Futures and Commodity Market News |
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Sun Nov 22, 2009 |
Breaking financial news 24/7 courtesy of TradingCharts.com Inc. / TFC Commodity Charts |
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Nov 08, 2009 (The West Australian - ABIX via COMTEX) -- The latest data on Australian superannuation funds compiled by Rainmaker shows a recovery for the sector, with the first actual returns since mid-2008. For the 12-month period to September 2009 however the average return is still negative at 0.8%. The larger focus on direct property investment by industry super funds mean they are still performing less well. There are fears the stock market may be rebounding too quickly. Publication Date: 9 November 2009 RAINMAKER INFORMATION SERVICES PTY LTD STANDARD AND POOR'S ASX 200 INDEX FTSE 100 INDEX DOW JONES INDUSTRIAL AVERAGE INDEX PROGRESSIVE SUPERANNUATION FUND TELSTRA SUPERANNUATION SCHEME TASPLAN LIMITED AXA ASIA PACIFIC HOLDINGS LIMITED - ASX AXA AXA AUSTRALIA STAFF SUPERANNUATION PTY LTD INVESTMENT AND FINANCIAL SERVICES ASSOCIATION LIMITED |
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By Eric Johnston Copyright 2009 LexisNexis Australia. All Rights Reserved. Please read the End User Agreement. News provided by COMTEX |
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