HSBC Securities Services has lost a senior manager of investment manager relations, whose primary responsibility was the bedrock BT/Westpac relationship.
Danny Chidiac came to HSBC SS with its Westpac acquisition in 2006, but will shortly move to a senior product role at Russell Investment Group, reporting to head of product Shannon Vetto. HSBC SS head of client services, John Butler, said a replacement for Chidiac would be announced shortly.
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Investments
The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.






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