Australian institutional funds grew 26 per cent last year in U.S. dollar terms, more than double that of funds in the rest of the world which grew 11 per cent, according to consultants Towers Watson and Pensions & Investments newspaper.
ASIC Chairman Greg Medcraft reiterates faith in markets, self-regulation
Australian Securities and Exchange Commission chairman Greg Medcraft says the collapse of Lehman Brothers and Bernie Madoff has not shaken his faith in markets or self-regulation.
Craig Meller says AMP’s flexible superannuation product has $3 billion
Craig Meller, managing director of AMP Financial Services, says the company’s flexible, superannuation product has attracted more than $3 billion since its launch on July 1 last year.
QIC CEO Doug McTaggart will quit next year
Doug McTaggart, the chief executive of the $60.2 billion Queensland Investment Corp., will quit on June 30 next year.
ASSET, Care Super in merger talks
The $1.6 billion ASSET Super and the $4.6 billion Care Super are considering a merger.
Qantas Super CEO Janet Torney resigns
Janet Torney has resigned as chief executive of the 75-year old, $6 billion, 33,000-member Qantas Superannuation Ltd.
AustralianSuper looking at managing more money in house
AustralianSuper, the $42 billion superannuation fund, is examining whether to manage more of its own money.
Super funds the next mutual companies, says IOOF’s Christopher Kelaher
Christopher Kelaher, managing director of IOOF Holdings Ltd., says superannuation funds could view their businesses as mutual companies and may be tempted to realise their value.
Perpetual CEO Chris Ryan: “there are some opportunities to grow”
Perpetual chief executive Chris Ryan knows tough markets.
Colonial’s Joanna Davison: “everybody wants “’alpha’”
Joanna Davison, regional managing director Australia and New Zealand for Colonial First State Global Asset Management, says the company’s 160 Australian institutional clients want one thing.
Colonial’s Joanna Davison: “everybody wants “’alpha’”
Joanna Davison, regional managing director Australia and New Zealand for Colonial First State Global Asset Management, says the company’s 160 Australian institutional clients want one thing.
Ken Liow, former BlackRock Australia equities CIO, joins Access Capital
Ken Liow has joined Access Capital Advisers, the $12 billion fund manager that invests in infrastructure, property and private equity, as an adviser who will sit on the firm’s advisory investment committee.
