Fund rating firm Standard & Poor’s, in association with Professional Planner magazine, has named the best fund managers in Australia for 2011.
Morale up, turnover down in custody industry because of courses, says Financial Education, BNP Paribas
One hundred and seventeen people have graduated from custodian courses run by Financial Education Professionals Ltd., helping to cut staff turnover and bolster morale at the custody departments of banks, says Anusha Srinivasan-Ayer, chief executive of Financial Education.
BT Investment Management CEO Gonzalez: no plans to cut jobs
There are no plans by BT Investment Management Ltd. to cut jobs, says chief executive Emilio Gonzalez.
Omgeo: Perspectives on Middle Office Operations
Investment Magazine recently hosted a round table conference on the perspectives on middle office operations, presented by Omgeo. In this video, Perennial Investment Partners, SSgA, VFMC and Omgeo discuss the evolving role of the middle office in Australia.
StatewideSuper plans to complete merger with Local Super by June 2012
StatewideSuper, the $2.4 billion South Australian superannuation fund, will complete its merger with $1.7 billion Local Super by June 2012, says StatewideSuper chief executive John O’Flaherty.
US manager Artisan plots Australian sales office
Artisan Partners, the Milwaukee-based manager of $63.7 billion in U.S., emerging market and global equities, is poised to enter the Australian market, say people familiar with the matter.
AustralianSuper puts administration fees on ice
AustralianSuper has frozen the weekly $1.50 administration fee it charges members for the next three years, after boosting it by 50 per cent in 2009.
Maple-Brown Abbott acquires funds from Advance
Maple-Brown Abbott Ltd. has acquired the management rights of two funds from Advance Asset Management Ltd. The purchase price was not disclosed.
Ibbotson hired by Sunsuper for investment advice
Ibbotson Associates Australia will provide investment advice on dynamic asset allocation to the $18 billion superannuation fund Sunsuper.
Super funds bullish on equities: MSCI
An MSCI global asset owners survey, covering more than $US 5.5 trillion in assets under management, shows Australian funds have substantially higher external management than other funds around the world, and more allocated to equities.
Partners Group: Who feels like chicken tonight?
Partners Group has become a creditor in the parent company of more than 620 franchises of fast food outlets Red Rooster, Oporto and Chicken Treat.
Industry top guns to be recognised
BlackRock Investment Management, Colonial First State Global Asset Management, PIMCO Australia, Schroder Investment Management Australia and Winton are in line to be named as the S&P Fund Manager of the Year for 2011.
