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Superannuation

ING buys Citistreet for $960m

MICHAEL HOBBS  |  MONDAY, 5 MAY 2008
ING Group has acquired admin services giant Citistreet, owned by Citi and State Street, for a whopping $960 million in cash.

AXA Rosenberg unveils super long/short

RUTH LIEW  |  MONDAY, 5 MAY 2008
AXA Rosenberg Investment Management has launched a long/short strategy that it claims suits super funds to a tee.

130/30 demand drops

RUTH LIEW  |  FRIDAY, 2 MAY 2008
US investor interest in 130/30 equity strategies have noticeably waned in the six month period by the end of March - a reversal of a trend that pervaded for the most part of the last two years.

Same sex super overdue: AIST

RUTH LIEW  |  FRIDAY, 2 MAY 2008
The Australian Institute of Superannuation Trustees (AIST) has thrown its support behind the Federal Government's proposal to eliminate same-sex discrimination in superannuation law.

BNY Mellon to double corp trust share

The Australian subsidiary of Bank of New York Mellon plans to increase its market share in providing corporate trust-related services from around 35 per cent to up to 70 per cent, following its recent acquisition of the remaining 50 per cent stake of ...

Telstra Super eyes distressed debt

MICHAEL HOBBS  |  WEDNESDAY, 30 APR 2008
Telstra Super has committed more funds in distressed debt strategies in the past six months, echoing industry sentiment that the time may be ripe to look at assets hit by sub-prime.

No standards, no deal

ALEX DUNNIN  |  WEDNESDAY, 30 APR 2008
Eight out of ten UK pension funds said they would favour a hedge fund manager who has complied with the Hedge Fund Best Practice Standards, according to a KPMG survey.

Multiport buys Super Outsource

RUTH LIEW  |  MONDAY, 28 APR 2008
Managed accounts and portfolio administration provider Multiport has snapped up SMSF business, Super Outsource.

Short selling shouldn't be sold short

ALEX DUNNIN  |  THURSDAY, 24 APR 2008
The overreaction against short selling and securities lending need to calm down, said Greenwich Alternative Investments.

Sovereigns in a league of their own

Assets in sovereign wealth funds are set to grow to more than $18.4 trillion in 10 years, according to Morgan Stanley data, with Australia's Future Fund making the top ten list by fund size.