Two Victorian industry fund giants have become the first ING clients to roll out a new online application service for group insurance.
Legg Mason win in van Eyk value shift
Favouring value over quality as an investment style, van Eyk has restructured the international equities portfolio of Blueprint, its multi-manager product.
An investment industry veteran and venture capital specialist with Access Capital Advisers has left the consultancy to again run his own business. Prime Super bucks industry norm with trauma cover
In what is understood to be an industry first, the $1 billion Prime Super has begun providing trauma insurance to members as an additional product alongside default group cover.
State Street creates senior sales role
State Street has created a new senior sales role straddling its Investor Services and State Street Associates businesses, reflecting that clients of a core custodian are increasingly requesting a broader array of services from that provider. LGSS completes active equities restructure
The $4.7 billion NSW Local Government Superannuation Scheme (LGSS) has terminated two mandates with active Australian equity managers and awarded a new mandate worth $110 million to a Sydney-based active boutique in the final stage of the restructure of its domestic equities portfolio.
McCredden brings Telstra Super colleague on board
Telstra Super’s former chief information officer has rejoined an old colleague, UniSuper chief executive Terry McCredden, as UniSuper undertakes a $6 million project involving its administration platform, Acurity.
Famous consulting face pops up at Funds SA
The $12.2 billion Funds SA has rejigged its strategic weightings to equities and credit on the back of an extensive review conducted earlier this year and appointed a well-known ex-Russell and Intech consultant to its board.
Perennial exec steps up to biggest sales role there is
One of the biggest business development roles in the Australian funds management industry has gone to a Perennial Investment Partners executive.
ESI Super flicks 'inflexible' Mercer IC
The $2.5 billion Electricity Supply Industry Superannuation Fund (ESI Super) has terminated its long asset consulting relationship with Mercer Investment Consulting, in preference for a consultant that ESI chair Bob Henricks called “more proactive”.
