Jon Linehan, AustSafe chief executive officer, has left the Brisbane-based fund to return to Melbourne for ‘family reasons’.
Hedge fund sector deserves award, not just me: Steve Howell
Director of Basis Capital, Steve Howell, said the naming of the Aust-Rim Opportunity Fund as Hedge Fund of the Year last week was an “;honour”;, but that the sector itself deserved the wraps.
HESTA gives its managers an ESG warning
The health and community services industry super fund, HESTA, is progressively putting its managers on notice that it is upping its focus on environmental, social and governance (ESG) issues.
Xplan scores first in NZ and last with PlanTech takeover
The IRESS-owned adviser software firm Xplan has signalled it is on an agressive expansion path with two major deals signed in the space of a week.
Sunsuper pilots advice call centre
Sunsuper is conducting a pilot program of a financial planning call centre, which members can contact to receive advice relating to superannuation.
Workcover, NZ Super tenders dominate custody market
The $12 billion Workcover Authority of NSW is about to issue RFPs for a custody tender, joining the $11 billion New Zealand Superannuation Fund (NZSF) as a big institution currently testing the investment administration market.
Optimix spices portfolio with $250 million emerging markets mandate
The ING-owned multi-manager Optimix has spread $250 million across four emerging markets funds after an overhaul of its strategic asset allocation.
Share plan puts HFA into negative territory
An employee share plan has cost HFA a maiden profit as a listed entity with the absolute return manager revealing an almost $11 million loss in its first annual report since joining the ASX in April.
Rodd leaves VFMC to Bever
VFMC has replaced head of operations John Rodd with former Merrill Lyncher Brett Davidson, following the appointment of Leo de Bever as chief investment officer and chief investment strategist.
CARE Super appoints first investment boss
The $2.8 billion CARE Super industry fund has appointed former Portfolio Partners marketer, Greg Nolan, to the newly created position of general manager, investments.
UniSuper to offer asset class choice to members
UniSuper is in the process of diversifying its manager mix in some of its asset classes, as it prepares to launch single asset class options for members early next year.
Macquarie ProLogis forced to sell Chicago property
Plans by the city of Chicago to expand the O’Hare International Airport means Macquarie ProLogis Trust has had to sell the O’Hare Cargo Distribution Center #7, which is located on the site. The trust received $US17.6 million before sales cost for the property.
