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.
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.
Sub-prime credit crunch spells opportunities for some hedge funds
The diversity of strategies among hedge funds means that convertible arbitrage and distressed debt specialists have become very bullish following troubles in global credit flowing from the US sub-prime market, according to a leading global hedge fund consultant.
QIC invests $650m in new US endowment manager
Queensland Investment Corporation has become the first Australian investor with the new US firm run by former investment managers at the Stanford and other academic endowment funds.
Shifting assets as funds manager M&A soars
More than $US1.26 trillion in assets has changed owners through funds management corporate activity so far this year, according to figures by Putnam Lovell NBF Securities.
Change of heart as Magellan launches one global fund
A change of strategy at Magellan Financial Group will see it launch one global fund, led by portfolio manager Hamish Douglas, rather than four separate global funds, and has resulted in Heath Behncke leaving the firm.
