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Macquarie Bank cuts commitment to MEAP fund

AAP | THURSDAY, 18 DEC 2003

... investment in its Canadian infrastructure fund, as the fund secured another $C100 million from the Canada Pension Plan Investment Board. Macquarie Bank said it reduced its commitment to Macquarie Essential Assets Partnership (MEAP) from $C50 million ...

Midday Market wrap: $A weaker at noon, bonds firmer

AAP | WEDNESDAY, 17 DEC 2003

... released," Mr Koukoulas said. Macquarie Bank currency strategist Jo Masters said the US dollar had weakened right across the board last night, which resulted in the euro, Swiss franc, sterling, New Zealand dollar also reaching fresh highs.

Morning Market Wrap: $A rises to fresh six-year high overnight

... time the euro reached its latest record high of $1.2363 against the US currency. "The US dollar was weaker right across the board last night, so the euro, Swiss franc, sterling, Aussie, kiwi all reached fresh highs overnight," Macquarie Bank currency ...

Actuary urges policies to deal with inter-generational pressures

Echoing recent comments from high-ranking government officials, the newly elected president of the Institute of Actuaries of Australia, Graham Rogers, has warned Australia faces significant inter-generational issues that will lead to pressures on retirement ...

Treasurer announces two appointments to Productivity Commission

The Treasurer, the Hon. Peter Costello, has announced that Robert Fitzgerald AM and Philip Weickhardt have been appointed to the Productivity Commission. Robert Fitzgerald has been appointed for a five-year term, beginning 27 January 2004. He brings ...

Morning Market Wrap: US dollar strong following Hussein capture

... "(Today's fall is) essentially on the news of the capture of Saddam Hussein - we have seen the US dollar stronger across the board," Macquarie Bank currency strategist Jo Masters said. Officials said US forces seized Hussein as he huddled in a camouflaged ...

FPA chief speaks out on restructure

... delivering services to and on behalf of members. "The restructure is aimed at improving member services," Ms Kelly said. "The FPA Board made it clear to me that members expected better services than they were currently receiving, and put member satisfaction ...

Telstra Super moves further into alternative assets

... number of factors were taken into consideration when making our recommendation to Telstra Super's investment committee and board including specific expertise, track record, size, fee structure and fit with Telstra Super's investment principles," according ...

Christmas spirit replaced by outrage as FPA cut 22 staff

... policy and regulation, education and IT. These staff cuts have occurred despite the FPA taking on five new members to its Board of Directors only last week. FPA chairman Steve Helmich had foreshadowed the changes at the time of Ms Kelly's appointment. ...

NRMA welcomes ASIC enquiry into AGM complaints

... had directed them to vote in favour of the new constitution. "Most of these 18 proxy holders were candidates in the half-Board election, which was voided by the Constitution," an NRMA spokesman said today. "The company is pleased that ASIC will investigate ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA | 12:22PM

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI | 12:16PM

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI | 11:35AM

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI | 11:31AM

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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