The Australian Custodial Services Association has revamped its industry awards and called for nominations from anyone who believes he or she has made a significant contribution to that sector of the industry.
ARIA picks up Citi executive
Ex-Challenger exec to run Ascalon as Basile departs
A direct report to Challenger funds management boss Rob Adams will move on to become managing director of boutique incubator Ascalon next week, following the departure of previous Ascalon chief, Nick Basile, before Christmas.
Brookvine puts Gray on board, after late ’08 hirings
Alternative investment marketing specialist Brookvine has promoted Jack Gray, a respected investment practitioner and academic, to its board. Colonial adds a consultant liaison
Colonial First State (CFS) has added a former Select Asset Management BDM to its manager research relationships team.
New gig for Caroline Saunders
Caroline Saunders, the industry veteran perhaps best known for her time running research house ASSIRT, started a new challenge in the industry yesterday.
Cash is king, and Aussie funds are the kings of cash
Australian super funds have the highest allocation to cash compared with pension funds in the other major markets, according to a report by Watson Wyatt.
120 roles to go at MLC – but investment management unscathed
Australia’s largest multimanager, MLC, has spared its investment management and implemented consulting teams from absorbing any of the 120 position cuts it announced late last night.
Manager that picked sub-prime meltdown gets local distribution
Investment group Ashton Advisors has partnered with Paulson & Co., the US manager famous for its huge returns after shorting sub-prime mortgages, to offer three ‘recovery’ funds to Australian institutions.
Mercer IC principal, Quentin Ayers co-founder moves into funds management
David Q. Lee, formerly a principal with Mercer Investment Consulting (Mercer IC) and a co-founder of alternatives consultancy Quentin Ayers, has been appointed to a senior role with a domestic funds manager. Precious jobs in Pengana’s Asia push
The $1.4 billion funds manager Pengana Capital has hired three new staff to open its firstSingapore office, among them a Platinum Asset Management departee, in what it has called a “strategically timed” move intoAsia. TheSingapore office will be headed by Douglas Isles, a former investment analyst with Platinum Asset Management, and actuary with the Commonwealth … Read more
Brookvine puts Gray on board, after late '08 hirings
Alternative investment marketing specialist Brookvine has promoted Jack Gray, a respected investment practitioner and academic, to its board. 
