One of Watson Wyatt’s most senior consultants has resigned and plans to return to funds management, possibly with a boutique.
BT considers more alternatives
BT Financial Group is looking at expanding the alternative options in its ‘Investment Solutions’ multi-manager funds following the appointment of Watson Wyatt as investment consultant to the funds last week.
Former MLC private equity team hang shingle
The erstwhile private equity team at MLC has started its own specialist advisory firm, which is seeking permanent capital for a global fund-of-funds.
Invesco, Cooper Investors departees form boutique
After resigning as analysts from Invesco and Cooper Investors respectively, Mark Landau and Raphael Lamm have teamed up to form an Australian equities boutique, L1 Capital.
New fund sec, staff and mandates at AustSafe Super
One of superannuation’s longest-serving fund secretaries, Ashby Utting, is retiring from AustSafe Super after 20 years, among a whirlwind of change at the $820 million fund.
Portfolio Partners to hire researcher ahead of funds launch
Australian equities and fixed interest funds manager Portfolio Partners is searching for an equities research analyst as it prepares to launch a number of Australian equities funds.
Securitor advisers dealt new portfolio blends
St George-owned dealer group, Securitor, has restructured the model investment portfolios it delivers to advisers within the group.
First clients revealed for Thomas Murray custody report
Ausfund and Super Member Investments have become the first known Australian clients for consultancy Thomas Murray’s custodian monitoring service.
BNP PSS hires former head of Westpac custody business
BNP Paribas Securities Services (BNP PSS) has appointed the former Westpac custody head to oversee its relationship with AMP.
Capitalism is dead: Long Live the New Capitalists
Investment banks have become major direct service providers to private client and retail investor portfolios, mostly through their structured products. Yet they are conspicuous by their absence from wholesale manager menus. MICHAEL BAILEY examines whether the banks’ transactional culture can become acceptable to conservative superannuation funds, and whether they might find their biggest role in … Read more
Capitalism is dead: Long Live the New Capitalists
Investment banks have become major direct service providers to private client and retail investor portfolios, mostly through their structured products. Yet they are conspicuous by their absence from wholesale manager menus. MICHAEL BAILEY examines whether the banks’ transactional culture can become acceptable to conservative superannuation funds, and whether they might find their biggest role in … Read more
Adveq’s first investment in Australian private equity fund
Adveq, the big Swiss private equity fund of funds manager, has made its first investment in an Australian private equity fund.
