Pauline Vamos’ “;immense capacity to listen to members’ concerns”; during her implementation of Financial Services Reform (FSR) while at ASIC marked her out as a suitable new CEO for ASFA, according to the association’s chair Rosemary Vilgan.
L1 Capital wins first wholesale mandate
A new Melbourne-based fund manager has secured its first institutional mandate since setting up shop three months ago.
Changes in senior ranks at CARE, Statewide
Senior members of the secretariats at CARE Super and Statewide Superannuation Trust have departed the organisations.
InfoComp to double Indian office
Wrap technology provider, InfoComp, will grow its test and development centre in India to 45 people in a year’s time, driven primarily by offshore growth in the UK.
Game on for FNZ and Axa UK
Platform provider FNZ has secured its second major UK client, signing on with Axa UK to create its wrap.
Future Fund finalises senior operations team
The Future Fund has completed its investment operations senior management team with two hires – one of which marks the third recruit from custodian BNP Paribas Securities Services this year.
Standard Life opens Australian office, launches alternatives
Standard Life Investments, the Edinburgh-based global manager, has started an Australian business.
AIST drills down through energy and resources arguments
Fresh from its success with the Sydney lunch last month featuring Peter Garrett, Opposition environmental spokesperson, AIST will this month drill down through the arguments surrounding energy and resources at a Melbourne lunch.
Mercer weighs in on ‘weight of money’ debate: asset prices should hold up
The possibility of the world entering a ‘de-cumulating’ phase due to babyboomer retirements, is unlikely to have much of a subsequent downward pressure on asset prices, according to Tony Cole, the business leader for Mercer Investment Consulting, Asia Pacific.
Catholic Super names star managers
Catholic Super has named the managers that were the strongest contributors to its annual performance, with small cap manager, Renaissance, the star performer.
AIMA to release risk disclosure guidelines for members
The Alternative Investment Management Association (AIMA) has finalised a set of voluntary guidelines on disclosure of risk terms and has sent it to Australian members and regulators for feedback, with a view to making the document public in a few weeks.
Ashton departs IWL which exits market in research to managers
General manager, managed investments research at IWL, Angela Ashton, will leave the firm to join Queensland Investment Corporation as a strategist, with her departure marking IWL’s exit of the market on research to funds managers.
