Greg Matthews is number one

In 2000 Greg Matthews was fed up: sick of Macquarie Bank where he was chief investment officer, tired of reporters ringing him asking him what stocks he had bought and sold. Matthews needed space. He needed time to think so he could pick the right stocks. He wanted time to analyse his investment strategy. He … Read more

Liquidnet dark pool fills up

After a record February, Liquidnet, the so-called dark-pool trading network for asset managers, will soon have as many as 58 Australian funds as customers. Liquidnet says investors seem to be putting more money in stocks, helping to underpin the prospects of further record volumes for the company during the rest of the year. In February … Read more

Vanguard attracts individual investors

Vanguard is seeking to bolster its funds under management to capitalise on widespread disillusionment with active managers. “Institutional investors have embraced and understood our approach for many years,” says Joseph Brennan, chief investment officer, Vanguard, Asia Pacific. “The adviser and retail community are now more interested in index options” because regulatory pressure is seeking to … Read more

CIOs negative about bonds, positive on stocks

Chief investment officers surveyed by the Financial Services Council are negative about the prospects of international and Australian bonds, but are positive about stocks. The CIOs are also upbeat about Australian property investment but down on real estate overseas. Europe’s sovereign debt crisis is the biggest risk to investors this year, the survey reports. China’s … Read more

Rice Warner hires Mark Blair as super head

Rice Warner, the consulting firm, has hired Mark Blair as head of its superannuation consulting business in Australia. Blair has worked at investment-fund advisory consultants such as Pillar, Russell and Towers Watson. He has been hired in response to demand from Rice Warner’s superannuation fund customers for advice on strategy and product. “Mark will enhance … Read more

John Howard, Hugh Dougherty and investing

New York City. Turn of the century. Markets are booming. Champagne is flowing. Good times. A group of Australian chief executives has been flown to the city that never sleeps by investment bankers, Merrill Lynch. The CEOs are in a hotel conference room together with the chief investment officers of firms such as Capital Asset … Read more

ASX to offer trading in depository receipts

ASX Group, operator of the 151-year old Australian stock market, plans to offer trading in international shares in an effort to turn the exchange into a vital link in 24-hour global trading. ASX plans to offer depositary receipts in miners Xstrata, BHP Billiton, Rio Tinto, bank HSBC Holdings and one other stock by July, subject … Read more