Perennial Real Estate wants more

David Kivell has been managing director at Perennial Real Estate Investments for less than two months. But he has grand visions. Kivell, who oversees an investment team of 11 people that manages $1.4 billion in publicly traded or soon to be traded property stocks, wants to bolster funds under management to as much as $6 … Read more

David Hobart’s unique state of mind

For hedge fund manager David Hobart it’s all about getting one’s head in the right space. That means getting rid of “flawed and reactive” feelings that may interfere with objective investment decisions. Hobart needs to meditate, not in the conventional sense of sitting on the beach and, in his words, adopting the lotus position. What … Read more

CMSF 2012 daily news: day two

Big funds tackle peer risk Focusing on the risks faced by members and judging each investment on its merits helps superannuation funds break from common asset allocations, investment chiefs at the Future Fund and QSuper told CMSF 2012 yesterday. The past 20 years have seen at least three financial crises, the rise of the superannuation … Read more

CMSF 2012 daily news: day one

Asset owners don’t have the confidence to impose their views on advisors, said trustee of the £32 billion Universities Superannuation Scheme, Howard Jacobs in a heated plenary with general secretary of the International Trade Union Confederation, Sharan Burrow, and PRI chair, Wolfgang Engshuber. Click here to read the round-up of Day One of the 2012 CMSF … Read more

Future bright for fixed-income professionals

Stuart Dear is at a famed Sydney restaurant trying not to appear too happy. The Aberdeen Asset Management portfolio manager is part of team that manages $14.5 billion in Australian bonds and is ranked number one by Morningstar. Aberdeen’s current 11-person team has over 10 years delivered a 7.2-per-cent annual gross return, according to Morningstar’s … Read more

Chris Clayton joins MLC

Chris Clayton, who was in charge of Acadian Asset Management’s Australian business, has left the firm and joined MLC as head of asset management sales. Clayton left Acadian earlier this month after joining in September 2005. Andrew Hair has been selected to take Clayton’s place on a temporary basis. Colonial First State Investments, Acadian’s joint-venture … Read more

Rob Sullivan leaves Treasury Group

Rob Sullivan, who was head of institutional sales at boutique fund manager-backer Treasury Group, has joined rival NAB Invest. Treasury Group and NAB Invest both have ventures with asset managers in an effort to attract money to investors interested in investing with boutique firms. A Treasury Group spokesman confirmed Sullivan’s departure. NAB Invest declined comment.