The $1.8 billion TWU Super is searching for a global unlisted property manager, as it continues its program of diversifying alpha sources with the award of global listed infrastructure, opportunistic property and Australian equity long/short mandates.
CSAM cuts its platform losses
Credit Suisse Asset Management (CSAM) began the final wind-down phase of its ill-fated MasterWrap last week with the decision to transfer $300 million to badged Oasis platform Wealthtrac.
Charles River and Princeton link for better integration of front and back ends
Front-end systems and information supplier Charles River and back-end accounting and systems supplier Princeton Financial Services have developed a web-based interface for their two main systems which, they believe, should boost the marketability of both offerings.
State Street to service offshore-domiciled trusts from Australia
State Street Investor Services (SSIS) will be able to service offshore-domiciled trusts from Australia by next year, if an internal review currently underway approves the plan.
UBS Aussie bond index added to data feed
Rimes Technologies, a feeder of index data to funds managers and custodians, has added the UBS Australian Bond Index to its suite of indices.
Long/short strategies help in the boom for quant research
State Street Global Advisors (SSgA) is boosting staff levels at its investment research unit, the Advanced Research Centre (ARC), as the demand for quantitatively driven strategies and products surges.
Catholic Super completes asset consultant review
The $2.1 billion Catholic Superannuation Fund has completed a review of its asset consultant and reappointed Mercer Investment Consulting.
TAAM close to signing up UK clients
Treasury Asia Asset Management (TAAM) will announce two major UK-based clients next month after recently being allocated a $50 million mandate from Telstra Super.
Hyperion wins CoINVEST mandate
Hyperion Asset Management has been awarded a $30 million mandate from CoINVEST bringing its total funds under management to well over $1.3 billion.
Beware big managers bearing high conviction funds: WestLB
The current craze for ‘high conviction’ Australian equity funds is a classic case of “fallacy of composition”, according to WestLB Mellon Asset Management’s Greg Vaughan, as institutions with more than $1 billion reduce information ratio by offering them.
TWU alternatives revolution to continue with global unlisted property
The $1.8 billion TWU Super is searching for a global unlisted property manager, as it continues its program of diversifying alpha sources with the award of global listed infrastructure, opportunistic property and Australian equity long/short mandates.
CSAM cuts its platform losses
Credit Suisse Asset Management (CSAM) began the final wind-down phase of its ill-fated MasterWrap last week with the decision to transfer $300 million to badged Oasis platform Wealthtrac.
