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.
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.
Bogle rails on funds management fees: enough’s enough
Jack Bogle, the legendary founder of Vanguard Investments, has urged a group of soon-to-be MBA graduates to put their clients’ interests as the highest priority when they start their professional lives because traditional professional values were being swiftly eroded.
Pimco conference heeds risk focus
Managing risk, not returns, could be the focus of asset allocation in the next 10 years forcing a change in the construction of portfolios, according to fund executive speakers at the recent Pimco 10-year client conference.
Manager skill service to revolutionise alpha assessment
QIC has reinforced its alpha/beta split by becoming the first Australian fund to employ a behavioural performance service to assess the investment skills of its individual funds managers and more accurately identify the generation of alpha.
Demand generates two new enhanced funds from SSgA
State Street Global Advisors will launch an emerging markets enhanced equity fund, and a world country enhanced equity fund, on the back of demand for its global index plus (GIPS) strategy.
