Sunsuper has appointed a financial services processing solutions specialist to enable its integration of CSA Retirement Services, formerly Citistreet Australia, which it bought in November and has since renamed.
Blown-out spreads brings action back to corporate bonds
Widening credit spreads in the domestic corporate bond market have prompted one manager to advocate selective long-term buying in the sector, while a major superannuation fund sees better rewards for active credit in offshore markets.
ANZ private equity team halved as bank cuts insto businesses
The headcount within ANZ Private Equity has approximately halved as the manager pursues exits for its portfolio of remaining mid-market deals, following the bank’s decision to shut the division down in October.
Russell’s New Zealand head to be based in…Sydney
Russell Investments has moved the base of its New Zealand managing director position from Auckland to Sydney, at the same time as adding to the industry’s downsizing trend with a round of job cuts in the Australian operations.
Russell's New Zealand head to be based in…Sydney
Russell Investments has moved the base of its New Zealand managing director position from Auckland to Sydney, at the same time as adding to the industry’s downsizing trend with a round of job cuts in the Australian operations.
Syncsoft to slash Capital licence fee after Superpartners win
Synchronised Software will reduce the licence fees for its Capital member admin system by roughly 20 per cent for 2009/10, an action the company attributes to the scale gained by taking on Superpartners as a client.
Opportunity Australia – London
Program details & speakers presentations: 9.15 – 9.30 Opening by chair, Colin Tate, executive director, Conexus Financial. The Australian investment market is the fastest growing in the world, but who are the decision makers, what are the asset allocation trends and how compatible are offshore funds. 9.30 – 9.35 The High Commissioner, John Dauth, will … Read more
Bennelong time coming: boutique positions for renewed equity demand in ’09
The mandate drought of late 2008 will break early next year as super funds position themselves for an inevitable rebound in Australian equities, and Bennelong Australian Equity Partners claims the five-year deal with its backer is a differentiator from the boutiques with whom it will compete for the inflows. Bennelong time coming: boutique positions for renewed equity demand in '09
The mandate drought of late 2008 will break early next year as super funds position themselves for an inevitable rebound in Australian equities, and Bennelong Australian Equity Partners claims the five-year deal with its backer is a differentiator from the boutiques with whom it will compete for the inflows. Unbalanced Dec
No pity for Citi Some say that Justin Hemmes’ Ivy Bar on George Street in Sydney is the height of bull market folly, up there with Neil Perry’s second Rockpool (due to open in the buoyant economic times of January 2009).
