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Superannuation

New indexed option for Statewide

South Australian based industry fund Statewide has introduced a new investment option called Statewide Indexed.

Intech wins BOC Gas Super mandate

The BOC Gases Superannuation Fund has appointed Intech as their implemented consultant in a mandate worth $465 million.

STA Corporate wins $200 million

Superannuation Trust of Australia (STA) has signed up another $200 million of funds under management to its corporate platform taking its total wins in the past twelve months to $600 million.

Catholic super trials partnership with Money Solutions

Industry fund Catholic Superannuation Fund (CSF) is conducting a four-month trial partnership with financial planning services provider Money Solutions to complement the financial advice solutions they already offer to members.

Babcock & Brown buy up ESH

Global investment and advisory firm, Babcock & Brown has increased its holding in European utilities company, East Surrey Holdings (ESH), to 10.5 per cent up from its previous 2 per cent level.

State Street launches global alpha strategy

State Street Global Advisors, the investment management arm of State Street Corporation, has launched a new Global Alpha Plus Strategy aimed at seeking active returns in global equities.

Tasplan poised to reach $1 billion

Tasmanian-based industry superannuation fund Tasplan has boosted its membership to 100,000 and is poised to reach the $1 billion funds under management (FUM) mark within eighteen months.

Macquarie strengthens foothold in Asia REITs sector

Macquarie Bank has strengthened its foothold in the Asia Pacific property market after exercising a call option in a Singapore-based real estate investment trust (REIT).

Mellon and WestAM strike global distribution deal

Mellon Financial Corporation and WestLB AG, known locally as WestAM, have agreed in-principle to establish a global jointly-owned asset management business to work in concert with their current businesses.

MFS assets tops $3 billion

McLaughlins Financial Services Limited (MFSL) is the new Responsible Entity (RE) for the PH Sydney Hotel Trust and the Challenger Howard Property Trust, boosting MFS' assets under management to more than $3 billion.