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.
AussieSuper buys quant system for active manager assessment
AustralianSuper may have indexed half its Australian equities portfolio but that has not stopped it from upgrading its resources to assess active manager skill.
NAB spoils State Street’s Rio party
State Street Investor Services has, following a Thomas Murray review, become the custodian for Rio Tinto’s staff pension schemes in every major territory – except Australia.
LGSS pulls active mandates in Aussie equities beta push…
The NSW Local Government Superannuation Scheme (LGSS) has terminated three mandates with active Australian equity managers to increase the passive component of its $1.1 billion domestic equities portfolio to almost 50 per cent.
…and abolishes $425m hedge fund exposure
The NSW Local Government Superannuation Scheme (LGSS) has pulled its entire allocation to hedge funds – totalling $425 million – and invested half of the redeemed capital in high-grade Australian credit.
QIC takes aim at offshore instos to further grow client base
Queensland Investment Corporation (QIC) has begun an offshore sales push for a global fixed income absolute return fund in a continuation of its strategy to diversify and grow its client base, and is focusing on Asian and European investors.
Asset Super picks Mercer’s best for $230m int’l equities portfolio
The $1.4 billion Asset Super has overhauled its international equity manager line-up, assigning four new mandates in a portfolio of six names.
NGS Super’s investment chief departs
The head of investments at Non-Government Schools Super is understood to have left the fund, citing personal reasons.
NAB spoils State Street's Rio party
State Street Investor Services has, following a Thomas Murray review, become the custodian for Rio Tinto’s staff pension schemes in every major territory – except Australia.
Asset Super picks Mercer's best for $230m int'l equities portfolio
The $1.4 billion Asset Super has overhauled its international equity manager line-up, assigning four new mandates in a portfolio of six names.
NGS Super's investment chief departs
The head of investments at Non-Government Schools Super is understood to have left the fund, citing personal reasons.
