Bloomberg -- The CEO of the company that virtually invented the listed funds investment vehicle welcomes competition as a vindication of Macquarie's model, writes William Mellor.

WHEN Allan Moss arrived at Harvard Business School to join the class of 1977, he found himself competing against some future corporate luminaries - Rick Wagoner, now chief executive of General Motors, Alan Lafley, CEO of Procter & Gamble, and Lukas Muehlemann, former chairman of Credit Suisse Group.

"Allan was very low key and unassuming, but he stood out even in a group of intellectual heavyweights," recalls former classmate...

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Posted by rjorr at March 29, 2006 6:30 PM