The Macquarie Professional Series head of institutional distribution has left after three years, finding greener pastures at a local third-party marketing partnership.
Workcover NSW finds new boss for its $12bn
The $12 billion fund of WorkCover NSW has a surprise new general manager of investments, who started yesterday in the role that’s been vacant since Michael Block left for FuturePlus in January.
Funds more conscious of currency’s sucker punch – NAB survey
The cash impact of paying currency hedges has soared in importance for super funds, following a disastrous year for many according to a survey by National Australia Bank.
Bravura follows OneVue to adopt new comms solution
One year after Pentafin (now OneVue) selected Thunderhead’s enterprise communications platform to support its unit trust and managed accounts admin business, Bravura Solutions has signed a partnership agreement with the
UK firm.
HOSTPLUS shows conviction in active Aussie equities
The $6.8 billion HOSTPLUS has, through its Australian equities incubation portfolio, become the first institutional backer of a high-conviction domestic equities manager.
Nicholas Applegate withdrawal raises bigger questions
John Hamer, the Australian head of Nicholas Applegate, the San Diego-based equities and bond manager, got the phone call about 30 minutes before he was to have an important meeting with his largest client, AMP. Both his sales office in Sydney and the client service office in Melbourne were to be closed with just a few days notice.
Nicholas Applegate withdrawal raises bigger questions
John Hamer, the Australian head of Nicholas Applegate, the San Diego-based equities and bond manager, got the phone call about 30 minutes before he was to have an important meeting with his largest client, AMP. Both his sales office in Sydney and the client service office in Melbourne were to be closed with just a few days notice. Of funds managers and real estate agents
It takes a lot to shock someone in the superannuation industry these days, but Jeremy Cooper did the trick with his address to the ASFA luncheon in Sydney last month.
Of funds managers and real estate agents
It takes a lot to shock someone in the superannuation industry these days, but Jeremy Cooper did the trick with his address to the ASFA luncheon in Sydney last month. The moment you could actually hear the jaws drop was when the ASIC deputy chairman, who’s now running Chris Bowen’s ‘super review’, lumped in those long-suffering funds managers with…real estate agents. And worse, investment bankers. Mezzanine finance an investment for the times
Mezzanine finance as an investment opportunity is looking attractive for super funds due to continued difficulties in the bank finance market. The risks, returns and challenges of mezzanine finance are to be discussed at a special one-day seminar in Melbourne July 29.
Navigator acquisition adds scale for NAB
Navigator’s $12 billion life insurance and investment platform, including $1.1 billion in multi-manager product, will be transferred to NAB under an agreement with Aviva
Australia to buy its wealth
management business for $825 million.
