The ANZ Bank’s Infrastructure Services group (ANZIS) has raised another $115 million from super funds for its Energy Infrastructure Trust, understood to include all of the funds which subscribed to its initial $51.5 million raising in 2003.
Fit for business: Collins trains for the long run
Every career is a marathon and Troy Collins’ early training as a triathlete has probably prepared him well for financial planning. Collins describes what it’s like to be a second-generation planner and how to keep a family business running.
Future Fund mandate sets scene for long-term play
The Future Fund, given its ‘investment mandate’ last week and a promise of an initial $18 billion in cash to invest, appears to have both the flexibility and fire power to achieve the target 4.5-5.5 per cent real return requested by the Government over the next 20 years.
Macquarie Newton Multi-Strategy Fund
Macquarie’s new capital protected fund offers a blended mix of six alternative investments in the Asia Pacific region.
Challenger Wholesale Global Infrastructure Fund
Challenger offers investors a diversified portfolio of global listed infrastructure securities and unlisted infrastructure assets.
Equinox Select Opportunities
Macquarie launches a trust giving exposure to a hand picked portfolio of absolute return managers.
AQR commits to Australia and BT with new hire
AQR Capital, BT Financial Group’s new global equity alliance partner, has recruited Jeff Dunn, a product specialist from Queensland Investment Corporation, as its Sydney-based representative following confirmation that it would receive about $3 billion to manage in several discrete global mandates from next month.
FEAL conference to analyse fund merger consequences
The Fund Executives Association Ltd (FEAL) conference in August, the association’s only annual event which is open to all industry participants, is to focus on three key themes in the management of super funds: mergers; brand equity; and fund features
First State Super opens its doors to the public
First State Super opened its doors to the public for the first time yesterday, taking the $11 billion fund for NSW Government employees into a new era where it is able to retain members for life.
Record roll-up expected for Mothers Day Classic
More than 22,000 people, many of whom work in the funds management industry, are expected to take part in the annual Mothers Day Classic walk/run on May 14.
Super funds not keen on self-examination
In an era of increased compliance under APRA’s new Registrable Superannuation Entity (RSE) licensing regime one third of superannuation funds still do not have an internal audit function, according to a recent Ernst & Young survey.
Advance wholesales retail fund
Advance Funds Management, the retail distribution business of St George Bank, is making the Advance Global Alpha Fund available to wholesale investors for the first time.
