The collapse of Lehman Brothers, whose prime broking clients found their assets had been ‘rehypothecated’ into oblivion, has not only encouraged prime brokers to introduce rehypothecation ‘caps’, it has allowed custodians to capitalise on long/short funds’ fear for the safety of assets held with their prime broker, next week’s Investment Administration Conference in Sydney will hear.
Telstra Super lures family office heavweight
Telstra Super chief investment officer Jim Christensen has begun building out his investment team, eschewing the fellow displaced QIC colleagues one might have expected for a pair that includes perhaps Australia’s best known family office investor.
Van Eyk snubs Macquarie for US listed infrastructure
Van Eyk Blueprint Series funds has reviewed its allocations to listed infrastructure and has redirected funds from Macquarie towards a US-based manager.Pinnacle PE races to meet deal deadline
The two-man private equity boutique at Pinnacle Investment Management is fundraising to meet a March deadline to buy the first asset of its ‘seeded primary fund’.
Thriving in the New World Order Conference Program 2010
PROGRAM You can now click on a highlighted speaker’s name to download their presentation in PDF format. 9.00am Conference Opening and Welcome Greg Bright, Publisher, Investment & Technology 9.05am Introduction Bryan Gray, Chairman, Australian Custodial Services Association (ACSA) 9.10am Plenary Session One: A New World of Regulation: What This Means In financial services, the … Read more
Ex-UniSuper exec to chair investment committee
A Melbourne-based industry fund has appointed Brett Lazarides, the former head of private equity and infrastructure for UniSuper, to become its first new investment committee chair in 30 years.
Full-up at home, Paradice goes global
With all its existing funds soft-closed, Paradice Investment Management has set up an office in Denver, Colorado staffed by three analysts formerly of Artisan Partners, to launch a global small-mid cap capability which has already found seeding of $200 million from an existing Australian client.
Taking advantage of its increasing scale, Sunsuper has terminated a $1.3 billion international equities mandate with AMP Capital Investors, and split the redeemed money among five managers. AMP still in sec lending limbo
AMP Life, the parent of AMP’s superannuation business, has not resumed securities lending from AMP Financial Services’ $66 billion asset pool after suspending the practice in the depths of the financial crisis.
ING IM puts some volatility into the ‘Mix
Optimix, the multi-manager business of ING Investment Management, awarded $100 million to a volatility manager amid the recent changes to its international equities portfolio.
Look at market, not managers, when weighing active v passive
The decision to invest actively or passively in a market must be based on the structure of that market and the indexes that represent it, not on the historical performance of active fund managers in that market, according to a new research paper from Russell Investments.
Credit Suisse funds reunited…sort of
The Credit Suisse Investments Australia suite of ‘alternative’ managed funds will join their former ‘traditional’ counterparts, now owned by Aberdeen Asset Management, on RBC Dexia Investor Services’ unit registry platform.
