The current head of Russell’s Australasian business, Alan Schoenheimer, will become head of all the group’s non-US/Canadian operations from January, prompting a restructure here.
Australia okay but Asia looks better – AMP Capital
There will be bear-market rallies in the near term, but even if markets have bottomed, that does not mean they are going in only one direction from here, according to Mark O’Brien, CIO of AMP Capital Investors. Piper cements 23-year link with MLC
Twenty three years ago Stuart Piper was the fixed interest manager for the fledgling asset management business of the broking firm known as Dominguez Barry Samuel Monatgue, who had just won a new big client – MLC.
Only one-fifth of fundies say they’ll downsize: survey
Only 20 per cent of respondents to a new survey of 70 asset managers around the world had cut staff, or expected to cut as a result of the financial crisis.
Restructure eliminates private wealth roles at Perpetual
Both the head of private clients at Perpetual Investments and the head of the Perpetual Foundation have exited the company after a comprehensive corporate restructure.
Only one-fifth of fundies say they'll downsize: survey
Only 20 per cent of respondents to a new survey of 70 asset managers around the world had cut staff, or expected to cut as a result of the financial crisis.
Future Fund starts to take on some risk
If there were any lingering doubts about the early conservatism of the Future Fund, the annual report published October 20 should put those to rest. The report reveals that six big mandates were awarded to international alternatives managers prior to June 30 as well as confirmation of the appointment of some traditional active managers both in Australia and overseas. The alternatives commitments are particularly interesting.
Future Fund starts to take on some risk
If there were any lingering doubts about the early conservatism of the Future Fund, the annual report published October 20 should put those to rest. The report reveals that six big mandates were awarded to international alternatives managers prior to June 30 as well as confirmation of the appointment of some traditional active managers both in Australia and overseas. The alternatives commitments are particularly interesting. ‘Brand Australia’ can be a fin services job creator
Financial services is not the happiest place to be these days, and nobody’s mood would have been improved by a report last month from JPMorgan Australia chief economist, Stephen Walters. In it he predicts that a slowdown in China will lead to Australia’s unemployment rate doubling between now and late 2010, to a 9 per cent level not seen since Paul Keating’s days.
‘Brand Australia’ can be a fin services job creator
Financial services is not the happiest place to be these days, and nobody’s mood would have been improved by a report last month from JPMorgan Australia chief economist, Stephen Walters. In it he predicts that a slowdown in China will lead to Australia’s unemployment rate doubling between now and late 2010, to a 9 per cent level not seen since Paul Keating’s days. Hedge fund manager: Goodbye and get f—-d
Hedge fund manager Andrew Lahde spectacularly departed the industry last month after his one-year-old fund returned 866 per cent betting against the subprime collapse. The Californiabased manager’s “goodbye letter” blasted the industry for its greed and stupidity. The email has already been passed around more times than a credit default swap, but here are a … Read more
Hedge fund manager: Goodbye and get f—-d
Hedge fund manager Andrew Lahde spectacularly departed the industry last month after his one-year-old fund returned 866 per cent betting against the subprime collapse. The Californiabased manager’s “goodbye letter” blasted the industry for its greed and stupidity. The email has already been passed around more times than a credit default swap, but here are a … Read more
