Global equities boutique Five Oceans asset Management has appointed two analysts, bringing its headcount to 11, while also launching a 130/30 fund.
AussieSuper tenders giant group risk contract
AustralianSuper’s group insurance contract – worth roughly $150 million in annual premiums – has gone out to tender with four providers understood to be shortlisted.
ANZ loses Future Fund’s Australian custody
Northern Trust, the global custodian for the Future Fund, has delivered a body blow to ANZ Custodian Services by switching its sub-custody contract for Australian assets to an offshore-based provider, a decision which ANZ partially blames on negative publicity surrounding its equity finance business.
LUCRF enters the automated age with Bluedoor
After integrating the Bluedoor administration system into its contributions and payments processes, the $2.4 billion Labour Union Cooperative Retirement Fund (LUCRF) will begin melding the system with its website to enhance its interactivity.
PIMCO sole survivor of AUSCOAL fixed interest overhaul
AUSCOAL Super, the $4.1 billion industry fund for Australia’s coal community, has just completed a restructure of its $800m fixed interest portfolio.
ANZ loses Future Fund's Australian custody
Northern Trust, the global custodian for the Future Fund, has delivered a body blow to ANZ Custodian Services by switching its sub-custody contract for Australian assets to an offshore-based provider, a decision which ANZ partially blames on negative publicity surrounding its equity finance business.
Nick Allen no longer a Merrills employee
High-profile distribution executive Nicholas Allen is no longer on the Bank Of America-Merrill Lynch payroll. Christian Super brings FI, call centre in-house
As part of ongoing efforts to align its investments and ethical views, the $450 million Christian Super has terminated a mandate and brought 25 per cent of its fixed interest portfolio in-house, while also setting up an internal call centre.
AMP announces CIMA scholarship winner
The winner of the Certified Investment Management Analyst (CIMA) scholarship for investment consultants has been announced by AMP Capital Investors.
