AUSTRALIA - Superannuation assets increased by 24.4% over the 12 months to September 2007, reaching AUS$1.2trn (US$1.05trn), according to the latest figures released by the Australian Prudential Regulation Authority (APRA).
In terms of asset allocation, a third (31.2%) of superannuation assets were invested in wholesale trusts, just over a fifth each was invested in life office funds (21.2%) and individually managed m...
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