Pretty in pink: Mothers Day Classic 2008

Last year, Mothers Day Classic walkers and runners helped the event organisers to achieve their long-standing goal of raising $3 million within a decade of bringing the annual event into being – proving that all of those early Sunday morning efforts from participants have been well worth the strain.

The 2007 turnout, numbering 50,000 nationwide, raised $800,000 to push the MDC fund-o-meter past the three-mill mark for donations to the National Breast Cancer Foundation, supporting the organisation’s research across all aspects of breast cancer, from prevention and treatment to survivorship.

The super industry is once again strongly supporting the event, with Members Equity Bank standing as major sponsor, and AIST and Marvin & Palmer Associates as gold sponsors. UniSuper will also furnish the largest tertiary education team to enter with $1,000. AIST are also recruiting members of the public into their team.

For the first time, the MDC will also be run in regional parts of Australia, with 19 towns organising their own events.

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‘Not an ATM’: Sicilia shrugs off private credit liquidity fears

The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.

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