As the first trickle of retirement savings money winds its way into New Zealand’s pseudo-compulsory superannuation system, 32 KiwiSaver schemes have been registered to accept the flows.
Microcap play shows we can go where megafunds can’t: BUSS(Q)
The chief executive of the $1.5 billion BUSS(Q), David O’Sullivan, said a $10 million allocation to Contango Asset Management’s microcap fund was an example of how small-to-medium funds could access opportunities the “;megafunds”; could not.
Now UBS GAM loses head of research, but clients hold fire
UBS Global Asset Management has suffered the fourth departure in as many weeks from its Australian equities team, with last week’s resignation of research head John Moran.
Senior insto BDM exits Fidelity
A senior institutional business development manager has left Fidelity and will begin work with AMP Capital Investors within the month.
VicSuper backs ‘cleantech’ venture capital fund
An Australian venture capital funds manager that invests in the development of clean technologies has drawn on capital from VicSuper and the Federal Government to launch a $50 million ‘cleantech’ fund.
Seafarers fund angles for member-specific insurance
The $1.2 billion Seafarers Retirement Fund (SRF) has narrowed its shortlist of potential insurers down to five and expects to make a final decision within the month.
CSAM appoints new custodian
State Street Investor Services has won the backoffice, middle office and custody for Credit Suisse Asset Management’s (CSAM) $23 billion in funds under management.
Garradin’s Bowhill and ING exec join Bravura brood
Bravura Solutions has completed its share acquisition of investment admin software developer Garradin from Powerlan, and announced the appointment of Garradin CEO Stephen Bowhill as head of product.
Microcap play shows we can go where megafunds can't: BUSS(Q)
The chief executive of the $1.5 billion BUSS(Q), David O’Sullivan, said a $10 million allocation to Contango Asset Management’s microcap fund was an example of how small-to-medium funds could access opportunities the “;megafunds”; could not.
VicSuper backs 'cleantech' venture capital fund
An Australian venture capital funds manager that invests in the development of clean technologies has drawn on capital from VicSuper and the Federal Government to launch a $50 million ‘cleantech’ fund.
Garradin's Bowhill and ING exec join Bravura brood
Bravura Solutions has completed its share acquisition of investment admin software developer Garradin from Powerlan, and announced the appointment of Garradin CEO Stephen Bowhill as head of product.
Beyond our backyard: Australian equity managers look to offshore listings as local markets become expensive
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
