Ratings agencies prompt fund to launch pension

A review by external ratings agencies has prompted a Melbourne-based fund to launch an allocated pension as part of a member retention strategy at retirement, while its new insurance arrangements have seen group insurance cover rise by 67 per cent.

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Australian ‘fundamental’ index introduced

Fundamental indexing has received a fillip with the launch of a FTSE index that weights 200 Australian stocks according to the Research Affiliates methodology, which ignores price to focus on ‘fundamental’ factors such as book value, revenue and cash flow.

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Australian 'fundamental' index introduced

Fundamental indexing has received a fillip with the launch of a FTSE index that weights 200 Australian stocks according to the Research Affiliates methodology, which ignores price to focus on ‘fundamental’ factors such as book value, revenue and cash flow.

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…as fund targets risk first, then return

Sharon HicksGESB has split its non-core assets into three new risk buckets as it adopts a more risk-aware approach to its investments, and has invested in private equity secondaries through its private markets program.

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Senior Macquarie Funds Management figure jumps ship

A senior figure in Bruce Murphy’s distribution team at Macquarie Funds Management has jumped ship, joining a global asset manager that will shortly launch a new suite of retail funds.

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