxembourg-domiciled fund-of-funds being offered by WestLB/Mellon.
Orion strikes fee-sharing deal with New York heavyweight
Orion Asset Management will market three funds in Australia on behalf of Trilogy Global Advisers, a fellow bottom-up growth manager based in New York.
Capital protection in platform first for ING
ING OneAnswer has accessed its parent bank’s balance sheet to introduce what it claims is the only capital protected product on an Australian platform.
Watson Wyatt to be Future Fund asset consultant
Watson Wyatt has been selected as the asset consultant for the Future Fund, with the contract being signed today.
