Manny Pohl
Hyperion Asset Management has terminated its incumbent custodian for the safekeeping of $200 million in individually managed accounts, after learning that a rival could automatically update its portfolio and cash positions overnight.
Commissions ban is 'good' for financial planners: Howes
Paul Howes
ING's 'cautious optimism' requires TAA
ING Australia’s chief investment officer has pointed to four possible scenarios that will dictate strategy for the now wholly ANZ-owned wealth management entity. Victoria’s secret is out: funds in $8bn merger
Andrew Fairley
US private equity buys up Downunder
Local private equity companies are in for competition from the US-based Riverside Company which has just opened an office in Melbourne. Key NZ Super gatekeeper jumps ship
One of the biggest influencers of asset allocation at the NZ$16 billion New Zealand Superannuation Fund (NZ Super) has jumped ship to another scheme.
Feds’ wimp-out on exec pay shifts risks to super investors
The Federal Government’s limp response to the Productivity Commission’s executive remuneration report could cost the equities market $34.7 billion as investors shift to bricks-and-mortar and cash, according to a superannuation expert. IFM adds second salesman
Eddy SchipperBig corporate fund seeks first CEO
One of Australia’s largest corporate superannuation funds is searching for its first-ever chief executive officer.
Access Capital fights for major client
A $2 billion industry fund client of Access Capital Advisers has issued tender documents to selected asset consultants following a year in which its default option returned -20.9 per cent.
Middle manager gets among the mandates
A specialist Australian equities mid-cap boutique has won a mandate with JANA Implemented Consulting.
Victoria's secret is out: funds in $8bn merger
Andrew Fairley
