Jana Investment Advisers has made two new appointments as it looks to beef up the services it offers clients.
QIC merges teams as McComish departs
QIC will merge its Australian and International implemented equity teams following the departure of head of Australian implemented equities Martin McComish.
Asgard to cull manager list with $200K-a-year preferred partner program
Asgard has acted on its wish for “fewer, deeper relationships” with funds managers, inviting 20 of them to tender for a “preferred partners program” that will ask for $200,000 up front per annum, in return for greater access to affiliated financial planners and a guaranteed slot on the Elements multi-manager funds.
Watson Wyatt to advise offshore for ipac
Ipac has appointed fellow asset consultant Watson Wyatt to advise it on global sector strategies and manager searches.
Bravura spends up to secure BoNY business in Europe
Bravura Solutions will double its staff from 270 to about 540 and have a presence in the new jurisdictions of Luxembourg, Dublin and Edinburgh following its proposed purchased of the Bank of New York (BoNY), Europe, transfer agency software business.
DSTi Saudi Arabian deal boosts Australian export of know how
The export growth of Australian investment management systems technology has been given a further boost with the deal announced last week by DST International (DSTi) to provide Saudi Arabia’s Riyadh Bank with a full suite of front, middle and backoffice systems.
SWIFTNet to test its own value
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) yesterday deployed staff to the offices of a major custodian, wrap and funds manager, as it began a so-called ‘value review’ of its SWIFTNet standards for managed fund processing.
Plan for Life finds funds hit sweet spot
Actuarial and research firm Plan for Life has reported another bumper year for the Australian funds management industry with both wholesale and retail sectors growing by close to 20 per cent.
Kerry Series back for second crack at Asian boutique
Perennial Investment Partners co-founder, Kerry Series, is returning to Australia from Hong Kong to start up a new Asian boutique called DVA (deep value active) Capital.
…as Macoun looks to recreate Perennial model
Another Perennial founder, former chief executive and chief investment officer, Ian Macoun, is also starting up a new venture, which will mirror the Perennial model.
VMFC loses Jeff Rogers to IPAC
VFMC has lost another senior investment professional with the departure of head of investments, Jeff Rogers, to IPAC.
“Last hurrah of an underachiever?”: Weaven questions Chapman inquiry
Industry Funds Management chair Garry Weaven has warned that industry fund trustees will have to become politicised if Senator Grant Chapman’s parliamentary inquiry into super “turns out to have serious Government figures behind it”.
