While opportunities still abound in private equity, recent Australian buyouts have prompted one leading manager, CHAMP’s Joe Skrzynski, to label the current climate a “bubble”.
Member education is not enough, conference told
There is increasing evidence that member-provided education about investments is not leading to a change in investment behaviours, with the Russell Investment Group the latest to weigh in on the subject.
Take infrastructure allocation from bond portfolio: van Eyk
Infrastructure investments are best allocated from fixed interest portfolios, rather than equities, according to the first paper from van Eyk Research’s new Strategic Research Unit.
Internal replacement expected for Pearce at Colonial
Colonial First State chief executive, John Pearce, has resigned for a position at a Hong Kong organisation, and expects to be replaced internally.
Intellectual property fund first for SG Hiscock
SG Hiscock has quietly been running what it claims is Australia’s only fund devoted to companies with superior “intellectual capital”.
IFM creeps toward $500m for fourth raising
Industry Funds Management (IFM) is seeking more than $425 million for its fourth Australian private equity fund-of-funds, using the amount raised for its third fund-of-funds as a benchmark.
Intech replaces Herschel with Platypus…
Intech has terminated Herschel Asset Management from its $1.3 billion Australian Active Share Trust, replacing it with its own Australian Shares High Alpha Trust.
…and hires BGI, Mellon for global tactical fund
Intech has revealed two of the four managers it will use for its new Global Tactical Strategies (GTS) fund-of-funds.
Asset reviews allocations, re-signs Intech
Asset Super will review its asset allocation strategy at an investment committee meeting on November 27, and has revealed it has re-signed Intech as asset consultant for another two years.
Oasis looks for IT force
Platform provider Oasis Asset Management is looking to hire 19 new IT personnel as it beta tests a number of new systems.
Boutique outsourcing not a fait accompli
Not all start-up funds managers want to outsource their fund accounting and unit registry, according to new software entrant Touchstone.
AMPFP contracts Paragem
The Nasdaq-listed Morningstar Inc has continued its shopping expedition with a US$10 million purchase of the hedge fund and separately managed account database of software firm InvestorForce.
