Actuaries call for longevity risk focus – including new generation annuities – in Federal Budget

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The Institute of Actuaries of Australia (the Institute) has today urged the Government to prioritise longevity risk policies, including development of a new generation variable annuities market, to meet the challenges of Australia’s ageing population. In its Federal Budget submission, the Institute’s approach recognises that superannuation will likely provide an inadequate retirement income, due to […]

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Investor Signposts: Week Beginning February 20 2011

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The big picture One of the biggest issues at present is the conservatism of Aussie consumers. Australians are saving again, rather than spending. And rather than buying goods on credit we are paying for goods with our own money – cash or EFTPOS. The changes in the behaviour of Australian consumers actually started back in […]

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J.P. Morgan Collateral Management offers automated use of gold

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First tri-party agent to accept gold J.P. Morgan today announced it is the only tri-party collateral manager to accept physical gold as collateral to satisfy securities lending and repo obligations with counterparties. This comes as more clients look to use gold as a hedge against inflation and to post as collateral.  “The ability to finance […]

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ETF usage to surge to $6bn in AUM in 2011, Russell says

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Three new issuers and 15 new ETFs could come to market Exchange mergers could be game changers for local ETF market The Australian Exchange Traded Fund (ETF) market is expected to grow to more than A$6bn in assets under management (AUM) in 2011 Russell Investments said in an analysis of ETF market trends released today. […]

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Economic Update: December Quarter 2010

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While the Australian share market tended to lag overseas markets during the year, the stronger Australian Dollar (which exceeded parity with the US Dollar for the first time since 1982) did detract significantly from unhedged global equity returns. After a disappointing start to 2010, diversified fund investors enjoyed solid returns during the second half of […]

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Threadneedle appoints two fund managers to Global Emerging Markets and Fixed Income teams

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Threadneedle, a leading international asset manager, has announced the appointment of two fund managers to join its Global Emerging Markets Equities and Fixed Income teams. Irina Miklavchich has been named Fund Manager, Global Emerging Markets Equities.  Ms Miklavchich will join the Asia (ex Japan) and Global Emerging Markets Equities team of seven headed by Vanessa […]

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Growth assets should deliver returns in 2011, Russell global outlook says

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Global assets neither expensive nor cheap Equities favoured but international preferred over domestic Riskier asset classes such as equities and property are expected to present the best value this year according to the Russell Investments 2011 annual global outlook released today. “Eighteen months into economic recovery, we are at an interesting point in the cycle […]

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The Principal Real Estate Investors 2011 Outlook

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“Fishermen know that the sea is dangerous and the storm terrible, but they have never found these dangers sufficient reason for remaining ashore.” – Vincent Van Gogh Sailors and investors have come to fear extremes; both violent storms and utter calms can be deadly. A storm at sea can sink even the finest ship, or […]

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SPAA welcomes rejection of additional investment restrictions for SMSFs

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SPAA is pleased SMSFs retain freedom to invest with no changes to in-house asset rules and welcomes consideration of a restricted licence to replace the accountants’ exemption. The Self-Managed Super Fund Professionals’ Association of Australia (SPAA) has today welcomed the Federal Government’s response to the Cooper Review recommendations on the $409 billion self-managed superannuation sector […]

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Wealth rebounds; Aussie companies cashed up

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Financial accounts; Imports Australian companies are maintaining very liquid balance sheets. Corporate Australia held a record $271.4 billion in cash and deposits as at September. As a proportion of total financial assets, companies held 30.7 per cent of financial assets in cash – the highest in 11 years Super fund holdings of cash assets rose […]

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