Lazard Asset Management has become increasingly global, lifting the proportion of non-US assets under management to close to 50 per cent in the past year, and widening the base of its non-US investment strategies.
Coplestone cuts short Deutsche Asian adventure
Clayton Coplestone has resigned as head of Deutsche Asset Management (DeAM) in Hong Kong less than a year after assuming the position.
AMPFP to review managers – but no joy for industry funds
AMP Financial Planning (AMPFP) is ramping up scrutiny of the managers it recommends with an extensive round of visits to the international and Australian product providers on its approved list.
Perennial fills southern sales spot
The IOOF-owned Perennial Investment Partners added to its retail distribution team yesterday with the appointment of Angelo Saltarelli as its representative in Victoria and Tasmania.
SSgA introduces signal to predict price growth
State Street Global Advisors (SSgA) has this quarter introduced a ‘growth capability measure’ into its global quantitative process, meaning it will assess a company’s medium-term growth prospects for the first time.
Westscheme to give the ‘real’ picture on Target Return portfolio
The $2.3 billion Westscheme super fund has rephrased the way it explains its Target Return option to members, emphasising its relationship to inflation for the first time.
GESB cleanout continues: more sacked, mid-office and investment team separated
The $8 billion WA Government Employees Superannuation Board (GESB) has now terminated five staff after last year’s super switching controversy, and reprimanded four more.
SCF launches Sydney’s first women’s fund
Sydney Community Foundation limited (SCF) has launched a sub-fund aiming to raise $1 million during the next two years to assist women in greater Sydney who are in need of medical or social support.
Treloar rewarded for patience with NAB Custody top job
After more than 30 years with National Australia Bank, most of it in the custody area, John Treloar has been confirmed as general manager of NAB Custody.
Ausmaq uncovers horror stories amid overall settlement efficiency
Funds managers performing transactions through managed fund hub provider Ausmaq have typically beaten internally-set target times for settlement, however delays of several weeks are still common according to Ausmaq research.
Westscheme to give the 'real' picture on Target Return portfolio
The $2.3 billion Westscheme super fund has rephrased the way it explains its Target Return option to members, emphasising its relationship to inflation for the first time.
SCF launches Sydney's first women's fund
Sydney Community Foundation limited (SCF) has launched a sub-fund aiming to raise $1 million during the next two years to assist women in greater Sydney who are in need of medical or social support.
