AUSTRALIA - The A$36.1bn ($38.6bn)Victorian Funds Management Corporation (VFMC) has reported overall of 3.63% Q1 and an annual return of 8.43%.
UK/AUSTRALIA - The Responsible Investment Association Australasia (RIAA) is to meet with UK fund managers today to discuss how they can meet the growing demand for responsible investment strategies from superannuation funds.
Rachel Alembakis looks at how Australian schemes are reducing the impact of taxation on investment returns.
AUSTRALIA - Australia's biggest Super funds have returned an average of just 4.5% a year over the past decade as a result of the global credit crisis, figures reveal.
AUSTRALIA/CANADA - The Canada Pension Plan Investment Board (CPPIB) has bid A$3.5bn (US$3.1bn) for Macquarie-backed Australian toll road operator Intoll Group.
AUSTRALIA - An independent and sweeping review into Australia's trillion dollar superannuation system has called for the creation of a new industry-wide default option and puts greater emphasis on governance for superannuation trustees.
AUSTRALIA - The preliminary results of the Australian government sponsored Cooper review of the country's pension system has suggested superannuation funds should offer a new low-cost product called MySuper.
AUSTRALIA - Compulsory government annuities envisaged by the interim report of the Henry review could be harmful to the ageing population, the Investment and Financial Services Association (IFSA) warned.
US/ASIA - The sale of American International Group's (AIG) asset management and investment advisory group division, PineBridge Investments, to private equity firm Pacific Century Group (PCG) has been completed.
AUSTRALIA/CANADA - Australian pension reserve fund Future Fund has terminated discussions with the Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers' Pension Plan (OTPP) regarding their proposal to acquire Transurban Group.
AUSTRALASIA - The median Australian superannuation growth fund was up 20.4% in the year ending February while the New Zealand Superannuation fund was up 17.4% from the start of its fiscal year in July.
NEW ZEALAND - Legislation allowing new Zealanders working in Australia to move their retirement savings back to their home country will be introduced into Parliament in the next two weeks, said minister of finance Bill English.
AUSTRALIA - Three Australian pension funds have funnelled a combined A$66m (US$60.6m) into the global bond fund managed by Pengana Capital.
GLOBAL - Corporate pension schemes are lagging behind other categories of asset owners in signing up to the United Nations Principles of Responsible Investment, a consultant claimed.
AUSTRALIA - AMP Capital Investors voted on 473 resolutions in the first half of this year, the asset manager said in its biannual corporate governance report.
Lynn Strongin-Dodds explores what the future holds for real estate investment trusts (REITs) in light of the current economic crisis
NEW ZEALAND - The Australian and New Zealand governments have agreed to allow retirement savings to be repatriated between the two countries, the New Zealand government has announced.
AUSTRALASIA - Russell Investment Group's merger of its institutional and retail advisory units in Australia and New Zealand is motivated by a convergence in both spheres and signals a more "holistic" approach to servicing clients, according to Chris Corneil,...
AUSTRALASIA - Russell Investment Group has made two senior appointments to its Asia Pacific investment team.
AUSTRALIA/NEW ZEALAND - Russell Investment Group has merged its institutional and retail businesses, as investors increasingly demand services that cross the retail/institutional divide.
AUSTRALIA/NEW ZEALAND - Australia's superannuation system has helped raise workers' expectations for retirement above those of their Kiwi counterparts, a study from Mercer has found.
AUSTRALASIA - Mercer has brought its Australian, New Zealand and Asian businesses under one umbrella, combining its capabilities in the areas of retirement and benefits outsourcing.
AUSTRALIA - The Queensland Investment Corporation (QIC) has appointed Bill Prendergast to the new position of Global Fixed Interest (GFI) beta manager, bringing the company's investment team to 21.