To combat the skewness of the Australian listed property trust (LPT) market, the $13 billion multi-manager arm of ipac has split its portfolio covering the sector into two mandates – along a 70/30 per cent passive/active divide – and appointed new managers to implement them.
Super the sweetspot for 'globalised' DST
DST International has renamed and restructured itself to become DST Global Solutions, reflecting the fact its largest custodian and funds manager clients are now global players, however Australian CEO Ian Mathieson predicts administration of super funds and platforms will be its biggest growth area in the short-term. Absolute Returns Funds Conference Sponsors 2009
AQR Capital Management, LLC is a global provider of investment management services. The firm was founded in 1998 and is headquartered in Greenwich, Connecticut. With a diverse, global institutional client base, the firm offers a wide range of investment products ranging from traditional benchmark-driven investments to pure alpha, absolute return strategies. AQR believes that a … Read more
Zurich sales duo rejoin at Partners Group
The local arm of $28 billion Swiss alternatives manager Partners Group has recruited a second senior distribution resource from Zurich Financial Services after hiring Martin Scott to open its Sydney office last year.
AussieSuper sends $3bn downstairs
Industry Funds Management (IFM) will index half of AustralianSuper’s domestic equites portfolio – a $3 billion mandate – following the big fund’s rationalisation of its Australian share line-up, while the manager has hired Victorian Funds Management Corporation’s former head of quantitative investment.
New CEO for Financial Synergy
Super admin software provider Financial Synergy has found a replacement chief executive for Ken Galbraith, who has returned to consulting.
Former marketing heads at Vanguard, Asgard resurface
The former heads of marketing at Asgard and Vanguard Investments have been hired by a Sydney-based financial services marketing firm on a consulting basis.
Macquarie for a minute, but fundie’s a Colonial boy at heart
An analyst who defected from Colonial First State Global Asset Management (CFS GAM) to Macquarie Investment Management’s small caps team amid some fanfare 18 months ago has returned to the Marcus Fanning fold.
Third-party marketer seeks BDM
An Australian funds management third-party marketing firm is looking to hire a business development manager to help expand the business.
MasterSuper gets new master custodian
The $750 million Perth-based MasterSuper fund is understood to have changed master custodians from May 1.
Consulting still part of Russell's 'architect' plans
Traditional asset consulting remains part of Russell Investments’ vision of being an ‘investment architect’ for clients, according to Australian managing director Chris Corneil, despite the impending departure of investment strategy director Andrew Lill, and its decision not to re-tender for some major consulting contracts.
