The last four quarters amount to the worst rolling 12-month performances from superannuation funds since the inception of compulsory super, according to research from SuperRatings.
The popular 130:30 and other long/short strategy managers have been doing it tough, particularly in Australia with its extended shorting ban, but at least one has been able to minimise the repercussions through pre-ban shorting of the major indices. van Eyk appoints former Russell exec to board
Van Eyk Research has expanded its board of directors from three to four with the appointment of a prominent former business head from the Russell Investment Group. Super funds see red for the past year, and more lies ahead
The last four quarters amount to the worst rolling 12-month performances from superannuation funds since the inception of compulsory super, according to research from SuperRatings.
Australian Unity reveals extent of guarantee damage
Investors in Australian Unity Investments’ two mortgage funds withdrew $150 million in the week after the Government’s October 13 announcement of a bank deposit guarantee, before the mutual froze redemptions for a month last Wednesday and joined industry calls for ‘deposit-like’ products to be included in the guarantee.
Australian Unity reveals extent of guarantee damage
Investors in Australian Unity Investments’ two mortgage funds withdrew $150 million in the week after the Government’s October 13 announcement of a bank deposit guarantee, before the mutual froze redemptions for a month last Wednesday and joined industry calls for ‘deposit-like’ products to be included in the guarantee.
Private equity returns holding up: State Street index
Private equity returns are holding up, despite their second consecutive quarter in the red, with non-US funds faring better than their American counterparts.
Private equity returns holding up: State Street index
Private equity returns are holding up, despite their second consecutive quarter in the red, with non-US funds faring better than their American counterparts.
Future Fund chair to flesh out infrastructure plan
Fresh from confirmation that the Future Fund intends to invest 30 per cent of its massive capital in ‘tangible assets’, chairman David Murray will speak in Sydney and Melbourne on the importance of domestic investment to bridge the infrastructure gap.
Future Fund chair to flesh out infrastructure plan
Fresh from confirmation that the Future Fund intends to invest 30 per cent of its massive capital in ‘tangible assets’, chairman David Murray will speak in Sydney and Melbourne on the importance of domestic investment to bridge the infrastructure gap.
Future Fund unveils seven new managers…
The $64 billion Future Fund released its 2007/08 annual report yesterday, revealing the names of seven new managers it has appointed over the past year.
