Principle Advisory Services has launched a separate fund of funds (FoF) business, the first product for which will be an international opportunistic property fund.
AustralianSuper to cash up ’til market settles down
The $28 billion AustralianSuper will hold all inflows in cash until “;the market picture becomes clearer”;, chief executive Ian Silk told a gathering of participating employers last week.
Goldman Sachs JBWere to build up quant, rebuild flagship Aussie equities
Goldman Sachs JBWere Asset Management (GSJBW AM) has enough confidence it will begin receiving external mandates for its quant Australian equities process that it is seeking an additional quant analyst, while also seeking to replace just-departed senior analyst Anthony Swan.
Lam’s Suncorp role to be more than strategic
Stephen Lam’s new role within the merged Suncorp group will include hands-on responsibility for the $1.6 billion international equities portfolio.
Hedge fund ‘beta’ should be cheaper, says hedge fund manager
Returns generated by well-established hedge fund strategies could be categorised as ‘hedge fund beta’, and manager fees correspondingly lowered, according to Gregor Andrade, AQR Capital Management vice president.
GoldLink LICs sparkle and fade
Gold derivatives trader GoldLink Capital has completely unwound positions in one of its listed investment vehicles, and is in the process of realising those held in another, after plunging volatility in the gold market undermined its investments.
CSRF doubles exposure to emerging markets
Catholic Superannuation and Retirement Fund (CSRF) has increased its allocation to emerging market equities from 3 to 6 percent, reducing some of its weighting in Australian equities.
State Street win to increase master custody competition
In a major fillip for competition among Australian-based master custodians, State Street Investor Services has won its first major client since returning to the business last year.
CitiStreet expands to meet super fund service needs
CitiStreet has announced that several new appointments have been made within its Australian team to enable the member administrator to meet client demand for more specialised services.
Principle unveils Granite Capital opportunistic property fund
Principle Advisory Services has launched a separate fund of funds (FoF) business, the first product for which will be an international opportunistic property fund.
AustralianSuper to cash up ’til market settles down
The $28 billion AustralianSuper will hold all inflows in cash until “;the market picture becomes clearer”;, chief executive Ian Silk told a gathering of participating employers last week.
Goldman Sachs JBWere to build up quant, rebuild flagship Aussie equities
Goldman Sachs JBWere Asset Management (GSJBW AM) has enough confidence it will begin receiving external mandates for its quant Australian equities process that it is seeking an additional quant analyst, while also seeking to replace just-departed senior analyst Anthony Swan.
