Fiducian Portfolio Services has become the first investor to follow Stuart Cartledge to Phoenix Capital, the boutique he established with fellow Citigroup departee Michael Wood.
Access Economics sought to turn around Prime Super performance
The $1 billion Prime Super fund has joined the select client list of asset consultant Access Economics, replacing Watson Wyatt in a market tender process.
Chant West to release multimanager ratings
Chant West Financial Services will provide some competition to Lonsec next month when it releases a batch of ratings on multimanager products.
Wilshire blinks and raises $200m
Wilshire Private Markets (Wilshire PM) has experienced the strength of demand for Australian private equity from local investors, taking less than two months to raise $200 million for its second domestic fund-of-funds.
Search on for top job at NAB’s custody business
Peter Kempster, the head of NAB Custodian Services, has resigned and will leave the bank early January.
Constellation Capital aligns with fundamental indexing
Constellation Capital Management has given the trend towards fundamental indexing some more impetus, dumping market cap weighted benchmarks for its HomeGlobal fund in preference for one based on book value, dividends, sales and income.
Muto to depart RBC Dexia
RBC Dexia Investor Services (RBC Dexia IS) head of technical sales, Scott Macdonald, has been promoted to managing director and will replace Alex Muto from January.
SuperRatings expands fund awards dinner
SuperRatings’ ‘Fund of the Year’ dinner, to be held prior to the ASFA conference in Perth, has been expanded to accommodate another 50 delegates, following the sell-out of the first 250 places.
FTSE to open Australian office
Index company FTSE is establishing an Australian office in Sydney in response to increased interest in its growth weighted indices.
AMP brings China to the ASX
AMP Capital Investors plans to list a fund that provides access to China’s ‘Class A’ share market on the ASX by the end of this year.
Perennial to take funds to the world, via Dublin
Perennial Investment Partners is registering Dublin-domiciled versions of its Japanese equity, Asian equity and global listed property securities funds, and wants to launch them by the end of this year.
SimCorp builds business consulting team
SimCorp Asia has expanded the team in its Sydney headquarters by four, bringing the company’s Australian headcount to 23.
