Elephants in the room will figure large in the two-day 7th international responsible investment conference which begins today at Sydney’s Dockside venue in Darling Harbour.
Global share managers on shaky ground at NZ quake fund
New Zealand’s Earthquake Commission (EQC) may sell down most of its NZ$1.7 billion international shares portfolio in order to meet the ballooning claim costs from the recent disaster in Christchurch.
Paul Costello to depart as GM of Future Fund
Four years since becoming its first employee, Paul Costello will depart his role as general manager of the Future Fund, saying “new leadership” was appropriate now that the $87 billion vehicle was beyond its “start-up phase”. Aviva lands Asian property specialist
Aviva Investors has recruited a product specialist to its Asia-Pacific real estate business to develop customised solutions for institutional clients.
Responsible investment launches online academy
The Responsible Investment Academy will officially launch its first programs at the 7th International Responsible Investment Conference in Sydney next week.
Hedge fund heavyweights hit Melbourne
As institutional investors consider a revival of hedge fund allocations, some of the biggest names in the alternative asset class – including Cliff Asness and Daniel Och – will hit Melbourne next week.
Omega picks up global corporate debt mandate
Specialist fixed interest boutique Omega Global Investors has picked up a mandate from Ibbotson Associates as the implemented consultant redirects some of its global bonds into international corporate debt.
Rivals sniff around MTAA Super
Super funds which sit alongside MTAA Super as defaults in motor industry modern awards have been approaching executives from the Australian Automotive Industry Association (AAIA), which broke away from the MTAA in May taking 80 per cent of the membership with it, trying to convince them to divert employer contributions away from the Canberra-based fund.
AustralianSuper tests possibilities of internal investment teams
AustralianSuper will seek an Asian investment specialist, the first to be employed by a local super fund, while a new ‘head of equities’ position may open the door for internal active management, chief investment officer Mark Delaney revealed exclusively to the September edition of Investment Magazine.
Tyndall insto head steps up
The head of institutional business at Tyndall Investment Management has left to take on a wider distribution role at another funds manager, as Suncorp continues to review the future of its asset management subsidiary.
Cost and delay of medical reports for group cover slashed
Two group insurers are using a technology which claims to cut the cost and turnaround times of doctors’ reports by one-third.
Ankura takes aim at low flying core–satellites
The success of the core–satellite approach in multimanager investing has been debunked by new research from domestic boutique Ankura Capital.
