It is not too late to get on board the big theme of a shift in world growth away from the developed and towards the developing world, but super funds should be aware of costs and risks in some investment sectors of emerging markets, according to Watson Wyatt.
Reports of hedge fund-of-funds’ death greatly exaggerated
The hedge fund-of-fund manager for the Amcor corporate superannuation fund has raised $500 million globally in the past year, which it claims is payback for its unleveraged investment style and refusal to impose redemption gates even as its FUM was halved in 2008.
AMP demonstrates importance of Asia despite AXA proposal
AMP has become the first foreign institution to sign a memorandum of understanding for a strategic alliance in asset management and pensions with China Life Insurance, the biggest insurer in China.
Financial types, and Deni Hines, get behind Oasis Africa
Oasis Africa’s annual fund raising, with strong support from the financial services sector, has secured singer Deni Hines as an ambassador and to entertain attendees on the night – December 2, at Blue Hotel, Woolloomooloo. 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.
Reports of hedge fund-of-funds' death greatly exaggerated
The hedge fund-of-fund manager for the Amcor corporate superannuation fund has raised $500 million globally in the past year, which it claims is payback for its unleveraged investment style and refusal to impose redemption gates even as its FUM was halved in 2008.
ACSA nominations open for 2010 awards
The Australian Custodial Services Association is calling for nominations for its annual awards, which recognise outstanding contributors to the Australian custody and investment administration sectors of the industry.
Veteran ARIA portfolio manager to depart
A veteran portfolio manager for the $16 billion Australian Reward Investment Alliance (ARIA), whose asset class responsibilities have included Australian equities and hedge funds, will retire at the end of the year.
Neil Cochrane returns to not-for-profit super
Neil Cochrane, the retired Colonial First State Global Asset Management deputy still best known for his five-year stint running REST Super from 2001 , has become chair of another prominent not-for-profit super fund. 
