Schroder Investment Management head of distribution, Murray Brewer, will leave in a couple of months to spearhead US manager T. Rowe Price’s growth ambitions in Australia.
Wind and hot air attract super funds
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.
BNP’s Gail Burke off to new role in London
Gail Burke, the head of BNP Paribas Securities Services in Australasia for the past three years, is to become chief operating officer for the business in London, being replaced by a 20-year Paribas veteran, Jean Marc Pasquet.
Online, offline, streamlined: the future of investor communications
The Federal Government’s recent announcement to allow listed companies to make annual reports available to shareholders online, rather than mailing hard-copy reports to shareholders, has significant implications for managed investment schemes as well as companies. This and other advances in investor communications will be analysed at a special half-day seminar in Sydney on May 30, organised by the Australasian Investor Relations Association (AIRA).
Saxby associate to face million dollar theft charges
Dean George Scook, Perth entrepreneur, and Carol Norma Hardie, former director of Southern Wine Corporation (SWC), appeared in a West Australian court last week to face charges of stealing over $1 million.
Wawn walks from MLC
Bill Wawn, MLC general manager distribution solutions, left the organisation last week less than six months after assuming a new position with the group.
Talks signal end of line for Vector
Dealer group Vector Financial Consultants is in discussions with part owner FSP Group about dissolving the Vector brand and bringing the group’s 28 advisers under the FSP banner.
