Many US asset managers have turned to target-date/lifecycle funds in a bid to satisfy investors competing needs of wealth accumulation and retirement protection, heralding a new era of challenges.
Cerulli survey identifies top concern for US in 2008
Many US asset managers have turned to target-date/lifecycle funds in a bid to satisfy investors competing needs of wealth accumulation and retirement protection, heralding a new era of challenges.
Sword quits LUCRF chair, becomes acting GM
The chairman of the Labor Union Co-operative Retirement Fund (LUCRF), Greg Sword, has resigned and undertaken the position of acting general manager.
Sword quits LUCRF chair, becomes acting GM
The chairman of the Labor Union Co-operative Retirement Fund (LUCRF), Greg Sword, has resigned and undertaken the position of acting general manager.
Gottex and Basis get top honours in ‘quality’ hedge fund sector
Gottex and Basis Capital were awarded top honours in the first full sector review of hedge funds by Standard & Poor’s, which showed a generally high quality of managers, according to the researchers.
Jensen replaces Young as HFA chief executive
Spencer Young, the founder of the $2.5 billion listed hedge fund-of-funds group HFA, has stepped down as chief executive, being replaced by a newcomer to the company, Paul Jensen.
State Street’s Travers onto the AIMA board
David Travers, the chief executive of State Street’s regional investor services business, has joined the governing committee of the Australian chapter of the Alternative Investment Managers Association.
Wespoint adds weight to FICS’ expansion argument
The Financial Industry Complaints Service(FICS) is set to have its jurisdiction expanded, following an outcry over many Wespoint investors having lost too much to be eligible for a hearing.
T.Rowe to lend a private equity helping hand
T.Rowe Price will offer a ‘distribution management service’ to local institutions as it continues to rebuild its Australian business under director Murray Brewer.
Mellon, Barclays share global TAA at TWU Super
The $1.95 billion TWU Super Fund has decided to appoint both of the global tactical asset allocation (TAA) managers it had shortlisted after beauty parades last month.
MFS seeks two analysts for first Australian investment office
MFS Investment Management (MFS IM) will employ two analysts in a new Sydney investment office, due to open in the first quarter of 2007.
Mercer Wealth Solutions boss departs
The head of Mercer Wealth Solutions, Anthony Lowe, has departed the organisation after a restructure.
