Brett Elvish, the former executive director of Intech Investment Consulting, has had a quick change of heart about life as a funds management marketer, resigning from Bank of Ireland Asset Management (BIAM) after two weeks.
Salvos hosting business lunch to launch appeal
The Salvation Army will launch its 2007 Sydney Red Shield Appeal this month at a business lunch to be attended by 400 corporate leaders, as part of the year-round fundraising effort to finance its community programs.
CSTIM rebrands as Morse, expands Asian business
Funds management systems and management consultancy CSTIM is being rebranded as Morse, in line with the UK parent company, as it expands its presence in the Asian region.
ANZ review affirms future of custody business
The future of ANZ Custodian Services was assured by a bank review which took place at the same time as Westpac’s sub-custody business was sold to HSBC last year, division head Mandy Rashleigh has revealed.
Ex-consultant Leong to leave BNP PSS
BNP Paribas Securities Service (BNP PSS) deputy head of product, Wendy Leong, will shortly leave the custodian.
NZ Super outsources securities lending program to US-based manager
The NZ$12.2 billion New Zealand Superannuation Fund (NZ Super) has appointed eSecLending as the third party manager of its securities lending program.
Changing of the Guard AIST plus CMSF adds up to more for not-for-profits
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
Changing of the Guard AIST plus CMSF adds up to more for not-for-profits
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
SSgA to launch synthetic hedge fund as index proxy
State Street Global Advisors (SSgA) will launch a global ‘synthetic’ hedge fund which aims to better the return of the average hedge fund of funds after fees.
Hedge fund-of-funds watch out: Morgan Stanley prepares hedge fund ‘platform’
US investment bank Morgan Stanley has appointed Greenwich-Van to perform due diligence and monitoring for a new ‘transparent hedge fund platform’ – one of the new-style products designed to win back market share from hedge funds of funds.
Last day today for AIST board nominations
Today is the last day to nominate directors to the board of the new-look Australian Institute of Superannuation Trustees (AIST).
New indices enable unique approach to residential property
Australian investors will now be able to invest in residential property, without actually purchasing ‘bricks and mortar’, following the launch of a series of residential property over the counter (OTC) indices and derivatives yesterday.
