Challenger has announced two senior financial planning appointments as it begins implementing changes recommended in an internal review of the division.
Credit Suisse narrows search for Aussie equities talent
Credit Suisse Asset Management (CSAM) is screening a shortlist of candidates to replace two senior Australian small cap fund managers, whose recent departures forced Standard & Poor’s (S&P) to downgrade its ratings of CSAM Australian small cap funds.
NAB Custody replaces RBC in Bell Potter backoffice
NAB Custodian Services has replaced RBC Dexia Investor Services as backoffice provider for Bell Potter Funds Management’s $2.3 billion portfolio.
Planner seeks way around XPlan’s $50,000 minimum
Financial planner with Avenue Capital Management (ACM), Andrew Hungerford, is working with XPlan to customise and further simplify share adjustment procedures within clients’ self-managed accounts (SMAs).
ARIA's new private equity advisor tunes out the noise
The Australian Reward Investment Alliance (ARIA) has $80 million to place into offshore private equity before the end of the financial year, but don’t expect an overweight to US large buy-out managers with new advisers Altius Associates guiding the process.
Planner seeks way around XPlan's $50,000 minimum
Financial planner with Avenue Capital Management (ACM), Andrew Hungerford, is working with XPlan to customise and further simplify share adjustment procedures within clients’ self-managed accounts (SMAs).
M&A boom: this time it’s different, says Legg Mason
The wordwide M&A boom has caused many a funds manager and many a client fund to wonder what will happen when the bubble bursts. Legg Mason Capital Management, for one, argues: ‘this time it’s different’.
ASSET adds GTAA and shifts further to alternatives, passive mandates
ASSET Super has allocated $55 million to a new global tactical asset allocation (GTAA) mandate with four managers as part of a major restructure which has resulted in a significant reduction to traditional active management in equities and bonds.
Hatfield and Liptak link in hedge fund marketing/research firm
Damien Hatfield, the well-known hedge fund industry figure, is to set up a hedge fund research and marketing business with Daniel Liptak, an experienced hedge fund researcher.
CMSF close to record numbers
The annual Conference of Major Superannuation Funds (CMSF) is gearing up for its biggest conference yet.
Last Twilight seminar for Jack Gray
Jack Gray, GMO co-head of asset allocation, will present at his last UNHCR Twilight Seminar for Australia on March 7, 2007 before he moves to Boston.
Troy Angus leaves BT for Paradice
The portfolio manager of BT Financial Group’s imputation and ethical funds, Troy Angus, will leave BT at the end of February to join Paradice Investment Management.
