UBS

Unintentional

Numbers moving to SMSF stalls

David Atkin, chief executive of Cbus has declared the growth in members of industry funds leaving for self-managed super funds at an end. The announcement comes the same day the scheme launches a member direct platform to cater for large account holders who want to manage their own investments. “Members moving to SMSF is an […]
Investment Strategy

Advisers gain access to direct investment options

Industry superannuation fund members have gained the ability to appoint a financial adviser to manage their superannuation and invest on their behalf, using the UBS Direct to Member platform. In a move that sees the industry and corporate super funds more closely replicate the benefits and features of a self-managed superannuation fund, members can appoint […]
Hedge Funds

Direct investment option at AustralianSuper

AustralianSuper has declared bullish growth projections for its direct investment option (DIO) from 12,500 to 50,000 members as its retirement membership grows. The platform, which gives members the freedom of a self-managed super fund in an insured setting, currently manages $700 million for 12,500 members, who hold a further $900 million with the main fund. […]
Investment Strategy

Future bright for fixed-income professionals

Stuart Dear is at a famed Sydney restaurant trying not to appear too happy. The Aberdeen Asset Management portfolio manager is part of team that manages $14.5 billion in Australian bonds and is ranked number one by Morningstar. Aberdeen’s current 11-person team has over 10 years delivered a 7.2-per-cent annual gross return, according to Morningstar’s […]
Investment Strategy

Simon Shields to leave UBS job, start hedge fund

Simon Shields, the head of Australian equities at UBS Global Asset Management, will leave the company to set up a hedge fund with his colleague Shane Fitzgerald. “Shane and I are going to set up a fund in April,” says Shields. A Standard & Poor’s report says the new fund will have “a total return […]
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