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
Political Series: Senator the Hon. Penny Wong
Foreign minister urges investment in Asia-Pacific, renewables
Australian institutional investors should deploy more capital in the Asia-Pacific region, embrace the national interest issue of renewable energy, and take US president-elect Donald Trump at his word, Minister for Foreign Affairs Penny Wong has told a Conexus Financial Political Series event.
Aleks VickovichNovember 28, 2024
