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Superannuation

GS JBWere global fund recommended by Lonsec

HAMISH MADDEN  |  MONDAY, 5 MAR 2007
Lonsec has given the Goldman Sachs JBWere Global Spectrum Fund a recommended rating on the basis of its large and established investment team and the strength of its quantitative factor models.

ABC's Lateline Business comes to Rainmaker iTV

The ABC's business and investment news program Lateline Business is now available on the Rainmaker iTV financial services slivercasting web service.

NSW Barristers Super to join legalsuper

Consolidation in the superannuation industry continues with legalsuper and the NSW Barristers' Superannuation Fund the latest funds to merge, forming an $860 million fund with more than 36,000 members.

Margin calls up but investors not down

Macquarie's margin lending arm saw margin calls more than double in the midst of the Chinese market-led freefall yet, on the whole, Macquarie said investors are using their big buffer of cash to buy more shares.

HOSTPLUS joins the Collingwood Magpies team

HAMISH MADDEN  |  FRIDAY, 2 MAR 2007
HOSTPLUS has taken another bold step in its high profile brand marketing strategy, partnering with the AFL Collingwood Magpies on a number of strategies designed to benefit both parties and HOSTPLUS members.

AGEST to hold AGM

ALEX DUNNIN  |  FRIDAY, 2 MAR 2007
Public offer industry fund AGEST will join the elite list of super funds brave enough to directly front their members in person when it holds its first member meeting in Canberra on 19 April.

JUST SUPER hits high note

NICK OLIVER  |  THURSDAY, 1 MAR 2007
JUST SUPER, the industry superannuation fund for arts, entertainment and media professionals, has announced that five leading symphony orchestras have nominated the fund as their default.

Private equity everywhere: CHAMP

HAMISH MADDEN  |  THURSDAY, 1 MAR 2007
Private equity players are now rightfully an integral part of any deal in Australia, big or small, according to Nat Childers, director of CHAMP Private Equity.

MFS broadens product range

HAMISH MADDEN  |  THURSDAY, 1 MAR 2007
Australian Stock Exchange listed investment manager MFS has launched two new funds in response to client demand, the MFS Cash Enhanced Fund and the MFS Dynamic Growth Equity Fund.

Centro to buy $6.35b US REIT

Centro Retail Trust (CER) and Centro are to acquire US-based New Plan Excel Realty Trust for $6.35 billion (US$5 billion) less than four months after the group signed another US REIT deal for Heritage for $4.35 billion.