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.
4 December 2007 00:00
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Investments
Ian Patrick, chief investment officer of the $370 billion Australian Retirement Trust, says that integrated balance sheet management will “beyond a shadow of a doubt” become a more prominent feature in the superannuation industry as funds grapple with the compounding effects of their growing size, systemic importance and the liquidity needs of servicing a larger cohort of retirees.
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