Towers Watson has hired three investment analysts for its Sydney office. The asset consultant is also searching for a researcher who will focus on Australian equity fund managers.
Michael Bargholz resigns as CEO of AllianceBernstein in Australia, New Zealand
Michael Bargholz has resigned as chief executive of AllianceBernstein in Australia and New Zealand after almost 11 years with the firm.
Russel Pillemer sees Pengana managing $2 billion by 2013
Russel Pillemer, chief executive of Pengana Capital Ltd., says by 2013 the firm aims to manage $2 billion in funds under management, up from $1.5 billion at present.
Bennelong hire Mark Burgess, Kristiaan Rehder from Herschel
Bennelong Funds Management, the Melbourne-based boutique funds management company with $1.8 billion under management, has enticed Mark Burgess and Kristiaan Rehder from competitor Herschel to manage its second hedge fund.
QSuper’s Quest
QSuper is reinventing itself. On the eve of marking a century, the $32 billion superannuation fund for Queensland public sector workers has new investment beliefs and a strategy that is purposefully different from those of its peers. In its dynamic pursuit of risk factor exposures, it aims to break the straitjacket of investment benchmarks that … Read more
QSuper's Quest
QSuper is reinventing itself. On the eve of marking a century, the $32 billion superannuation fund for Queensland public sector workers has new investment beliefs and a strategy that is purposefully different from those of its peers. In its dynamic pursuit of risk factor exposures, it aims to break the straitjacket of investment benchmarks that … Read more
Gary Mulcahy on the prowl
Gary Mulcahy, chief executive of NabInvest, wants to take stakes in an infrastructure and a global fixed income fund as the unit of National Australia Bank Ltd. seeks to double its assets to $90 billion.
IRESS’s Andrew Walsh says Chi-X’s entry will accelerate market change
Andrew Walsh, managing director of Australia’s dominant share information and trading system IRESS Market Technology Ltd., says the entry of a second trading venue may attract other venues and further emphasise trading technology and order execution speed for fund managers and brokers.
BT Investment Management: 1990s comeback kid
In the 1990s the Backstreet Boys and Take That topped the charts and BT Investment Mangement Ltd. dominated the Australian funds management scene. Like the boy bands, Emilio Gonzalez says the fund manager is planning a comeback of its own.
“We used to dominate in the 1990s,” says Gonzalez, chief executive of BT Investment Management. “Our brand was strong. We need to re-build its presence.”
Chris Durack to head distribution at Schroder
Chris Durack, the chief executive of the $38 billion New South Wales State Super fund, will become head of distribution at Schroder Investment Management Australia Ltd.
Fidessa to open Australian office
Fidessa, the London-based liquidity aggregator, plans to open an Australian office. It is seeking to hire an Australian-based executive. Fidessa is on about 26,000 screens globally through a network of 600 brokers that route order flows from 160 venues.
Peter Morgan underground
Peter Morgan, the well known Australian investor misdiagnosed with a terminal illness, says he is not sure if he will return to fund management.
