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.
Hatfield and Liptak off and running with hedge funds range to offer
Hedge funds of funds (FoFs) managers are responding to a heightened appetite for risk from super funds with what they say is a ‘second generation’ of investment offerings.
BT’s Voyager co-founder alive and well in Hong Kong
Leon Christianakis, who left the BT joint venture Voyager Funds Management in March citing illness, has reappeared in Hong Kong as a Deutsche Bank private client executive while his old shop hires up.
$10bn FUM is thin end of the Edge: SSgA
State Street Global Advisors (SSgA) has amassed $US10 billion under management worldwide for its range of 130/30 funds marketed under the ‘Edge’ banner, three-and-a-half years since its first ever short-extension fund was launched in Sydney.
Hyperion Flagship to release $30m in general share offering
Listed investment company Hyperion Flagship Investments (HIP) intends to issue $30 million in company shares to current and prospective investors.
FPA finds new adviser education manager as ASIC review proceeds
The Financial Planning Association (FPA) has appointed a new education manager for its certified financial planner (CFP) accreditation program, amid regulatory reviews of entry-level adviser education.
Incubator MMC seeds first start-up, loses director
Boutique incubator MMC Contrarian has seeded its first fund, the Contrarian Global Value fund (CGV), in a joint-venture with Contrarian Global Asset Management (Contrarian GAM), investing $20 million on day one.
Northern Trust saves NZ Super over $2m
The New Zealand Superannuation Fund has slashed its custodian costs by NZ$2.5 million with the appointment of Northern Trust, according to figures just published.
Bonhote to turn fund sales skills to custody
Michael Bonhote, a former head of product and marketing at Intech and Deutsche Asset Management, will resurface at a custodian in August.
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.
Hatfield and Liptak off and running with hedge funds range to offer
Hedge funds of funds (FoFs) managers are responding to a heightened appetite for risk from super funds with what they say is a ‘second generation’ of investment offerings.
