The New Zealand Superannuation Fund will announce its new CEO next week with the successful candidate expected to be an overseas applicant.
MFS surprises market with Northplan outlay
Property investment group MFS beat out at least one other Australian firm with its successful NZ$52.5 million purchase of New Zealand financial planning firm Northplan yesterday.
Peter Rayner returns to industry at Saltbush
The former Australian chief executive of Allianz Global Investors, Peter Rayner, has resurfaced as chief executive of alternative boutique incubator, Saltbush Funds Management.
State Super and Access go for well-aged infrastructure
The $30 billion NSW State Super is favouring mature infrastructure investments over development projects, as it works with Access Economics to reach its 4 per cent strategic infrastructure allocation some time next year.
More AXA planners lining up for group nod
Habitual recommendation of aligned platforms must be “;justified”; under AXA’s accreditation test for its financial planning practices, which national compliance and advisory services manager, Simon Wallace, reports is attracting growing interest 18 months after its launch.
Australian emitters have 15 years to clean up: report
Australian primary resources and other emissions-intensive industries will not be punished in the near-term for heavy greenhouse emissions, however clean coal technology and sequestration is critical to the coal, oil and gas industries’ viability in a carbon-constrained world, a Citigroup report says.
BNP pips RBC, NAB to be MMC’s custodian/administrator
BNP Paribas Securities Services (BNP PSS) has become MMC Asset Management’s first dual custodian and administrator, on the basis of what MMC chief financial officer David Mackaway called its “;technological edge”;.
RBC Dexia faces Perpetual tender
RBC Dexia Investor Services is competing to keep its largest Australian client, as the $34 billion Perpetual Investments undergoes a tender process for its custodian and fund administration contracts.
FEAL links with Melbourne Uni for fund executive education
The Fund Executives Association Ltd (FEAL) will introduce next year an executive education program offering a choice of two courses with the Melbourne Business School at the University of Melbourne.
Luke to leave Sunsuper after 10 years
The chief executive of the $10 billion Sunsuper multi-employer fund, Don Luke, has signalled he will leave the position around the middle of next year in order to pursue a new career in community service activities.
NZ Super CEO tipped to be non-Kiwi
The New Zealand Superannuation Fund will announce its new CEO next week with the successful candidate expected to be an overseas applicant.
MFS surprises market with Northplan outlay
Property investment group MFS beat out at least one other Australian firm with its successful NZ$52.5 million purchase of New Zealand financial planning firm Northplan yesterday.
