AMP’s Brown is critical of boutique asset managers

Ella Brown doesn’t mince her words. AMP Capital’s head of fundamental equities says some Australian boutique fund managers have an inflated reputation. “Just because people are in a boutique it doesn’t mean they have more commitment to the product than us at AMP Capital. We have very passionate portfolio managers,” says Brown. She says there … Read more

Australian private equity second-best in Asia

Australian private equity funds produce the second-best returns after China amongst Asian private equity funds. The Australian funds that manage $250 million or less have an internal rate of return of 18 per cent per annum over a decade, according to the Australian Private Equity & Venture Capital Association Ltd. Access to money for buyouts … Read more

QIC’s Troy Rieck wants to make your assets sweat

QIC Ltd. wants eight new risk management customers on top of the seven funds it currently helps, says Troy Rieck, a managing director at the Brisbane-based firm. “We manage risk to increase returns,” says Rieck, visiting potential clients in Sydney. Rieck’s team has 14 people and was formed in 2007 after prodding by QIC’s University … Read more

Asian investors slow at implementing ESG

Just nine per cent of more than 5,000 investment strategies in the Asia-Pacific region meet the highest standards of environmental, social and governance investing, says Mercer. Since 2008 Mercer has assigned a 4 point scale to investment strategies based on how ESG guidelines. Funds are assessed on how integrated such principals are in active fund … Read more

Matthew Drennan to leave Zurich asset management

Matthew Drennan, who was in charge of about $5 billion in assets under management at Zurich Financial Services Australia Ltd., will leave the company by the end of the month. Zurich is merging its investments and life insurance business. Drennan, a nine-year company veteran, has been discarded. He will not be replaced. “I’m assessing my … Read more

Charles River wins new asset management clients

Asset managers will continue to use software companies to help with trading, analysis and trade settlement as spending on such activity is down by a quarter, according to Charles River Development. Asset managers are “bottom line driven. They divest themselves of a lot of costly systems, data, staff,” says Cameron Field, managing director Asia Pacific … Read more

Charles River wins new asset management clients

Asset managers will continue to use software companies to help with trading, analysis and trade settlement as spending on such activity is down by a quarter, according to Charles River Development. Asset managers are “bottom line driven. They divest themselves of a lot of costly systems, data, staff,” says Cameron Field, managing director Asia Pacific … Read more

Eng Teck Tan on European bank lending in Asia

Watch part two of an Investment Magazine roundtable held on the sidelines of the Markets Summit on 14 February 2011. Editor Simon Mumme speaks with asset class specialists from funds management companies in Australia and Asia: – Victor Rodriguez, head of Australian fixed income, Aberdeen Asset Management – Eng Teck Tan, investment manager, Treasury Asia Asset Management – … Read more

Ian Harding on what the euro crisis means for Australian stocks

Watch part three of an Investment Magazine roundtable held on the sidelines of the Markets Summit on 14 February 2011. Editor Simon Mumme speaks with asset class specialists from funds management companies in Australia and Asia: Victor Rodriguez, head of Australian fixed income, Aberdeen Asset Management : Victor Rodrigues on the Greek Debt crisis Victor Rodriguez talks Australian … Read more

Andrew Parsons on debt crisis fallout for Eastern Europe

Watch part four of an Investment Magazine roundtable held on the sidelines of the Markets Summit on 14 February 2011. Editor Simon Mumme speaks with asset class specialists from funds management companies in Australia and Asia: Victor Rodriguez, head of Australian fixed income, Aberdeen Asset Management : Victor Rodrigues on the Greek Debt crisis Victor Rodriguez talks Australian … Read more