Schroders has bolstered its fixed income team with a new product specialist role and will continue to expand with the search for a credit analyst.
QIC, VFMC back US power fund
It is understood that QIC and VFMC have made combined commitments of $US124.5 million to the Californian-based Energy Investors Funds’ United States Power Fund III.
Health Super to use licence to parent other funds
Health Super is keen to attract other funds to use its licence in the same way Equipsuper has done in establishing its new financial planning service.
BT’s sustainable man moves on
A former head of socially responsible investment and institutional salesman at BT Financial Group has taken a newly-created role at Macquarie-owned hedge fund manager, MQ.
Deutsche pulls plug on unpopular hedge fund product
Deutsche Bank subsidiary Deutsche Xenon will not proceed with AlphaPlus 3, the third in a series of structured products backed by hedge fund-of-funds, after it raised what’s understood to be only $2 million.
UBS GAM loses more Aussie shares talent
UBS Global Asset Management (UBS GAM) has lost another senior member of its Australian equities team.
Charter Hall adds to diversified property fund
Sydney-based property funds management group and developer Charter Hall has added a $5.1 million investment to its Diversified Property Fund (DPF).
New strategic tilting head role as UniSuper restructures investment team
UniSuper is restructuring and expanding its investment management team, which entails the creation of a head of strategic tilting position.
Rimes makes a splash in Singapore
Rimes Technologies has signed up one of the biggest clients of its SmartFiles service in the Asia Pacific region, in the form of Prudential Asset Management Asia, based in Sydney.
Change at the top of Pillar
NSW Government-owned super member administrator, Pillar Administration, had a new chair from June 18.
Ausmaq and MacWrap collaborate to develop Taxstreme
Investment administration service provider Ausmaq has developed a module designed to assist Macquarie Wrap achieve greater accuracy in its end-of-financial-year tax reports.
AustralianSuper to appoint specialist advisers
AustralianSuper is in the process of reviewing consultants with the intention of hiring specialist advisers in overseas property and overseas private equity.
