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.
Acorn delivers microcap extravaganza, reviews employee scheme
Microcap manager, Acorn Capital, has recorded its best ever absolute return, with a performance for the year to June of 58.4 per cent, and will present a new ownership scheme to the board.
Fiani confirms Integrity partners, pledges greater corporate governance focus…
The former head of Australian equities at UBS Global Asset Management, Paul Fiani, has revealed which of his former colleagues will be equity-owning partners at Integrity Investment Management, a boutique he promises will “;keep companies accountable”;.
…while UBS GAM patches holes as Lonsec redeems, S&P halves stars
UBS Global Asset Management has replaced departed head of research John Moran, and sought to reassure ratings houses of the “;continuum”; of its investment process.
QIC global FI team garners $2b worth of external money
The Queensland Investment Corporation (QIC) global fixed interest team has secured $2 billion worth of new mandates in the past two years, sourced primarily from institutional clients based in NSW and Victoria.
Navigator beefs up alternatives presence on platform
Navigator has added 11 funds, primarily growth and alternative vehicles, to its investment platform.
Bravura poaches DSTi global tech head
Bravura has appointed Nick Parsons as chief technology officer, a position he previously held at DSTi.
Oasis edges out Navigator for AFS business
After a nine month review process, delayed by imminent acquisition news, the AFS Group has reappointed Oasis Asset Management as the platform provider for its Strategy Portfolio (SPL) platform.
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.
…while UBS GAM patches holes as Lonsec redeems, S&P halves stars
UBS Global Asset Management has replaced departed head of research John Moran, and sought to reassure ratings houses of the “;continuum”; of its investment process.
BNY and Mellon now offering unique range of currency styles
The completion last week of the merger between Bank of New York and Mellon Global Investments has resulted in a unique offering of a full range of currency management strategies, among other things, for the Australian market.
