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Superannuation

Fiducian grabs an RSE license

HAMISH MADDEN  |  MONDAY, 3 APR 2006
Fiducian Portfolio Services has picked up an RSE license from the Australian Prudential Regulation Authority (APRA).

Finsuper jumps aboard the STA-ARF train

HAMISH MADDEN  |  MONDAY, 3 APR 2006
On 30 June Finsuper will merge with STA, which by then will have evolved into the massive $20 billion STA-ARF merged entity.

Perennial wins AUSfund mandate

HAMISH MADDEN  |  MONDAY, 3 APR 2006
Perennial Growth Management has been awarded an Australian equities mandate by AUSfund.

Market wrap

AAP  |  MONDAY, 3 APR 2006
The Australian share market is expected to open weaker as a softer US market, as well as weakness in commodities on Friday, suggest an early negative lead for the domestic bourse.

Babcock & Brown runs with the wind

Babcock & Brown Wind Partners (BBW) has planted its flag in the largest wind energy market in the world after it secured the rights to buy a portfolio of wind farms in Germany.

Alternatives go mainstream

Alternative investments are increasingly becoming mainstream, with 86 per cent of global institutional investors revealing plans to add hedge fund managers to their current portfolios and 67 per cent planning to hire private equity managers.

ASIC pursues Citigroup for alleged insider trading

The Australian Securities and Investments Commission (ASIC) has made serious allegations that Citigroup Global Markets Australia has engaged in substantial insider trading activity.

Qld to dominate Future Fund board of guardians

Queenslanders may only account for only 8 per cent of funds management in Australia, but they control half the seats on the Future Fund board of guardians.

DSTi wins tech mandate from Tassie's RBF

Tasmania's Retirement Benefits Fund (RBF) has launched the first stage of its new automated workflow solution, courtesy of DSTi.

UBS goes for global equity returns

UBS Wealth Management believes going global is the way forward for equity investments, and so they have launched a new diversified global equity fund.