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.
The Queensland Investment Corporation has poached senior executives from QSuper and JANA Investment Advisors under a bold plan to enter the ‘lifecycle fund’ market.
