Chief executive of the $13 billion Cbus, David Atkin, has outlined the specific causes on which the industry fund’s new executive manager of policy and government will aim to provide value to members.
Superpartners winds down Syncsoft relationship
Superpartners is in negotiations with the provider of its new administration platform, Synchronised Software, which are expected to result in the administrator taking greater control of the platform’s further development, while the revelation that Superpartners is also seeking a ‘tier one’ systems integrator to help it complete the project have placed a question mark over the future involvement of India-based Tata Consulting Services.
How sweet it is: JP Morgan gets to flick NAB
Laurence Bailey is a patient person. He first expressed interest in buying ANZ Custody, on behalf of the then Chase Manhattan Bank, about nine years ago. Last year he put in what would probably have been a winning bid only to see the ANZ business withdrawn from sale. Last week he was, at last, successful. TWU Super buys more hedge fund-of-fund exposure
The $2 billion TWU Super has reinforced its commitment to hedge funds by investing a further $100 million in the strategies, and flagging further mandates in 2010.
Solaris nets $100m for starters with FirstChoice
Solaris Investment Management gained an up-front $100 million mandate for being grouped into a multi-manager product on the Colonial First State (CFS) FirstChoice platform, as a growth boutique was ousted in the manager swap.
BlackRock’s ex-marketer lands new job
Jean-Luc Ambrosi, the former head of marketing at BlackRock, will soon begin work at another funds management giant.
Fortis foregone: Insto clean sweep for BNP Paribas Investment Partners
The chief executive of Fortis Investments Australia, and his two insto sales lieutenants, have failed to secure ongoing positions following the merger with BNP Paribas Investment Partners Australia, part of the global sale of Fortis Bank to BNP Paribas.
BlackRock's ex-marketer lands new job
Jean-Luc Ambrosi, the former head of marketing at BlackRock, will soon begin work at another funds management giant.
ANZ Custody back on the block
The business of ANZ Custody is back on the market, but with a big ING-flavoured sweetener for prospective buyers.
Hazel McNeilage gets big QIC job
Hazel McNeilage, the former head of asset consulting at Towers Perrin who was instrumental in its Total Risk Management purchase, will return to Australia and the public sector super milieu after spending six years offshore with Principal Global Investors, to become head of funds management at Queensland Investment Corporation. NSW State Super brings investment strategy, research all-rounder on board
The $38 billion NSW State Super has appointed a new investment analyst to its internal team.
