Host Plus staffer wins FEAL scholarship

A staffer at industry fund Host Plus has secured a scholarship to undertake the first two modules of the Fund Executives Association (FEAL)/ Melbourne Business School Executive Education Program, which was created specifically for senior staff at funds.

Umberto Mecchi, executive manager of strategy and marketing at Host Plus, was chosen among 14 applicants for the scholarship. It will see him study modules ‘Foundations in Finance for Fund Executives’, taught by Jennifer George, the School’s Associate Dean of Academic Programs, and Sam Wylie; and ‘Building Brands’, taught by Associate Professor – Branding, Mark Ritson. The scholarship selection panel included the School’s George, Howard Rosario (FEAL Chairman), Guy McAliece (KPMG) and Dean Winterton from scholarship sponsors, AMP Capital Investors. Places are still available for the program which commences 13 April 2008. For more information visit www.feal.asn.au.

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Suspensions and redemption queues ‘speed bumps’ on private credit road: Blue Owl

Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.

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