Morningstar’s head of research, Justin Walsh, will shortly leave the ratings agency for what is understood to be a boutique funds management role, and has been replaced by head of consulting, Anthony Serhan, with immediate effect.
Winston Sammut’s shop finds a partner
Western Pacific Asset Management (WPI) has bought a 15 per cent stake in Maxim Asset Management, the boutique founded by former Ausbil Dexia executive, Winston Sammut.
Fidelity wins first Australian equities insto mandate
Fidelity International has won its first Australian equities institutional mandate, in the form of $150 million from State Super Financial Services.
Avanteos gets all-clear for UK pension transfers
The Commonwealth Bank-owned Avanteos and those who operate badged versions of the platform will now be able to process UK pension transfers after receiving approval from the British tax office yesterday.
Macquarie tipped to join UK wrap invasion
Macquarie could be the latest Australian wrap provider to try its luck in the UK, according to a report released by Forrester Research late last month.
Follow that MSCI, with new Rimes tracking service
Rimes Technologies Australia, a supplier of data feeds to funds managers and custodians, has introduced a tracking service allowing operations managers to pinpoint how close a file is to delivery.
Winston Sammut's shop finds a partner
Western Pacific Asset Management (WPI) has bought a 15 per cent stake in Maxim Asset Management, the boutique founded by former Ausbil Dexia executive, Winston Sammut.
The super fund chief executive evolves
Investment banks have become major direct service providers to private client and retail investor portfolios, mostly through their structured products. Yet they are conspicuous by their absence from wholesale manager menus. MICHAEL BAILEY examines whether the banks’ transactional culture can become acceptable to conservative superannuation funds, and whether they might find their biggest role in … Read more
ARIA conducts first review
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.
Seafarers to sink 25 per cent into alternative asset space
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.
Funds SA gets first external client, revamps portfolio
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.
HostPlus makes opportunistic property play
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.
