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Superannuation

Super funds should dangle a line in the seafood industry

AAP  |  THURSDAY, 30 OCT 2003
Australian superannuation funds should invest their holdings in the seafood industry, an industry chief said today.

Strong dollar a concern: MIG

AAP  |  THURSDAY, 30 OCT 2003
Macquarie Infrastructure Group (MIG) has warned its balance sheet could be hit by a rapidly rising Australian dollar.

AMP Henderson Global to launch $450 million CMBS issue

AAP  |  THURSDAY, 30 OCT 2003
AMP Henderson Global Investors said it intends to launch an issue of $450 million of commercial mortgage backed securities (CMBS) maturing 14 November 2008.

September retail sales may fall: economists

AAP  |  THURSDAY, 30 OCT 2003
Australian retail sales may have fallen slightly in September although this was some consolidation after three months of strength, according to economists.

Fight on for slice of ANZ rights issue underwriting

AAP  |  WEDNESDAY, 29 OCT 2003
Financial institutions are jostling for the right to sub-underwrite ANZ Banking Group Ltd's $3.6 billion rights issue which will pay for the acquisition of the National Bank of New Zealand (NBNZ).

Low income earners can boost retirement nest eggs: super funds

AAP  |  WEDNESDAY, 29 OCT 2003
Lower income earners could retire with up to 70 per cent more in their pension funds if they took advantage of new superannuation rules, super funds said yesterday.

Super funds offering more additional services: new report

Industry funds are leading master trusts in the race to offer additional benefits and services, according to a new report by research group Selecting Super.

Westpac appoints New Zealand director

Westpac Banking Corporation chairman Leon Davis has announced the appointment of Peter Wilson to the company's board of directors.

Opis Capital receives 'approved' rating from Zenith

Melbourne-based boutique fund Opis Capital has been given an 'approved' rating from Zenith Investment Partners.

BNP Paribas wins AMPOPF mandate

BNP Paribas Securities Services has been appointed as Master Custodial Services' provider to the AMP Officers Provident Fund (AMPOPF) and its members.