State Super Financial Services, which advises on $8.3 billion predominantly on behalf of retired NSW public servants, has drawn from the senior ranks of an asset consultant for its new chief investment officer.
Series’ pan-Asia boutique staffs up for debt strategy
Eight Investment Partners, the pan-Asia boutique, has appointed an executive director to implement a credit capability to be run alongside Kerry Series’ equity strategy.
Rice Warner to revise clearing house report
Rice Warner Actuaries is revising its report to private clearing house SuperChoice on Medicare’s clearing house for small employers, due to concerns about data and incorrect conclusions.
Funds tell Feds to get it together on SG
Bipartisan support is needed for the Superannuation Guarantee to increase to 12 per cent, according to the super industry’s five peak bodies, who competed with the aggrieved mining sector for airtime in Canberra yesterday.
Scottish coup prompts new emerging markets fund
Martin Currie Investment Management will bring forward its plans to launch an Australia-domiciled emerging markets fund following a coup in which the Edinburgh-based firm lured a team of specialists from a local rival.
Zenith to move into insto advice with alternatives expansion
Zenith Investment Partners has recruited an experienced hedge fund researcher to spearhead a move into institutional asset consulting.
Big seed mandate for ex-Alliance growth boutique
A $200 million seed mandate and backoffice support are understood to have lured AllianceBernstein’s growth equities team into boutiquedom.
Colonial First State GAM set for Kiwi injection
First it was Crowded House, then Russell Crowe, now NZ$5 billion could be headed over the Tasman as the investment arm of the Auckland Savings Bank is wound down, at the behest of its owner, Commonwealth Bank of Australia (CBA).
New master for State Super Financial Services' $8bn
State Super Financial Services, which advises on $8.3 billion predominantly on behalf of retired NSW public servants, has drawn from the senior ranks of an asset consultant for its new chief investment officer.
Series' pan-Asia boutique staffs up for debt strategy
Eight Investment Partners, the pan-Asia boutique, has appointed an executive director to implement a credit capability to be run alongside Kerry Series’ equity strategy.
Unbalanced
MTAA on the canvas MTAA Super has been the first in many things over the years: such as having a painting commissioned of its secretariat. (Cbus famously owns a bunch of artworks, but none of itself as far as we know.) The story starts back in 1999, when chief executive of the fund and the motor trades association, Michael Delaney, was walking out of a meeting in Parliament House. As a contemporary report in The CanberraTimes has it, he noticed the huge Tom Roberts’ impression of the opening of the Australian Parliament, and thought ‘we should have one of those’. In classic ‘bicentennial project’ fashion, Canberra artist Michael Winters was contracted, and soon attended one of the MTAA’s board meetings to note ‘personal idiosyncrasies’ and make sure he got the likenesses of directors and their staff. Seven months later, Winters had completed a huge oil on canvas measuring 3.3 by 1.4 metres, and depicting no fewer than 39 of the MTAA milieu. The painting took pride of place in the second boardroom at MTAA House for many years. Unfortunately the MTAA communicates with us via lawyers’ letters only these days, so we can’t confirm a story that the work has more recently been retired, along with Winters’ individual portraits of certain former MTAA presidents.
