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Superannuation

Macquarie Securitisation passes $20 billion insurance milestone

Macquarie Securitisation announced today that its PUMA Masterfund P-9 Series A domestic bond issue - launched on October 15 - has been priced, lifting total funds raised through the program to $20 billion.

New Appointment at Bernstein

Bernstein Investment Research and Management (Bernstein), the subsidiary of Alliance Capital Management Australia and manager of the AXA Australian equity funds, has announced the appointment of a third equities analyst.

Acumen Super reports $140 FUM after first 12 months

Acumen Super, a division of REST Superannuation, has announced it has grown to over $140 million in funds under management since its launch just over 12 months ago.

New CEO at Print Super

The $800 million Printing Industry Superannuation Fund (Print Super) has announced the appointment of Ross Martin to the position of chief executive officer.

Industry groups call for active management interest in imminent IASB standards

The Australian Securities and Investments Commission (ASIC) and the Financial Reporting Council (FRC) have called on all company boards and management to take an active interest in preparing for the adoption of the International Accounting Standards ...

ACCC denies NAB proposal to takeover AMP

The Australian Competition and Consumer Commission has emphatically denied reports that it has been approached by National Australia Bank (NAB) to take over troubled financial services group AMP Limited.

Industry fund signs directed brokerage agreement

The controversial practice of directed brokerage continues to make inroads in Australia, with industry fund Unisuper announcing it has entered into a commission recapture program with the Frank Russell group.

IWL appoints new head of equities market solutions

Following recent presentations regarding IWL's imminent entry into the Equities Market Solutions marketplace, IWL has appointed Debbie Dixon Child as general manager - equities market solutions.

Australian SRI efforts rewarded by UN

BT Financial Group (BT) and the Public Sector and Commonwealth Super Schemes (PSS/CSS) have jointly received a award recognising their activities in the field of sustainability and socially responsible investment.

Sealcorp chief quits

AAP  |  WEDNESDAY, 22 OCT 2003
St George Bank Ltd's top funds management executive, Ian Knox, has quit, continuing a reorganisation sweeping the top line of the funds management industry.