An AMP Capital hedge fund-of-fund (HFoF) has become the latest Australian-domiciled hedge fund to see its currency hedging capability diminished due to the dramatic fall of the Australian dollar.
Big SA fund seeks first CIO
The $2 billion investment fund of the Motor Accident Commission (MAC) of South Australia is seeking its first chief investment officer.
IFM sustainability manager crosses to big client
Sustainability manager with Industry Funds Management, Louise Davidson, will soon leave the business to take a similar role with a big industry fund client. Building cheaper tailored hedge FoFs for big super funds
With the trend to seek greater transparency fuelled by the financial crisis, tailored solutions for the requirements of big super funds are gaining popularity, especially in the previously opaque world of hedge funds.
BlackRock retrenches head of marketing
The Australian arm of BlackRock Investment Management has let go its head of marketing.
Macquarie private equity veteran Brakey to depart
The long-time head of Macquarie Funds Management’s private equity funds-of-funds, John Brakey, will leave to join another household name in the unlisted assets space.
While hopes that the resources sector will keep the Australian economy, at least, from slowing and the Australian share market from tumbling are long gone, there are some bright spots in the sector to maintain investor interest. Countdown is on for AIST fund staff awards
Registrations close soon for the Australian Institute of Superannuation Trustees’ inaugural Awards for Excellence.
NZ insto appoints first master custodian
New Zealand’s second-largest community trust, the $500 million Canterbury Community Trust, has appointed its first ever master custodian.
