Fixed interest boutique Kapstream Capital has added a credit analyst, off the back of recent mandate wins, including some ‘work out’ situations, which have taken it through $600 million under management.
Ascalon insto BDM search down to wire
Boutique incubator Ascalon Capital Management is down to a two-horse race in its search for a head of institutional business development, while last month it purchased the 45 per cent of a retail distribution agency it didn’t already own.
Former UBS GAM chief resurfaces at MLC
A former head of UBS Global Asset Management in Australia has joined MLC Sales as general manager.
Triguboff's 2IC steps down at restructuring MIR
The well-known deputy managing director of MIR Investment Management has stepped down, while integration of the Asian and Australian qualitative research teams and a new dealer services relationship have seen the boutique trim numbers, but in a way that positions the firm to “take advantage of opportunities” according to boss Michael Triguboff.
Kapstream's new hire will work out
Fixed interest boutique Kapstream Capital has added a credit analyst, off the back of recent mandate wins, including some ‘work out’ situations, which have taken it through $600 million under management.
John Fraser’s VFMC pledge raises UBS question
The new chair of Victorian Funds Management Corporation, John Fraser, has flagged that he will spend more time in Australia and devote an increasing number of days per month to VFMC duties as the year rolls on, raising doubts over how much longer the native Melbournian will be the chair and chief executive of UBS Global Asset Management.
Superpartners head of project delivery departs suddenly
Superpartners’ head of project delivery left on Friday – in the middle of running the largest superannuation system replacement project in Australian history.
Industry fund ploughs further into credit
A large industry fund made a number of changes to its manager line up in the June quarter, awarding two structured credit mandates worth a total $225 million and terminating a $350 mandate with an absolute returns manager.
Media Super picks master custodian
The $2.2 billion Media Super has finalised its master custody arrangements after a competitive tender which saw BNP Paribas Securities Services and NAB Asset Servicing make the final shortlist.
US power investing to be a gas after 'green' bill
Whatever the US ‘green energy’ bill looks like after it passes the Senate, the importance of gas will be much greater in the medium-term as the “intermittency” problems of solar and wind sources are dealt with, according to the managing partner of a US power industry private equity manager with several Australian clients.
