The Fund Executives Association Ltd (FEAL) has appointed the chair of a large profit-to-members super fund as an independent director.
Thomas Murray loses both local staff
Custody consultant Thomas Murray, which in 2007 opened an Australian office amid a blaze of publicity following its conduct of the Future Fund’s backoffice tender, has seen both of its local staff recently depart.
Powis endures at FuturePlus
Richard Powis will continue as chief executive of FuturePlus, after a NSW Local Government-appointed board member of the services provider voted against a motion from peers to sack the embattled CEO over his role in the attempt made by Energy Industries Superannuation Scheme (EISS) to merge with the NSW Local Government Superannuation Scheme (LGSS) in 2009. Future Fund's first investment in timberland
The Future Fund is set to make its first investment in timberland as it increases its allocation to “tangible assets” from 3 to 6 per cent, the general manager, Paul Costello, told a Melbourne conference yesterday.
Morry's men pose threat to BlackRock
BlackRock Australia stands ready to “defend” at least $10 billion in legacy Barclays Global Investors Australian equity strategies, according to country head Damien Frawley, as two recently-departed BGI senior executives – including the all-important head of technology – consider whether to launch a boutique.
Former Fortis salesperson finds home
One of Fortis Investments Australia’s former institutional salespeople, put off around Christmas as part of that shop’s absorption into BNP Paribas Investment Partners Australia, has resurfaced at another funds manager.
Ashton to activate fund sales in new role
Known for her work as a fund researcher, Angela Ashton has begun sharpening the business profile and sales pitch of Australia’s first activist fund.
Partners Group headhunts for consultants gig…again
The local arm of Partners Group has renewed its search for a head of consultant relations after the manager’s head office in Switzerland rejected two shortlisted candidates.
Innovest MD gone as RiskMetrics focuses on ESG 'delivery'
After acquiring sustainability researcher Innovest last year, RiskMetrics has let go the regional managing director of the business and brought two of its three analysts into its Melbourne office.
