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Towers Watson racks up fourth former Russell client

27/04/2010 by Staff Writer

Towers Watson has won its fourth advisory client from Russell Investments in about 12 months, following the appointment of a new asset consultant by a $3.5 billion institution.

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Categories Investments Leave a comment

NAB promotes from within for custody role

27/04/2010 by Staff Writer
National Australia Bank has found a new head of sales for its Asset Servicing division, following a search.

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Categories Investments Leave a comment

Hyperion picks the ‘only custodian that automates day-in, day-out’

27/04/2010 by Staff Writer
POHL_Manny_web
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.

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Categories Investments Leave a comment

Commissions ban is ‘good’ for financial planners: Howes

27/04/2010 by Staff Writer
HOWES_Paul_web
Paul Howes
Banning sales commissions from financial advice on superannuation assets will increase super fund members’ retirement incomes and ultimately benefit the financial planning industry, said Paul Howes, member director of AustralianSuper and national secretary of the Australian Workers Union.

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Categories Investments Leave a comment

ING’s ‘cautious optimism’ requires TAA

27/04/2010 by Staff Writer
BRENTNALL_Stewart_headshot_april2010ING Australia’s chief investment officer has pointed to four possible scenarios that will dictate strategy for the now wholly ANZ-owned wealth management entity.

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Categories Investments Tags ING Australia Leave a comment

Big tap on the shoulder for Sydney ops exec

27/04/2010 by Staff Writer
A Sydney-based operations executive in JP Morgan’s Treasury & Securities Services business has been promoted to run operations for the entire Worldwide Securities Services business in Dallas, Texas.

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Categories Investments Leave a comment

Hyperion picks the 'only custodian that automates day-in, day-out'

07/02/201927/04/2010 by Staff Writer
POHL_Manny_web
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.

Read more

Categories Alternatives Leave a comment

Commissions ban is 'good' for financial planners: Howes

07/02/201927/04/2010 by Staff Writer
HOWES_Paul_web
Paul Howes
Banning sales commissions from financial advice on superannuation assets will increase super fund members’ retirement incomes and ultimately benefit the financial planning industry, said Paul Howes, member director of AustralianSuper and national secretary of the Australian Workers Union.

Read more

Categories Alternatives Leave a comment

ING's 'cautious optimism' requires TAA

07/02/201927/04/2010 by Staff Writer
BRENTNALL_Stewart_headshot_april2010ING Australia’s chief investment officer has pointed to four possible scenarios that will dictate strategy for the now wholly ANZ-owned wealth management entity.

Read more

Categories Alternatives Tags ING Australia Leave a comment

Big corporate fund seeks first CEO

19/04/2010 by Staff Writer
One of Australia’s largest corporate superannuation funds is searching for its first-ever chief executive officer.

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Categories Investments Leave a comment

Access Capital fights for major client

19/04/2010 by Staff Writer
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.

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Categories Investments Leave a comment

Middle manager gets among the mandates

19/04/2010 by Staff Writer
A specialist Australian equities mid-cap boutique has won a mandate with JANA Implemented Consulting.

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Categories Investments Leave a comment
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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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