Spicer's Quarterly Strategy Summary paper looks at global investment themes, the outlook for individual sectors and our overall assessment of markets.
The full version of the paper was written by Arcus.

The latest Mercer survey shows the December quarter was the worst on record for more than a decade.

The Reserve Bank today left the Official Cash Rate unchanged at 5.75%.

The National Bank says the Reserve Bank's OCR review (9am tomorrow morning) isn't about the interest rate decision.

The Guardians of the New Zealand Superannuation Board is on-track to make its chief executive appointment in the first quarter of 2003.

Superannuation is " the big issue, for this government this term" says Auckland-based actuary Jonathan Eriksen, who is just back from advising the Russian government on its pension scheme.

After another tough six months in equity markets, most diversified superannuation funds ended 2002 with a fall in value. Shane Oliver, Chief Economist and Head of Investment Strategy – Asia Pacific for AMP Henderson Global Investors puts 2002 in context.

AMP Henderson reckons property and private equity are the places to be this year.

Royal & SunAlliance Asia Pacific, which is currently in the process of preparing itself for an IPO, is likely to have a value of around A$2.1 billion.