There has been a round of redundancies at member administrator Superpartners, following a merger of its project delivery and information technology teams, while the industry fund-owned group “reassesses” the promised January 2010 start-date for its new administration platform.
Russell sees the value in climate change
Russell Investments has introduced a global equities fund aiming to profit from the impacts of climate change to its single manager platform, OpenWorld.
LGS Super pulls out of hedge fund-of-funds
The $4.7 billion Local Government Superannuation scheme (LGS Super) has reallocated the $450 million it began pulling from hedge fund-of-funds in the Chifley Wholesale Trust in February.
Another local custody chief to depart
Peter Snodgrass
New blood in IFM’s infrastructure team
Industry Funds Management (IFM) has appointed a former leveraged finance specialist with Credit Suisse as an investment director with its infrastructure group.
Graeme Bibby: from Russell-er to mover-and-shaker
Former Russell Investments senior consultant Graeme Bibby has followed Joanna Davison’s path from retrenchment by the firm to a prominent role outside it, emerging as the chief investment officer for one of Australia’s largest insurance companies.
Merlicek’s IOOF move ups his FUM 50%
Steve Merlicek
Licence to sit in rearranged Principle’s office
Private equity placement agent Principle Advisory Services has hired former Deutsche Asset Management institutional boss Ken Licence as an executive director, among a number of ownership and personnel changes which will also see Les Fallick step down as managing director.
Discuss Aussie Super insurance deal with the key players
AustralianSuper’s landmark group insurance deal will be the elephant in the room at the upcoming AIST Insurance Symposium, but it’s sure to get a mention as all its major players will be attending the event, for which registrations have just opened.
MLC warns against pitfalls of 'MAA'
Susan Gosling
New blood in IFM's infrastructure team
Industry Funds Management (IFM) has appointed a former leveraged finance specialist with Credit Suisse as an investment director with its infrastructure group.
Merlicek's IOOF move ups his FUM 50%
Steve Merlicek
