Russell Investment Group is seeking its first Australasian portfolio manager for ‘short term investments’, to handle a spike in clients’ need for cashflow management.
Following strong domestic growth in derivatives usage, due to activities such as securities lending, Russell has decided to expand its implementation team in order to manage the increase in collateral cash-flows. John Moore, director of Russell implementation services Australasia, said that the implementation business had grown at close to 100 per cent per annum since inception two-and-a-half years ago. This hire will bring the team to six members. Russell is still canvassing for potential candidates
13/05/2008
expand, moore, australasia, handle, spike, russell, canvassing, candidates, implementation, flows, grown, annum
Investments
Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.
Leave a Comment
You must be logged in to post a comment.