Australian funds managers outpaced most of their international counterparts for growth in FUM last year according to the latest Towers Watson survey of the world’s largest 500 firms.
NZ Super overhauls portfolio
The NZ$16 billion New Zealand Superannuation Fund (NZS) has upped its exposure to global equities by $2.2 billion following a portfolio review earlier this year.
Industry super sizes up retirement villages
With funding from its stakeholders, the Industry Superannuation Property Trust (ISPT) has begun investigating investment opportunities in the retirement village market.
Sunsuper earmarks $200m for emerging markets, seeks managers
The $16 billion Sunsuper has allocated an additional $200 million to emerging market equities, but is achieving the exposure through exchange-traded funds selected by its transition manager, while it investigates whether any active managers “make sense”, according to chief investment officer David Hartley.
Perpetual mega-client keeps eye on key people
One of Perpetual Investments’ largest institutional clients, for whom it manages close to $1 billion in a sustainable Australian shares mandate, has said the fate of key portfolio managers will determine its reaction as the attempted private equity takeover by Kohlberg Kravis & Roberts (KKR) unfolds.
Industry giant top of SuperRatings’ pops
The $33 billion AustralianSuper has won SuperRatings’ 2010 Fund of the Year award, while CareSuper and Sunsuper also earned top accolades.
Access consulting head jumps to client
Access Capital Advisors has appointed a new head of asset consulting, following the incumbent’s decision to take a senior investment strategist role at an Access client, Cbus.
The $4bn newcomer: Colonial resources fund gets insto win
Colonial First State Global Asset Management’s Global Resources Fund might manage $4 billion, but it’s only just found its first sizeable Australian institutional client – and he’s the same guy responsible for the first and still only China ‘A’ Shares mandate from an Australian investor.
Industry giant top of SuperRatings' pops
The $33 billion AustralianSuper has won SuperRatings’ 2010 Fund of the Year award, while CareSuper and Sunsuper also earned top accolades.
S&P picks Australia’s small-cap standouts
Two asset managers have been anointed with five-star ratings from Standard & Poor’s (S&P) Fund Services in its latest survey of the Australian small-cap equities sector.
RBC Dexia Investor Services is shifting some non-client-facing unit registry functions from Melbourne to Kuala Lumpur, as it brings its global operating model to bear. 'Morry copycats' inspire quant headhunter deal
Funds managers looking to capitalise on renewed interest in scientific investing, inspired in part by the buzz around the boutique being established by former BGI global chief investment officer Morry Waked, have lead to the formation of a new executive search group with a speciality in finding quants.
