Investment Strategy

2013 ACSA Award winners announced

The winners of the 2013 Australian Custodial Services Association (ACSA) Awards were announced at last week’s 2013 Investment Administration Conference, a Conexus Financial event in association with ACSA. At the conference’s gala dinner, ACSA recognised achievements within the custody and investment administration industry. Emad Hanna, technical training manager at BNP Paribas, John Leahy, head of […]
Investment Strategy

New chief executive at AIST

Tom Garcia has been appointed chief executive officer of the Australian Institute of Superannuation Trustees (AIST) following the departure of former CEO, Fiona Reynolds, in January this year. Garcia, who has been executive manager, policy and research for the past two years at AIST, begins in the role immediately. AIST president, Cate Wood, made the […]
Investment Strategy

Get used to lower growth: Credit Suisse

Credit Suisse is telling its private clients to get back into equities, but says they must be prepared for lower than historical returns over the next 10 or so years. David McDonald, the head of strategy and research in Australia for Credit Suisse private banking, told a media briefing that the bank was forecasting “3.5 […]
Investment Strategy

Magellan goes with Northern Trust

Listed-fund manager Magellan Asset Management has cited experience with Ireland’s Undertakings for Collective Investment in Transferable Securities (UCITS) framework as a key reason in the appointment of Northern Trust as its new custodian. Northern Trust was appointed after a competitive process, replacing former custodian Merrill Lynch. Magellan, which has around US$6.7 billion in funds under […]
Investment Strategy

Middle offices suffer underinvestment: Omgeo

I&T News talks to Tony Freeman, head of global industry relations for Omgeo, about regulation, cross-border trade, underinvestment in middle offices and the Australian market. To find out more about administrative issues at Conexus Financial’s Investment Administration Conference, click here.
Investment Strategy

Stronger Super drives Russell-Link alliance

Stronger Super reforms and the push for scale have driven an alliance between global asset manager Russell Investments and administrator Link Group. Russell and Link will join together to offer superannuation funds an integrated investment and administration platform, with Russell contracts passed over to Link along with 130 Russell employees. Link will take on the […]
Investment Strategy

ASX clearing monopoly: who benefits?

The ASX is greatly changed in recent times. Now it is a public company listed on its own exchange and is no longer the regulator of the country’s equity and derivative markets. One little monopoly it is likely to hang on to for a while yet is that of clearing, with the decision from the […]
Investment Strategy

Remember to fix the brakes, says Freeman

Tony Freeman uses a motoring metaphor to explain the complex relationships between back, middle and front-office IT solutions in a period of major global change. “There is a big dichotomy, where the investment is upfront and not at the back,” says Freeman, who is visiting Australia in his role as global head of industry relations […]
<3of90>