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Superannuation

Comfortable retirement a pipedream for many Australians

AAP  |  MONDAY, 22 MAR 2004
Comfortable retirement is a pipedream for many ordinary working Australians, according to a major superannuation fund.

CBA launches sixth global mortgage securitisation

AAP  |  MONDAY, 22 MAR 2004
The Commonwealth Bank has launched its sixth global issuance of A$3.4 billion mortgaged backed securities through Medallion Trust; its Mortgage Backed Securities programme.

Labor targets audit committee chair in NAB fallout

AAP  |  MONDAY, 22 MAR 2004
The federal opposition has called for more heads to roll at National Australia Bank (NAB) as a result of its forex trading fiasco, singling out embattled board member Catherine Walter.

Babcock & Brown leans toward ASX listing

AAP  |  FRIDAY, 19 MAR 2004
Global investment bank Babcock & Brown is reportedly planning a float of its entire international operation on the Australian Stock Exchange.

HSBC launches global fund of hedge funds

HSBC Asset Management will next month launch a global fund of hedge funds aimed at institutional investors.

VFMC to launch infrastructure fund

Implemented consulting giant Victorian Funds Management Corporation (VFMC) is to launch a new infrastructure fund, which it estimates should reach $600 million of funds under management in the first 12 months.

S&P says consolidation in Listed Property sector is slowing

AAP  |  FRIDAY, 19 MAR 2004
Standard & Poor's said yesterday that the consolidation in the Australian property trust sector seen in 2003 appears now to be slowing.

AMP Capital proposes IPO of DUET, establishes joint venture with Macquarie

AAP  |  THURSDAY, 18 MAR 2004
AMP Capital Investors, the manager of the Diversified Utilities and Energy Trusts (DUET), today announced a proposed initial public offering of DUET.

Macquarie Airports gets KPMG nod for Euro fund buyout

AAP  |  THURSDAY, 18 MAR 2004
KPMG has endorsed a plan by Macquarie Airports (MAp) to swallow its European investment fund, clearing a key hurdle to stitching up the deal.

ANZ formalises Panin Bank state

AAP  |  THURSDAY, 18 MAR 2004
ANZ Banking Group has strengthened its relationship with PT Panin Bank by formalising its 29% economic interest in Indonesia's ninth largest private commercial bank.