The Future Fund’s new chief investment officer, David Neal, has revealed for the first time plans to recruit four to six investment executives in the key areas of portfolio construction, the hunt for alpha, and private markets.
SuperRatings' new data hub interacts directly with funds
SuperRatings will launch its new research centre next week, a data hub between the 300-plus products and funds it reports on and its own research capabilities.
Russell’s global product head relocates to Australia
In a further sign of the growing importance of the Australian funds management industry as a global leader in new products and strategies, the global head of product for Russell Investment Group has transferred from the firm’s Tacoma, US, head office to Sydney.
MTAA Super to expand internal investment team
MTAA Super is looking to add investment personnel to its internal team to work with its consultant and investment committee.
VFMC targets total external costs of 25 bps
VFMC plans to manage more funds internally in a bid to get total investment management, custody, administration and compliance costs down to a goal of 25 bps.
QIC sifts alpha from emerging markets FI in world first
QIC has teamed with UBS Investment Bank to get a leveraged return, via a fixed income note, on the emerging market alpha of BlueBay Asset Management, making it the first investment of its kind in emerging markets fixed interest.
Bridgecorp promises a repeat performance for Kiwi advisers
It is understood as much as 70 per cent of the funds raised by the collapsed finance company Bridgecorp came through New Zealand financial advisers.
ANZ Energy Infrastructure’s $200m raising upsized to $300m
A stronger than forecast dealflow pipeline has prompted ANZ Infrastructure Services (ANZIS) to increase the latest capital raising for the Energy Infrastructure Trust (EIT) to $300 million, after setting a $200 million limit in the information memorandum.
MFS diversifes with pure alpha mandate
MFS Investment Management has allocated $17.5 million of its premium income fund to Mellon Global Investments’ global bond alpha trust.
Statewide to release new online functionality
Statewide is upgrading its online service to enable members to make applications and contributions online, a move aimed at increasing the administrative efficiency of the fund.
RBC Dexia takes Treasury Group partnership to Dublin
RBC Dexia Investor Services (RBC Dexia IS) has taken its relationship with Treasury Group offshore, becoming the backoffice provider for Dublin-domiciled TG Treasury Asia Fund.
Clearview gets in early on podcasting
ClearView Retirement Solutions has become one of the first financial services converts to podcasting, launching a series of downloadable talks to help explain the ‘Simpler Super’ changes.
