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.
Call for calm as super funds near end to shocker year
With what is looming as the worst year for super funds since the Superannuation Guarantee was introduced in 1992, AIST has called on the Government to prioritise a restoration of confidence in its reviews of the super system.
Russell to launch new portfolio management service
A former BT Financial executive has joined Russell Investments’ corporate super team as it prepares to roll out a new service for its large superannuation clients.
Alcoa backs active management for Aussie shares
The $1.1 billion Alcoa of Australia Retirement
Plan has overhauled its Aussie shares line up, awarding new mandates to two
boutique active Australian equities managers.
QIC gets new main man for multi-manager
Queensland Investment Corporation’s $10 billion ‘implemented solutions’ multi-manager business has a new leader after a surprise resignation on Friday.
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.
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
