Jane Perry, head of worldwide securities services for JPMorgan Chase & Co. in Australia and New Zealand, has quit the firm after four years.
SunSuper CIO David Hartley says MySuper could become “Ponzi scheme”
David Hartley, chief investment officer of the $18.2-billion SunSuper fund, says MySuper reforms could be disastrous.
Media Super targets direct private equity investments
Media Super has appointed private markets specialist Quentin Ayers to provide advice about selecting private equity managers in Australia and overseas.
David Bryant says Australian Unity wants to manage $25 billion
David Bryant, chief executive of Australian Unity Investments, says the investment unit of the health insurer and retirement manager wants to more than double its assets under management to $25 billion.
Riverside Co. co-CEO Stewart Kohl sees Australian buyout opportunities
Riverside Co., which says they are more Mahatma Gandhi than Wall Street’s fictional Gordon Gekko, says the deleveraging of the global economy is presenting a challenge for leverage buyout firms.
IOOF CIO Steve Merlicek: “It’s been a party, now it’s the hangover.”
Steve Merlicek, the chief investment officer of $9 billion invested in multi-manager asset allocation strategies at IOOF, says volatile, depressed global market conditions may continue for some time.
Mercer hires Toby Buscombe from Access Capital
Mercer, the investment services, outsourcing and human resource consulting firm, says it has hired Toby Buscombe to advise its clients on global infrastructure investments.
MLC’s Brian Parker: UBS trading loss highlights importance of risk managment
Brian Parker, investment strategist at MLC Investment Management which manages about $55 billion, says the $2.3-billion trading loss suffered by UBS AG has many “observers shaking their heads.”
Qantas Super sells 50% stake in Constellation Capital
Qantas Superannuation Ltd. has sold its 50 per cent stake in Constellation Capital Management Ltd. to the management of the $700-million Australian stock fund manager for an undisclosed amount.
Bennelong hires Tara Bell as relationship manager, Kardinia Capital keen to grow
Bennelong Funds Management Ltd. has hired Tara Bell as a client relationship manager for its five fund management companies which manage about $2 billion.
Commonwealth Superannuation Corp. hires Peter Carrigy-Ryan as CEO
Peter Carrigy-Ryan, the former chief operating officer of Australian Reward Investment Alliance, has been hired as chief executive of the $24-billion Commonwealth Superannuation Corp.
Platypus, Altius wary of stocks, bonds; Australian Unity likes office property
Simon Bonouvrie, portfolio manager of Platypus Asset Management, an Bill Bovingdon, chief investment officer of Altius Asset Management, are wary of volatile stock and bond markets.
