Funds managers typically sell winners and hold onto losers, losing nearly 100 bps of potential returns in the process, according to Inalytics research.
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.
Mariner lures Russell BDM to head insto push
Mariner Financial has poached Russell Investment Group’s head of corporate super sales to spearhead its institutional business.
HostPlus hires 50 as call centre goes on the payroll
HostPlus has made the unorthodox decision to move its contact centre in-house, hiring 50 former Superpartners staff in the process.
Insurance deductions should apply to employers and super funds: Watson Wyatt
Consultant Watson Wyatt has called for more consistency from the Government in the tax treatment of insurance premiums irrespective of whether or not they are provided by an employer or a super fund.
David Asplin back in industry, home town
The former head of distribution at Challenger Financial Services, David Asplin, is set to assume a similar role at a property funds manager based in his home town of Brisbane.
SE Asian mutual funds surge in the midst of volatility: Cerulli
Rising investment inflows and market values have driven the growth of the southeast Asian mutual fund market to approximately $US70 billion in assets under management (AUM), Cerulli Associates has reported.
Actuaries slam Govt neglect of climate change economics
Insufficient focus has been directed to the economic consequences of climate change in the Federal Government’s recent intergenerational report, the Institute of Actuaries of Australia (IAA) contends.
Lifetime may be cut short for DSTi
DSTi’s major wrap client in the UK has put the software contract for its $35 billion-plus platform out to tender.
Visiplan/Xplan integration to be slow
IRESS will be “led by the clients” following its purchase of IWL’s financial planning software business Visiplan, according to Andrew Walsh, Xplan managing director.
Link Market Services kicks Pillar’s tyres
Link Market Services, the owner of Australian Administration Services, has commissioned a valuation of competitor member administrator Pillar Administration.
AFS signs up for more DMS technology
Dealer group Australian Financial Services (AFS) will adopt Dealer Management Services’ (DMS) Adviser Online solution, building upon its use of the administration provider’s core back-office system.
