Seats filling across town

Citibank has appointed former Australian senator and minister for superannuation, Nick Sherry, to its securities and fund services, part of the Citi transaction services division. Sherry will be based in Australia and will have a regional role supporting Citi’s pension fund clients in the Asia Pacific region. Sherry was previously chair of the senate committee … Read more

European private debt lures investors

As the likelihood that the eurozone will collapse recedes, Australian institutional investors are becoming increasingly interested in private European debt markets, according to the Intermediate Capital Group (ICG). The FTSE 250-listed ICG provides debt and credit to the private markets with a focus on mezzanine debt. The firm, which has assets under management of around … Read more

BT, Franklin Templeton launch new funds

BT Investment Management has launched an emerging markets fund that will be managed by its UK unit, JO Hambro Capital Management. The BT Global Emerging Markets Opportunity Fund is an actively managed portfolio of emerging market equities, designed for investors wanting long-term capital growth and diversification. Launching the fund, BTIM sales head, Martin Franc, said … Read more

Who heads up distribution at Henderson?

Matt Gaden will move from Challenger to Henderson Global Investors as the dual-listed fund manager seeks to re-establish its Australian business. Gaden will move from his current role as general manager of institutional business and strategic alliances at Challenger to join Henderson Australia’s executive chairman, Rob Adams, and executive director, Nick Evans, as head of … Read more

Asia Pacific our biggest funds source

A two-year study has shown that the Asia-Pacific region is by far the largest contributor to fund flows into Australian managed funds. The report, Australian Investment Managers’ Cross-Border Flows, was released by the Financial Services Council and independent trustee, The Trust Company. It was commissioned following the release of Mark Johnson’s landmark report of 2009, … Read more

Cbus CEO to explain strategy changes at FIS

Cbus chief executive, David Atkin, will explain his fund’s new investment strategy, which saw the CIO role split in two, at the Fidicuary Investors Symposium in Victoria later this month. The 18-month Cbus review created a new role – known as executive manager, investment strategy – which will be taken up by former Frontier Advisors’ … Read more

LGS strengthens ESG suit with Hermes mandate

Hermes Fund Managers has been awarded a $90-million environmental, social and governance mandate by Local Government Super for a developed-world equities fund. Hermes director, Ian Manton-Hall, told IM Online that the fund was similar to another of the firm’s funds for core investor, the BT Pension Scheme, but with some particular overlays specifically for Local … Read more

Alternatives: buyer beware

Many superannuation funds that suffered losses to their alternatives portfolios during the global financial crisis were not using the asset class for its intended purpose – to diversify portfolio risk. So says Simon Eagleton, Mercer’s investment head for Australian and New Zealand, who believes many of the alternative assets that funds invested in carried the … Read more

Investment Magazine Chief Investment Officer Survey

We’re launching the Investment Magazine Chief Investment Officer Survey (imCIOS). imCIOS will look at the investment allocations, teams, outlook and decision-making of Australia’s institutional investors. It will be the basis of an ongoing analysis of this sector, measuring the sentiment, investment outlook and behaviours of these investors. To achieve this, we need your input. We ask … Read more

CommIF and the future of PPPs

AMP Capital’s Community Infrastructure Fund (CommIF) has handed a key social infrastructure project back to the Government of Victoria but despite the milestone, a dearth of future projects could send investors and infrastructure developers offshore, particularly at the top end of the market. AMP’s CommIF designed, constructed and maintained 228 communication sites and towers, as … Read more

Castlereagh and the kiss of the knight rider

Ever since last Tuesday Castlereagh has had that awful feeling you get after a blinder, when you’ve done things you wish you couldn’t remember. It was the Melbourne Cup, of course, and I was down there to hob nob in various hospitality tents with all my friends and connections from all over Australia and the … Read more

Evolution at Vanguard, Plum and IFM

Vanguard has announced that Greg Davis, principal and head of bond indexing in Vanguard’s fixed income group, will assume the chief investment officer role for the Asia Pacific region in 2013. Davis, who has been with Vanguard for 13 years, currently has responsibility for managing in excess of US$240 billion in bond index portfolios. He … Read more