Both BNB and MBL have been establishing annuity style funds for...

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    Both BNB and MBL have been establishing annuity style funds for years

    They seek various infrastructure niches where investment has been poor .

    Transit has the disadvantage of being govt run and so BNB etc wants very little to do with it.

    A change may be on the way..a gradual privatising.

    The sydney ferries for a start....

    MBL has got into cabs.

    So far never a mention of SCards from BNB and MBL. This is about to change soon
 
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