Viral Patel, associate director of research for T. Rowe Price International Ltd., says the firm is seeking to hire a resources analyst as the firm looks to start an Australian equities fund.
BNP Paribas’s Pierre Jond expects to ramp up custody challenge in 2012
Pierre Jond, managing director at Australia’s No. 3 custodian BNP Paribas, says the company’s local banking license will enable it to win more business from fund managers who previously may have just used France’s biggest bank for international business.
Big enough?
Paul Brech, chief executive of broker BTIG Australia, is not sure if Australia is big enough for two exchanges.
Old salt on open water
Having a steady hand on the tiller in volatile times is essential for an investment committee. Australian superannuation industry veteran Merv Peacock has seen enough market downturns over a career spanning almost five decades to chart through choppy waters. The outspoken former CIO of AMP Capital Investors brings day-to-day investment experience to his role steering … Read more
How to get lucky on a super date
Face it. If the phone isn’t ringing after your first pitch, then the targeted fund is just not that into you. In this two-part report, MATT MILGROM and DANIEL GRIOLI* canvass the sure deal-breakers that too often put investors off funds managers. Candlelight flickers across the best table in the best restaurant in town. … Read more
The Great Wall of local gov’t debt
The most recent economic data out of China confirms that the country’s economy continues to expand quickly despite ongoing tightening measures by the authorities, writes ALICE BRADER* Chinese second quarter Gross Domestic Product rose 9.5 per cent from a year earlier, slightly above most economists’ expectations and supporting the view that no hard landing … Read more
Should the funds bet the farm ?
Foreign investors are buying arable land worldwide and Australia is on their radar. Are domestic investors aiming to invest more in agriculture? MIRANDA WARD reports. Tony Meppem, co-founder of Farmland Investment Management Australia (FIMA), which invests in properties, says opportunities in Australian farmland are “generational”. Our country “ticks all the boxes”. Australia has a … Read more
ETFs have insto appeal
Limited product choice and high management fees have deterred local institutional investors from using ETFs, and while a few have begun to explore this strategy there still remains a lot to learn from global markets, writes DREW CORBETT*. The Australian Exchange Traded Fund (“ETF”) industry has been one of the fastest growing and exciting areas … Read more
The redemption of financial innovation
For asset managers, the future of innovation lies in mastering existing strategies before moving on to new ideas, writes MIRANDA WARD. Pension funds are not optimistic about the future of innovation in the investment industry. According to the influential CREATE-Research Report, Investment Innovations: raising the bar, most pension plans surveyed do not think financial … Read more
UPCOMING EVENTS – DO NOT TOUCH OR CHANGE
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Set yourself apart from the herd
A thematic approach to investing could help funds be at the head of the pack by capitalising on tomorrow’s developments rather than the trends of the day.
Tim Unger, Towers Watson senior investment consultant and author of the recent report Capturing long-term themes, which explores thematic investing, said while traditional means of constructing portfolios were all well and good, it was useful to think about what themes a portfolio is exposed to now and in the future.
Northern Trust, JPMorgan lock horns over ARIA
Northern Trust Corp. and JPMorgan Chase & Co. are the two finalists to be the custodian for Australian Reward Investment Alliance’s $18 billion fund. Letters of rejection were sent to their rivals.
