Record corporate returns, high merger and acquisition (M&A) activity and large retail investment inflows have precipitated a re-rating driven Australian equities market, according to BT Head of Australian Equities, Crispin Murray.
Ten things you need to know about your super fund
The three leading super funds research and ratings firms will present a jointly prepared 10-point checklist of how they assess funds at the next Fund Executives Association Ltd luncheon series.
MFS signals hedge fund expansion with Keary hire
MFS Financial Services has appointed Richard Keary, the well-known alternatives manager, to the new position of chief investment officer of its MFS Alternative Investments subsidiary.
AXA Rosenberg clients shift from long-only to long/short
AXA Rosenberg, the US-based quant equity manager which has about $A5 billion sourced from Australian investors, is in the process of converting several mandates from long-only to its 130:30 long/short strategy.
Platinum float expected to provide glittering shareholder line-up
The biggest-ever funds management float in Australia, a $560 million offering for 20 per cent of Platinum Asset Management, opened yesterday.
AIST calls for topics suggestions for next ASI conference
The Australian Institute of Superannuation Trustees has called for topics and presenter suggestions for the next Australian Super Investment (ASI) Conference, to be held at Port Douglas, September 3-5.
Big instos lead the way with hedge fund usage, but fees still a worry
A new study by State Street has reaffirmed growing comfort by institutional investors around the world in investing in hedge funds.
Tranzact plots master plan with rights issue
The ASX-listed Tranzact Financial Services is raising almost $8 million in a renounceable rights issue to fund purchases of financial advisory practices and superannuation master trusts.
AMP seeks new advice channels, investors told
In a series of presentations yesterday and planned for today, Craig Dunn, head of AMP Financial Services, and Paul Leaming, chief financial officer, told investors the group’s expansion plans would include the development of “complementary” advice channels.
ANZ super funds get new investment director
ANZ Group’s superannuation department has appointed a new investment manager to oversee strategy for the $2 billion Australian scheme, and help co-ordinate investment policy across ANZ’s 40 international funds.
Adveq and ‘vultures’ about to prey upon distress – is this a sign?
Adveq, a Swiss private equity fund-of-funds (FoF) manager, will launch a new FoF for inclusion in its ‘Opportunity’ program within the next month.
JP Morgan ups the ante with sales and relationship team expansion
JP Morgan Worldwide Securities Services in Australia has expanded its sales and relationship management teams under the recently promoted head of both departments, Bryan Gray.
