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Superannuation

Perpetual overhauls Select Investment international

Signalling a shift in their investment strategy, Perpetual Private Clients has moved towards a multi-manager specialist line up for the international equities component of their 'Select Investment Funds'.

ESSS call off industrial action and work bans

Emergency workers and the Victorian Finance Minister, John Lenders, have come to an "interim settlement" over a fund merger dispute that erupted last month.

HOSTPLUS grows 33 per cent

HOSTPLUS, the hospitality and tourism industry superannuation fund has recorded a 33 per cent growth in FUM, taking it from $3 billion to $4 billion for year ending August 2005.

Russell obtains RSE licence

Russell Investment Group's trustee for its SuperSolution client funds, TRM, has been granted a Registrable Superannuation Entity (RSE) Licence by the Australian Prudential Regulation Authority (APRA).

Ambassador promotes new global equities player

US based boutique global equities group Altrinsic Global Advisors (Altrinsic) is to be launched in Australia through local funds management marketing group Ambassador Funds Management Services (Ambassador).

Asia-Pacific clear leader in September: S&P

The Asia-Pacific region has come out top on the Standard & Poor's September global stock market review.

Sunsuper launches retirement seminars

Sunsuper has announced they will launch a series of educational seminars for superannuation fund members on retirement planning and strategies.

Virgin and max in super battle for Gen-X, Y and Z

Virgin Super's aspiring grip on simple but exciting super faces serious challenge from new entrant max super.

NZ Super Fund buys more sustainable assets

The New Zealand Super Fund (NZSF) continues its push into the sustainability sector after buying a 12,000 hectare forestry estate from Mirvac's New Zealand Sustainable Investments Fund (NZSIF).

Local property market lures international funds

While global property is becoming a 'must-have' strategy for local institutional investors, overseas investors with the same idea are coming to Australia to buy into the local market.