The $4 billion, 90,000-member Australian Catholic Superannuation & Retirement Fund (ACSRF) has made a major software purchase which reaffirms its commitment to self-administration.
Inside trader was never paid $350k: Orion
John Hartman, the former Orion Asset Management dealer gaoled last week for insider trading, was never paid total compensation anywhere near the $350,000 referenced by the judge in his sentencing remarks, claims the firm.
US manager buys into Aussie fees debate
The campaign by asset consultants Frontier and JANA for more standardisation of fees, including performance fees, gained support yesterday from a visiting US-based global manager. Russell puts on insto BDMs
Russell Investments has made two new institutional business hires, and re-deployed an existing executive as it dedicates resources to servicing industry/government super funds, financial institutions and asset consultants.
Custody body calls for award nominees
The Australian Custodial Services Association (ACSA) is calling for nominations for its annual awards which recognise outstanding contributors to the Australian custody and investment administration industry.
Major funds mull master custody’s future
Three of Australia’s largest superannuation funds will discuss their evolving relationship with custodians at the 14th Annual Investment Administration Conference, coming up on February 15.
Shorten’s pitch: the new super bargain
Bill Shorten
Fund rater role for $35bn up for grabs
Colonial First State’s Institute of Advice, the centre of knowledge for Commonwealth Bank-affiliated dealer groups representing $35 billion under advice, is tendering its fund ratings contract amid signs the incumbent faces a tough battle.
Major funds mull master custody's future
Three of Australia’s largest superannuation funds will discuss their evolving relationship with custodians at the 14th Annual Investment Administration Conference, coming up on February 15.
Shorten's pitch: the new super bargain
Bill Shorten
Plato recruits from SSgA, unleashes dividend-yield philosophy
Plato Investment Management has lured a regional equities chief from State Street Global Advisors (SSgA) as it makes its case against passive high-dividend yielding strategies.
