Funds managers are bullish on the broad markets, if not their own businesses, with a big rise in sentiment towards Australian equities, Australian bonds and the Aussie dollar, according to a survey by Russell Investments.
ACSA to reward custody and admin champions
The Australian Custodial Services Association (ACSA) is set to recognise those in the custody and investment admin industry who have put in extra effort to drive industry efficiency and contribute to regulatory dialogue. Correction to BlackRock story of 25.11.08
The lead story in the Tuesday, November 25 edition of I&T News incorrectly identified nine reduncancies at BlackRock Investment Management’s marketing team. There has in fact been just one redundancy from that team, and a further nine from other parts of the business including the direct and A-REIT property teams. I&T News apologises to BlackRock … Read more
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. 
