Investing in diversified multi-manager strategies will be the best way to secure attractive risk-adjusted returns in the Australian equities market in 2010, according to Russell Investments.
In its paper, Continued innovation in Australian equity multi-manager portfolios, Russell outlined recent developments in its multi-manager approach for Australian shares.
The paper explained Russell's recently implemented strategies for enhancing active returns and reducing stock turnover and trading costs for investors.
According to Russell, its Select Holdings Fund has provided investors with an annualised return of 2.8 per cent above the benchmark over three years to October 2009.
The paper also marked a new model-driven investment strategy for Australian shares called Enhanced Insights, which is a variation of Russell's Select Holdings Fund.
Large superannuation accounts may need to find funds outside their accounts or take the extreme step of selling non-liquid assets under the proposed $3 million super tax legislation, according to new analysis from ANU.
Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the cash rate steady despite widespread expectations of a cut.
A new Roy Morgan report has found retail super funds had the largest increase in customer satisfaction in the last year, but its record-high rating still lags other super categories.
In a sharp rebuke to market expectations, the Reserve Bank held the cash rate steady at 3.85 per cent on Tuesday, defying near-unanimous forecasts of a cut and signalling a more cautious approach to further easing.