The Future Fund has appointed Gordon McKellar as its head of operations, and he will leave his equivalent position at BNP Paribas Securities Services (BNP PSS) at the end of this month.
SimCorp replaces Bloomberg/Princeton for $18b QBE portfolio
SimCorp continues to gain share in Australia’s funds management software market, after being chosen to replace a Bloomberg/Princeton frontoffice/backoffice combination at QBE Insurance group.
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’.
Pengana offers funds a tailored alternatives approach
Pengana Capital, which recently expanded its marketing effort with the appointment of Denis Carroll as a consultant, is looking to offer institutional investors tailored product in the alternatives space.
Greens drop bomb on NZ Super Fund ethics
The New Zealand Superannuation Fund has rebutted claims by the Green Party that its ethical investment policies are inadequate.
Local Super SA-NT renews Jana, appoints Brandywine
Local Super SA-NT has signed up consultant Jana Investment Advisers for another three year contract and appointed a new $57 million mandate to global fixed interest manager Brandywine.
Perpetual gains tax-free status for UK expats’ super
Perpetual has found another market for its WealthFocus portfolio administration platform, after it received Qualified Registered Overseas Pension Scheme (QROPS) status from the UK government. .
McComish joins ex-QIC colleagues at Charter Pacific
The former head of Australian implemented equities at Queensland Investment Corporation, Martin McComish, has joined fellow QIC departees Stephen Cleugh and Julie Kincade at Charter Pacific Funds Management (CPFM).
Future Fund hires more executives
The Future Fund has appointed Paul Mann, a former manager of fund services at National Custodian Services (NCS), as chief financial officer, while a chief operating officer has also been appointed.
ARIA head of property, private equity departs
The $17 billion Australian Reward Investment Alliance (ARIA) will have a new portfolio manager for property and private equity next week, following the departure of Briar Dowsett to National Australia Bank Capital.
Buttula rejects InvestorWeb, VisiPlan sale talk
IWL Group chief executive Otto Buttula has denied fund research business InvestorWeb is for sale, but admits the crowded ratings industry is a “;natural”; for consolidation.
JP Morgan ups the ante with admin for alternatives
JP Morgan Worldwide Securities Services (WSS) has recruited Martin Archer, a former hedge fund manager as head of alternatives in Australia, responsible for private equity and OTC derivatives as well as hedge fund product management.
