The head of Mercer Wealth Solutions, Anthony Lowe, has departed the organisation after a restructure.
Super funds follow FKP to property’s fringe
Following the recent oversubscribed close of its Core Plus Fund (CPF), FKP Funds Management will continue targeting CBD ‘fringe’ and industrial properties, avoiding CBD core acquisitions in an attempt to outperform.
Aegis first to put ETF in model portfolio
Aegis Equity Research has included an exchange traded fund (ETF) in a model portfolio for the first time.
Bad news wins…but the good news is it’s time for a holiday
This is the last edition of I&T News for the year – we will next publish on January 9, 2007 – and we wish all our readers a safe and happy holiday period.
ACSA holds elections, holds back custody stats
The Australian Custodial Services Association (ACSA) has re-elected as chair the managing director of State Street Investor Services, David Travers, while the release of its industry statistics has been delayed due to definitional problems.
IFF to launch online portal to mental health care
The heads of major industry funds, six insurers and mental health organisations have resolved to build a website supplying educational mental health and care access information to members and employees of the involved funds.
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.
