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.
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.
