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.
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 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.
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.
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.
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.
Frontier Investment Consulting has commenced talking to managers about adopting a new fee model for their businesses to break the nexus between fees and assets under management.
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.