S&P releases Alternative Strategies – Equity Sector report

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Standard & Poor’s Fund Services has released its ratings on the Alternative Strategies Equity sector, which contains three peer groups—Beta Variable, Market Exposure, and Market Neutral. We rated 38 offerings this year, upgrading three, downgrading one, affirming our ratings on 29 funds, and assigning five new ratings. Four funds retained their five-star ratings at this... Read more continue reading

S&P announces international equity research service in Australia

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Standard & Poor’s has announced that it is launching International Equities Research services for the Australian market on 1 September 2011. S&P International Equity Research provides independent equity investment perspectives, with both qualitative and quantitative research on selected global equities. The research incorporates a broad array of proprietary S&P data on valuation, risk, and cross-asset... Read more continue reading

Lonsec releases 2011 Infrastructure Securities Funds Sector Review

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Lonsec’s 2011 review of the Infrastructure Securities Funds sector covered eight funds – six global funds, one Australian fund and one hybrid infrastructure fund. Just one fund – the Macquarie International Infrastructure Securities Fund – was awarded Lonsec’s highest rating, Highly Recommended. Andrew Coutts, Investment Analyst responsible for this sector commented, “This is a small... Read more continue reading

Listed infrastructure sector sees positive inflows – S&P

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The listed infrastructure universe continues to grow and was estimated at more than US$2.4 trillion as at Dec. 31, 2010, according to Standard & Poor’s Fund Services’ Listed Infrastructure Sector Report published today. Over the past year, strong performance has been rewarded by positive flows despite investors being generally nervous to re-enter other listed markets.... Read more continue reading

S&P fund upgrades in Australian Equities concentrated sector

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S&P releases International Property – Listed Sector Review

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Standard & Poor’s Fund Services released its ratings on 21 funds in the International Property – Listed sector review. Most ratings have remained stable, with 15 affirmations, but we also downgraded three funds and upgraded two. One fund managed by Advance remains ‘On Hold’. In this review, we noted that performance of funds in this... Read more continue reading

S&P cautious on listed infrastructure

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Standard & Poor’s Fund Services today released its ratings on its Listed Infrastructure sector, affirming ratings on nine funds, upgrading one, assigning two new ratings, and withdrawing its rating on one fund. There is one new manager, Magellan, which was rated in 2008 but withdrew in 2009. Magellan offers a relatively concentrated global infrastructure product, which... Read more continue reading

S&P downgrades Perpetual Wholesale Concentrated Equity Fund

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Standard & Poor’s Fund Services has removed from ‘On Hold’ and lowered to four stars from five stars its rating on the Perpetual Wholesale Concentrated Equity fund (CEF). We placed the fund ‘On Hold’ following Perpetual’s announcement that portfolio manager and head of equities, John Sevior, planned to take a six-month leave of absence from the... Read more continue reading

Fidelity The Only Five-Star Manager In S&P’s Australian Equities Large-Cap Growth/GARP Peer Group

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Standard & Poor’s Fund Services today released its Growth/GARP (growth at a reasonable price) peer group as part of its Australian-Equities Large-Cap sector review. Fidelity was the only manager to retain its five-star rating, with the Ausbil Australian Active Equity Fund and Perennial Growth Shares Wholesale Trust both downgraded to four stars. We removed the... Read more continue reading