The $10 billion Telstra Super fund has reached the shortlist stage in its first-ever asset consulting tender, a process which is likely to result in a less piecemeal approach to advice from the corporate fund.
Investment nous was a must in State Super CEO search
The chair of one of Australia’s largest super funds, State Super NSW, said that investment expertise was a major criteria in the selection of its new chief executive.
Ex-Ascalon chief joins rival incubator
Nick Basile will start next Monday as investment director of another major boutique incubator, after resigning as chief executive of Westpac-owned Ascalon Capital Managers late last year. Ohlsson resurfaces to take new funds manager to the world
Michael Ohlsson, the former chief executive of Fidelity International in Australia, has joined a global financial markets trading firm with the brief to launch its funds management arm with external clients. Future Fund buys piece of private equity giant…
The $60 billion Future Fund has taken a stake in one of the world’s largest private equity firms.
Former Everest chair to seek place in super
David Kent, non-executive chairman of Everest Financial Group, has stepped down from the post.
…and creates powerful new ESG role
The $60 billion Future Fund will appoint a manager of responsible investment, as it seeks to more actively manage its voting rights.
Cambodia move means new CEO for ESI Super
The $2.7 billion, 21,000-member ESI Super has a new chief executive, following the previous incumbent’s decision to move to Cambodia as a microfinancier.
Asset class gatekeepers revealed at BT multimanager division
Key positions in the combined multimanager investment business of BT and St George, BT Investment Solutions, have now been confirmed.
Another Aussie makes good at ING IM
Another executive at ING Investment Management’s Sydney office has followed Grant Bailey’s lead into a major international role.
…while bringing AllianceBernstein connection in-house
Industry Funds Management (IFM) has recruited an industry veteran from AllianceBernstein to its debt investments team.
