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Bid for Australia to be funds hub pointless: custody chief

24/05/2010 by Staff Writer

Skills shortages in Hong Kong and Singapore will do more to advance Australia’s status as a regional financial services centre than anything our Government is doing in response to the ‘Johnson report’, according to a regional custody chief.

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Categories Investments Leave a comment

Senate tick for Medicare super clearing house

24/05/2010 by Staff Writer
The passing of the free Medicare clearing house legislation has been hailed by some super industry bodies and decried by private clearing houses and the Federal Opposition.

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Categories Investments Leave a comment

RBC Dexia’s Bonhote opts for tree-change

24/05/2010 by Staff Writer
 
Michael-Bonhote_WEB
Michael Bonhote
RBC Dexia Investor Services’ domestic head of sales and client relationships, Michael Bonhote, will end his tenure with the custodian, and the financial services industry, this week.

Read more

Categories Investments Leave a comment

Gordon cuts short retirement for top role

24/05/2010 by Staff Writer

One of Australia’s expatriate success stories, Michael Gordon, has come out of a brief retirement to take the helm of the European equities arm of a big global manager.

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Categories Investments Leave a comment

Mercer stiffens investments arms

24/05/2010 by Staff Writer
MATHER_Graeme_body_may2010Mercer is stiffening its investments arms with the appointment of a market business leader in Australia and a CIO for alt-alpha strategies in the UK.  

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Categories Investments Tags Mercer, Graeme Mather, Bill Muysken Leave a comment

GESB adds two to investment team

24/05/2010 by Staff Writer
GESB, the $10.4 billion WA-based public sector fund, has added two people to its investment team.

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Categories Investments Leave a comment

City Super hands reins to acting CEO

24/05/2010 by Staff Writer
City Super, the $1.4 billion Brisbane City Council fund, has appointed its CEO who has been acting in the position since October last year.

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Categories Investments Tags City Super, the $1.4 billion Brisbane City Council fund, Karen Gibson, Ian Prowse Leave a comment

Rollover times set to plummet

24/05/2010 by Staff Writer
LOVNEY_Adrian_may2010The time taken for rollovers and contributions is set to drop from up to one month down to less than three days due to an e-commerce pilot with the Industry Funds Forum and Cuscal.

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Categories Investments Tags cuscal, statewide, Health Super, Industry Funds Forum, REST, Adrian Lovney, Cuscal general manager, Francis Cox, of Industry Funds Forum, general manager of IT at Sunsuper, sunsuper Leave a comment

Sunsuper snaps up secondary property deal

24/05/2010 by Staff Writer
Sunsuper was one of many investors that bought into a $500 million direct property secondaries offering from another domestic institution in the past week and a half.

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Categories Investments Leave a comment

We take it all back: Russell re-insources super admin from IBM

24/05/2010 by Staff Writer
Russell Investments has dramatically reversed its 2006 decision to outsource administration of its 220,000 super member accounts to IBM.

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Categories Investments Leave a comment

Bonds back on the menu for Aussie funds

24/05/2010 by Staff Writer
Australian super funds’ relatively low exposure to bonds is set to rise, as funds including HESTA reassess the role that assets like hedge fund-of-funds have previously played in their ‘defensive’ portfolios.

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Categories Investments Leave a comment

RBC Dexia's Bonhote opts for tree-change

07/02/201924/05/2010 by Staff Writer
 
Michael-Bonhote_WEB
Michael Bonhote
RBC Dexia Investor Services’ domestic head of sales and client relationships, Michael Bonhote, will end his tenure with the custodian, and the financial services industry, this week.

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Anna Shelley on the investment opportunities of a fragmented world 

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Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.

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