Investment Strategy

IFM ramping up GDP-linked infrastructure

Infrastructure investor Industry Funds Management believes that 2013 could be a good year to invest in GDP-linked assets after significant investment in regulated assets in recent years. Kyle Mangini, IFM’s Melbourne-based head of infrastructure, says that valuations for GDP-linked assets, such as airports, seaports and toll roads are at an attractive point in the cycle, […]
Investment Strategy

NAB Asset Servicing wins two more mandates

National Australia Bank’s Asset Servicing business continues to win mandates from mid-ranking fund managers with the announcement of two new contracts with investment manager, Atrium Investment Management, and Fitzpatrick Private Wealth. NAB AS will provide administrative services to Atrium, a Sydney based multi-asset manager with just over $600 million in funds under management. Fitzpatricks is […]
CIO profiles

New CIO at Mosaic, new appointments for Fidelity, AMP Capital

The ASX-listed financial planning and funds management group, SFG Australia (SFG), has appointed the former head of investments for Zurich, Matt Drennan, as chief investment officer at Mosaic Portfolio Advisers. Mosaic is the portfolio construction and management arm of the SFG business, and produces investment products for SFG’s financial planning network, which includes Shadforth, Outlook […]
Investment Strategy

JP Morgan continues with HESTA

JP Morgan’s Australian head of custody sales, Bryan Gray, is anticipating a wave of custody reviews from superannuation clients in the second half of 2013, after funds navigate the transition to the MySuper regime. Yesterday JP Morgan was confirmed as the custodian for the $21-billion HESTA superannuation fund, which represents the health and community services […]
Investment Strategy

Troika in place at Perpetual

Perpetual Investments major new hire, Michael Gordon, commenced his role as group chief executive for investments at the listed-funds manager this week. Perpetual has styled the appointment of Gordon, formerly chief investment officer at BNP Paribas Investment Partners, as the last piece in assembling its new leadership team, following the hiring of Mark Smith as […]
Investment Strategy

The shadow lands of finance

Australia likes to boast about its well regulated financial and banking system, but out there in the shadows of the industry some strange things have happened. Firstly, the spotlight was on the so called “shadow brokers” – around 650 of them who trade the ASX and Chi-X markets through intermediaries and thereby avoid regulation from […]
Investment Strategy

AMP goes property shopping offshore

With a scarcity of good local assets, property investors are increasingly looking at the UK and Northern Europe Australian property investors continue to be encouraged by valuations in the global market, with AMP Capital announcing its first US acquisition since the global financial crisis. The AMP Capital Global Direct Property Fund, which counts man key […]