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.
Australian fundie veteran returns home
A 30-year funds management veteran has returned to Australia after a six-year overseas stint with Principal Global Investors, determined to work for himself.
Accommodation 2009
Accommodation Details The conference is being held at the Park Hyatt Melbourne. We recommend this hotel for conference accommodation and have secured special conference rates for the Absolute Returns Funds Conference. The conference rate is $275 per room per night in a standard Park King room. For bookings please contact the reservation department on 13 … Read more
Everest’s alternatives chief finds big super fund home
The former head of absolute return funds at Everest Financial Group, Steve McKenna, will soon resurface at an $8 billion superannuation fund to implement its credit and alternative investment programs.
Jobs at risk in BlackRock-BGI merger
Product and staff rationalisation is an expected by-product of the acquisition of Barclays Global Investors by BlackRock, which would see the creation of the world’s biggest fund manager with assets under management of more than US$2.7 trillion.
The builders of the Melbourne Convention Centre have partnered in the latest boutique from Pinnacle Investment Management. QIC bolsters risk defences with new platform
Queensland Investment Corporation (QIC) aims to strengthen and fully integrate its risk management capabilities by implementing a software platform enabling coverage of all asset classes and investment instruments.
Qantas Super recruits in-house operations resource
The $6 billion Qantas Super has recruited from the local office of JP Morgan for its head of investment operations.
SSgA offers ‘non-lending’ options
State Street Global Advisors (SSgA) has offered ‘non-lending’ equivalent trusts to four of the thirteen trusts which experienced difficulties relating to the liquidation of securities lending collateral.
Aboriginal council re-allocates culled Chifley mandate
A shift in allocations to global equities managers was the latest move by the statutory fund of the NSW Aboriginal Land Council (NSW ALC) as it unbundles its terminated investment mandate with Chifley Financial Services and assumes control of its assets.
Russell transforms 'best ideas' fund
Russell has tweaked its Australian Select Holdings Fund which combines fund managers’ ‘best ideas’ in a single concentrated portfolio, increasing the frequency with which it rebalances and enhancing the weighting algorithm that skews the portfolio to those stocks with the strongest signals.
Everest's alternatives chief finds big super fund home
The former head of absolute return funds at Everest Financial Group, Steve McKenna, will soon resurface at an $8 billion superannuation fund to implement its credit and alternative investment programs.
