BGI taps competitor for ‘new Genocchio’

Barclays Global Investors has replaced its former head of sales – consultant and research house relations, Charles Genocchio, who left earlier this year to re-establish HSBC Asset Management in the Australian marketplace.

It is understood that Mark Oliver, who since May 2006 has been a director of channel management and direct sales at Credit Suisse Asset Management (Australia), has taken the role. Prior to his stint at CSAM, Oliver was a client relations manager for State Street Global Advisors, and before that worked in a similar capacity for several Scottish-based managers including Martin Currie.

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Mercer Super expands into frontier market debt, builds out PE program

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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