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Superannuation

TOWER is NZ FundSource manager of the year

TOWER Investments in New Zealand (NZ) has been named fund manager of the year by NZ research group FundSource.

Compliance in FSR advertising going to be difficult: Minter Ellison

At the Law and Finance conference yesterday, lawyer and Minter Ellison Partner, Stephen Etkind, warned that fund managers and institutional investors would have to be on their toes with their advertising standards.

Macquarie new property trust enters market

Macquarie's foundation investors have given overwhelming approval to its new Director Property fund with a 93 per cent show of support across all its syndicates.

Zurich sends team to help US hurricane victims

Zurich Financial Services Australia is sending a local team across the Atlantic to help deal with claims related to Hurricanes Katrina and Rita.

New absolute return bond fund for Julius Baer

Global fixed interest manager is breaking from tradition and is launching a global absolute return fund.

Quadrant first Tasmanian RSE

Quadrant has become the first Tasmanian-based superannution fund to be issued a Registrable Superannuation Entity (RSE) licence from the Australian Prudential Regulation Authority (APRA).

Mariner sees value in US properties

Listed property trust Mariner American Property Income Trust (MAPIT) is to buy two US properties with a combined worth of around $160 million.

Public liability insurance more affordable: ICA

The cost of public liability insurance fell in 2004 compared to the previous year thanks to new laws governing public liability.

WA Government Super appoints Mercer

Western Australia's Government Employees Superannuation Board (GESB) has appointed Mercer Investment Consulting as its investment advisor over its $5.5 billion portfolio.

Growth-Style Equities strong third quarter: Morningstar

Australian equities' performance is still buoyant for this financial year, according to Morningstar's league tables of major wholesale fund categories.