Aon has unloaded four of its insurance underwriting businesses to Australian private equity manager, Ironbridge Capital.
Top executives exit Fidelity after restructure
Fidelity Investments has lost two senior staff members with the departure of Charles Wall, Australian investment director, and the group’s director of sales and marketing, Jenny Josling, following a restructure late last year.
Bernstein signs on IAG portfolio manager
Bernstein has appointed James Crawford, formerly head of strategy and business development at IAG Asset Management, as senior portfolio manager.
Perpetual makes limited changes
Perpetual Trustees Australia Limited has renamed itself Perpetual Limited, dropping ‘Trustees’ from its name, as part of efforts to rebrand the organisation as an ‘international diversified financial service group’.
Getting over yourself: why joining a dealer needn’t be painful
Like most self-licensed advisers Charlie Karalouka was forced to rethink his business model as the reality of FSR hit home. After much soul-searching Karalouka turned in his licence and found a dealer to cure his compliance headache without the nasty side-effect of institutional control.
Why Aussie fixed interest funds are still relevant
Traditional Australian bond managers, who seek to beat the market through duration bets on interest rates, have been losing favour with investors for several years, but, like Mark Twain, reports of their death may be premature. Ross Gustafson, head of fixed interest for Tyndall Investment Management, says that duration management is still the dominant source of alpha in most specialist bond portfolios.
SSgA puts some returns spice into currency hedging
State Street Global Advisors (SSgA) has launched a currency management strategy which fits between active and passive hedging for Australian institutional clients.
Two-year jail term for disgraced Skandia boss
Skandia’s former CEO, Lars-Eric Petersson, was sentenced to a two-year jail term by a Swedish court last week for fiddling the company’s executive bonus scheme.
SSgA puts some returns spice into currency hedging
State Street Global Advisors (SSgA) has launched a currency management strategy which fits between active and passive hedging for Australian institutional clients.
Two-year jail term for disgraced Skandia boss
Skandia’s former CEO, Lars-Eric Petersson, was sentenced to a two-year jail term by a Swedish court last week for fiddling the company’s executive bonus scheme.
State Street predicts ‘more normal’ year ahead for Aussie shares
International institutional investors remain overweight to Asia but have tended to take their profits from emerging markets, according to State Street Global Advisors (SSgA). Lochiel Crafter, chief investment officer for SSgA in Asia Pacific, said Asia, particularly China, Taiwan and Korea, was seen as a long-term growth opportunity.
Gay, conflict, grabs readers: Christmas to end the fun
After only seven issues (including this one) it may be too early for I&T News to stage a retrospective but we’re going to do it anyway in the time-honoured end-of-year publishing tradition.
